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OK SB951
Bill
AI Summary
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Requires the Commissioners of the Land Office to appraise improvements made by agricultural lessees that cannot be removed without damaging the land, and mandates that new lessees reimburse previous lessees for the appraised value before taking occupancy
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Failure by a new lessee to reimburse the previous lessee for approved improvements constitutes a default of the lease
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Prohibits charging lessees additional fees beyond the original accepted bid for irrigating agricultural land when water is not sourced from lands owned or managed by the Commissioners
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Requires the Commissioners of the Land Office to promulgate rules implementing these provisions
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Effective date is November 1, 2025
Legislative Description
Commissioners of the Land Office; granting of commercial and agricultural leases; providing for appraisal of certain improvements; directing certain reimbursement. Effective date.
Last Action
Filed with Secretary of State
5/29/2025