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Oklahoma Legislature· SB 1991Approved by Governor 04/17/2026

An act relating to the Long-Range Capital Planning 7 Commission, the official text

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1                   STATE OF OKLAHOMA

1

2                  2nd Session of the 60th Legislature (2026)

2

3 SENATE BILL 1991  By: Hall
3

4

4

5

5

6                   AS INTRODUCED

6

7   An Act relating to the Long-Range Capital Planning

7   Commission; amending 61 O.S. 2021, Sections 309, 316,

8   317, 326, and 327, as amended by Sections 39, 42, 43,

8   46, and 47, Chapter 238, O.S.L. 2022 (61 O.S. Supp.

9   2025, Sections 309, 316, 317, 326, and 327), which

9   relate to state property; directing the monies

10  received from the sale of certain leases and

10  property, bonuses, royalties, and contracts to be

11  deposited in the Oklahoma Capital Assets Maintenance

11  and Protection Fund; amending 62 O.S. 2021, Sections

12  900, 901, as amended by Section 1, Chapter 439,

12  O.S.L. 2025, and 901.1 (62 O.S. Supp. 2025, Section

13  901), which relate to the State Capital Improvement

13  Planning Act; modifying application of short title;

14  transferring provisions from repealed section of

14  statutes; eliminating requirement to prepare certain

15  annual budget and capital plan; requiring the

15  Oklahoma State Regents for Higher Education and state

16  governmental entities to cooperate with the

16  Commission in preparation of five-year plans;

17  requiring the Office of Management and Enterprise

17  Services (OMES) to perform services in support of

18  five-year plans; prescribing allocation of monies

18  from the Oklahoma Capital Assets Maintenance and

19  Protection Fund for certain fiscal year; prescribing

19  additional requirements for five-year plans;

20  requiring submission of list of proposed projects

20  pursuant to five-year plans; authorizing OMES to

21  expend certain funds for certain projects;

21  authorizing redirection of certain funds for certain

22  emergency projects; amending 62 O.S. 2021, Section

22  908, as amended by Section 1, Chapter 188, O.S.L.

23  2023 (62 O.S. Supp. 2025, Section 908), which relates

23  to the Oklahoma State Government Asset Reduction and

24  Cost Savings Program; eliminating the Maintenance of

24

    Req. No. 2824                                              Page 1
1   State Buildings Revolving Fund; amending Section 2,

1   Chapter 441, O.S.L. 2024, as amended by Section 3,

2   Chapter 439, O.S.L. 2025 (73 O.S. Supp. 2025, Section

2   188B), which relates to the Oklahoma Capital Assets

3   Maintenance and Protection Fund; expanding sources of

3   funds; modifying provisions for which the Oklahoma

4   Capitol Improvement Authority is granted certain

4   authorizations; modifying authorization to provide

5   for construction of property; requiring interest and

5   returns earned on deposits to the fund be deposited

6   to the credit of the fund; amending 74 O.S. 2021,

6   Section 61.8, as amended by Section 1, Chapter 194,

7   O.S.L. 2025 (74 O.S. Supp. 2025, Section 61.8), which

7   relates to the duties of the Commission; directing

8   certain proceeds be deposited in the Oklahoma Capital

8   Assets Maintenance and Protection Fund; modifying

9   requirements for certain report; requiring the

9   remaining balance of the Maintenance of State

10  Buildings Revolving Fund to be transferred to the

10  Oklahoma Capital Assets Maintenance and Protection

11  Fund upon certain date; requiring electronic

11  submission of certain reports; updating statutory

12  language; updating statutory reference; clarifying

12  statutory language; repealing Section 3, Chapter 441,

13  O.S.L. 2024, as amended by Section 2, Chapter 439,

13  O.S.L. 2025 (73 O.S. Supp. 2025, Section 188A), which

14  relates to the Oklahoma Capital Assets Maintenance

14  and Protection Act; providing for noncodification;

15  providing for recodification; providing an effective

15  date; and declaring an emergency.

16

16

17

17

18 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
18

19  SECTION 1.     AMENDATORY  61 O.S. 2021, Section 309, as

19

20 amended by Section 39, Chapter 238, O.S.L. 2022 (61 O.S. Supp. 2025,
20

21 Section 309), is amended to read as follows:
21

22  Section 309. A. The Office of Management and Enterprise

22

23 Services is hereby authorized and empowered to offer for sale and
23

24 sell and execute and deliver oil and gas or mineral leases upon the
24

    Req. No. 2824                                         Page 2
1 lands described in Section 1 of Title 73 of the Oklahoma Statutes
1

2 under the control of said the Office of Management and Enterprise
2

3 Services. The Office of Management and Enterprise Services is
3

4 hereby authorized and empowered to enter into contracts with persons
4

5 or corporations for the drilling of oil and gas wells on any such
5

6 property owned by the state. No such lease or drilling contract
6

7 shall be entered into by said the Office of Management and
7

8 Enterprise Services which provides for the payment of a royalty to
8

9 the State of Oklahoma this state of less than one-eighth (1/8) of
9

10 all of the oil, gas, or casinghead gas produced, saved, and sold
10

11 from said such lands, plus cash bonus, of the royalty in said such
11

12 leases. Such The Office of Management and Enterprise Services shall
12

13 give notice of its intention to offer for sale said such lease or
13

14 drilling contract by advertising said such fact for a period of at
14

15 least twenty-one (21) days electronically on an authorized state
15

16 website and in a legal newspaper published and of general
16

17 circulation in the county where said such lands are located. The
17

18 Office of Management and Enterprise Services shall award such lease,
18

19 leases, or drilling contracts to the highest responsible bidder.
19

20 All bidding shall be by sealed written or electronic bids filed with
20

21 said the Office of Management and Enterprise Services.
21

22  B. All royalties, bonuses, and rentals accruing to the state

22

23 from any contracts or leases executed pursuant to the provisions of
23

24 subsection A of this section and all other monies received from the
24

    Req. No. 2824                                             Page 3
1 sale of any such leases, bonuses, and royalties or other contracts
1

2 made by said the Office of Management and Enterprise Services shall
2

3 be credited to the Maintenance of State Buildings Revolving Fund of
3

4 the State of Oklahoma Oklahoma Capital Assets Maintenance and
4

5 Protection Fund.
5

6   SECTION 2.      AMENDATORY  61 O.S. 2021, Section 316, as

6

7 amended by Section 42, Chapter 238, O.S.L. 2022 (61 O.S. Supp. 2025,
7

8 Section 316), is amended to read as follows:
8

9   Section 316. All proceeds derived from any royalty under such

9

10 leases or any bonus received from the sale of such leases shall be
10

11 paid into the Maintenance of State Buildings Revolving Fund of the
11

12 state Oklahoma Capital Assets Maintenance and Protection Fund, but
12

13 this section shall not be a part of any contract with any lessee
13

14 hereunder.
14

15  SECTION 3.      AMENDATORY  61 O.S. 2021, Section 317, as

15

16 amended by Section 43, Chapter 238, O.S.L. 2022 (61 O.S. Supp. 2025,
16

17 Section 317), is amended to read as follows:
17

18  Section 317. A. The Office of Management and Enterprise

18

19 Services is hereby authorized and empowered to sell and execute oil
19

20 and gas leases, and other mining leases, on any of the lands of this
20

21 state under the control of said the Office of Management and
21

22 Enterprise Services. Sale of Oklahoma State Capitol lands or
22

23 parkways or the Executive Mansion lands shall be made upon a basis
23

24 of a retained royalty of not less than one-eighth (1/8) of all the
24

    Req. No. 2824                                Page 4
1 oil, gas, and other minerals produced therefrom, and such additional
1

2 cash bonus as may be procured. Such leases shall contain a
2

3 provision that in the event of the discovery of natural gas, gas
3

4 shall be furnished free of charge to any state institution located
4

5 or hereafter located upon the lands covered by said the lease, or
5

6 leases. Said Such leases shall be sold only after advertisement for
6

7 a period of three (3) weeks electronically on an authorized state
7

8 website and in a legal newspaper published and of general
8

9 circulation in the county in which said such lands are located. The
9

10 sale shall be made to the highest responsible bidder, and all bids
10

11 for any tract shall be presented to the Office of Management and
11

12 Enterprise Services electronically or in sealed envelopes, and shall
12

13 all be opened and considered at the same time. Said The Office of
13

14 Management and Enterprise Services shall have the right to reject
14

15 any and all of said the bids and again readvertise said such lease,
15

16 or leases, for sale.
16

17  B. The Office of Management and Enterprise Services is further

17

18 authorized to make and promulgate such additional rules and
18

19 regulations as he may deem necessary and for the best interest of
19

20 the this state in facilitating the sale of said such leases. The
20

21 Director may contract with other state agencies to implement the
21

22 provisions of this section and any expenses charged under such
22

23 contract may be paid from the proceeds of the lease.
23

24

24

    Req. No. 2824                                               Page 5
1   C. All monies derived from the sale of any and all of said such

1

2 leases, and from any royalties subsequently accruing, after
2

3 deduction of the amount required to pay necessary and actual
3

4 expenses of developing the lease, shall be paid into the State
4

5 Treasury and credited to the Maintenance of State Buildings
5

6 Revolving Fund Oklahoma Capital Assets Maintenance and Protection
6

7 Fund.
7

8   SECTION 4.     AMENDATORY  61 O.S. 2021, Section 326, as

8

9 amended by Section 46, Chapter 238, O.S.L. 2022 (61 O.S. Supp. 2025,
9

10 Section 326), is amended to read as follows:
10

11  Section 326. After payment of all costs incurred in the

11

12 inventory and appraisal and advertisement and costs of sale, the
12

13 remaining proceeds therefrom, and any monies derived from leasing
13

14 the property described in Section 324 of this title, shall be
14

15 deposited in the Maintenance of State Buildings Revolving Fund
15

16 Oklahoma Capital Assets Maintenance and Protection Fund. The
16

17 leasing for oil and gas purposes of any such lands and the proceeds
17

18 therefrom shall be conducted and handled by the Office of Management
18

19 and Enterprise Services pursuant to Section 317 of this title.
19

20  SECTION 5.     AMENDATORY  61 O.S. 2021, Section 327, as

20

21 amended by Section 47, Chapter 238, O.S.L. 2022 (61 O.S. Supp. 2025,
21

22 Section 327), is amended to read as follows:
22

23  Section 327. A. Unless procedures for state agency real

23

24 property transactions are otherwise specifically provided for by
24

    Req. No. 2824                                              Page 6
1 law, no state agency shall sell, lease, exchange, or otherwise
1

2 dispose of such real property subject to its jurisdiction, or lease,
2

3 purchase or otherwise acquire real property subject to its
3

4 jurisdiction, except as authorized by subsection L of this section
4

5 and as otherwise provided for in this section. As used in this
5

6 section, "state agency" means any department, board, commission,
6

7 institution, agency or entity of state government.
7

8   B. 1. Every state agency shall request the Office of

8

9 Management and Enterprise Services to dispose of real property upon:
9

10  a. legislative authorization,

10

11  b. authorization by the Long-Range Capital Planning

11

12                 Commission, or

12

13  c. a determination, in writing, by the Office of

13

14                 Management and Enterprise Services or the state agency

14

15                 that a parcel of real property subject to its

15

16                 jurisdiction is no longer needed.

16

17  2. Upon the request of the state agency to dispose of real

17

18 property, the Office of Management and Enterprise Services shall
18

19 estimate the value of the property, and:
19

20  a. for properties with an estimated value of greater than

20

21                 Twenty-five Thousand Dollars ($25,000.00), obtain at

21

22                 least one complete appraisal made by a person

22

23                 certified by the Real Estate Appraiser Board of the

23

24                 Oklahoma Insurance Department, who shall ascertain:

24

    Req. No. 2824                                                 Page 7
1                  (1) the present fair value of the property,

1

2                  (2) the present value of the improvements on such

2

3                  property, and

3

4                  (3) the actual condition of the improvements on the

4

5                  property,

5

6   b. after completion of the provisions of subsection L of

6

7                  this section, cause notice of such sale to be

7

8                  published for at least one (1) day in a newspaper of

8

9                  general statewide circulation authorized to publish

9

10                 legal notices, and weekly for three (3) consecutive

10

11                 weeks in a newspaper of general circulation published

11

12                 in the county or counties in which the property is

12

13                 located. The notice shall contain the legal

13

14                 description of each parcel of real property to be

14

15                 offered for sale, the appraised value thereof, the

15

16                 time and location of the sale or opening of the bids,

16

17                 and terms of the sale including the fact that no

17

18                 parcel of property shall be sold for less than ninety

18

19                 percent (90%) of the appraised value of the real

19

20                 property; provided, in lieu of such procedure, the

20

21                 information may be published electronically on the

21

22                 Office of Management and Enterprise Services' website

22

23                 if the notice of sale and instructions on accessing

23

24                 the public information are published in a newspaper of

24

    Req. No. 2824                                                 Page 8
1                  general circulation in the county or counties in which

1

2                  the property is located weekly for three (3)

2

3                  consecutive weeks,

3

4   c. offer the property through electronic auction, public

4

5                  auction or sealed bids within three (3) weeks after

5

6                  the last publication of the notice. The property

6

7                  shall be sold to the highest bidder. The Office of

7

8                  Management and Enterprise Services shall not accept a

8

9                  bid of less than ninety percent (90%) of the average

9

10                 appraised fair value of the property and the

10

11                 improvements on such property,

11

12  d. if the property is being disposed of in compliance

12

13                 with Section 908 of Title 62 of the Oklahoma Statutes,

13

14                 the Office of Management and Enterprise Services may

14

15                 auction the property at public or electronic auction

15

16                 provided proper public notice is given in compliance

16

17                 with this section and the property has been approved

17

18                 for liquidation by the Long-Range Capital Planning

18

19                 Commission. The Office of Management and Enterprise

19

20                 Services is authorized to reject all bids,

20

21  e. if the property has an estimated value of less than

21

22                 Twenty-five Thousand Dollars ($25,000.00), the Office

22

23                 of Management and Enterprise Services may establish

23

24                 the value through market comparison and may dispose of

24

    Req. No. 2824                                                Page 9
1                  the property based on estimated value without

1

2                  obtaining a certified appraisal; provided, however,

2

3                  the sale shall comply with all other requirements of

3

4                  statute, and

4

5        f. if the property is landlocked, the Office of

5

6                  Management and Enterprise Services may offer the

6

7                  property through indirect sale to the adjacent

7

8                  property owner for not less than ninety percent (90%)

8

9                  of fair market value, as determined in compliance with

9

10                 this section. All sales costs, including any required

10

11                 surveys and appraisals, shall be at the expense of the

11

12                 buyer.

12

13  3. The cost of the appraisal required by the provisions of this

13

14 section, together with other necessary expenses incurred pursuant to
14

15 this section, shall be paid by the state agency for which the real
15

16 property is to be sold from funds available to the state agency for
16

17 such expenditure. All monies received from the sale or disposal of
17

18 the property, except those monies necessary to pay the expenses
18

19 incurred pursuant to this section, shall be deposited in the
19

20 Maintenance of State Buildings Revolving Fund Oklahoma Capital
20

21 Assets Maintenance and Protection Fund unless otherwise provided by
21

22 law.
22

23  4. The Office of Management and Enterprise Services may dismiss

23

24 from consideration any appraisal found to be incomplete or flawed.
24

    Req. No. 2824                                         Page 10
1   C. Unless otherwise provided by law, the Office of Management

1

2 and Enterprise Services shall review and approve state agency real
2

3 property transactions. A state agency shall not lease or acquire
3

4 real property, or lease, dispose of or transfer state-owned real
4

5 property until the Office of Management and Enterprise Services
5

6 provides notice of transaction approval to the state agency. Prior
6

7 to approval, a state agency shall provide documents to the Office of
7

8 Management and Enterprise Services and provide reference to
8

9 statutory or other legal authority of the state agency to lease or
9

10 acquire real property, or lease, dispose of or transfer state-owned
10

11 real property. If the state agency intends to lease or acquire real
11

12 property, the state agency shall state the intended use of the real
12

13 property, and shall provide the Office of Management and Enterprise
13

14 Services with required telework documentation. Within thirty (30)
14

15 days of receipt, the Office of Management and Enterprise Services
15

16 shall provide notice of transaction approval or disapproval to the
16

17 state agency.
17

18  D. The provisions of this section shall not apply to the lease

18

19 of office space or real property subject to supervision of the
19

20 Commissioners of the Land Office or district boards of education.
20

21  E. 1. The Office of Management and Enterprise Services shall

21

22 maintain a comprehensive inventory of state-owned real property and
22

23 its use excluding property of the public schools and property
23

24 subject to the jurisdiction of the Commissioners of the Land Office.
24

    Req. No. 2824  Page 11
1   2. Each state agency shall, within thirty (30) days of the

1

2 closing date for lands newly acquired, provide to the Office of
2

3 Management and Enterprise Services a list of records, deeds,
3

4 abstracts and other title instruments showing the description of and
4

5 relating to any and all such lands or interests therein.
5

6   3. The provisions of paragraph 2 of this subsection shall apply

6

7 to all lands of public trusts having a state agency as the primary
7

8 beneficiary, but shall not apply to lands of municipalities,
8

9 counties, school districts, or agencies thereof, or Department of
9

10 Transportation rights-of-way.
10

11  4. A state agency that sells or otherwise disposes of land

11

12 shall notify the Office of Management and Enterprise Services within
12

13 thirty (30) days of the disposition closing date.
13

14  F. This section shall not be construed to authorize any state

14

15 agency, not otherwise authorized by law, to sell, lease, or
15

16 otherwise dispose of any real property owned by the state.
16

17  G. The Office of Management and Enterprise Services and the

17

18 Secretary of the Commissioners of the Land Office, or designee, as
18

19 provided in subsection L of this section may provide services to
19

20 sell, transfer, trade or purchase real property for other state
20

21 agencies.
21

22  H. The Director of the Office of Management and Enterprise

22

23 Services shall, pursuant to the Administrative Procedures Act,
23

24

24

    Req. No. 2824                                           Page 12
1 promulgate rules to effect procedures necessary to the fulfillment
1

2 of its responsibilities under this section.
2

3   I. The Oklahoma Ordnance Works Authority and its lands, and the

3

4 Northeast Oklahoma Public Facilities Authority, the Oklahoma
4

5 Historical Society, the Oklahoma Department of Transportation, the
5

6 Oklahoma Turnpike Authority and the Department of Wildlife managed
6

7 lands shall be exempt from the application of this section. The
7

8 Grand River Dam Authority and its lands shall be exempt from the
8

9 application of this section for any real property disposed of prior
9

10 to November 1, 2006.
10

11  J. Unless otherwise provided for by law, the procedures

11

12 established pursuant to this section for the sale or exchange of
12

13 real estate or personal property as authorized pursuant to Sections
13

14 2222 and 2223 of Title 74 of the Oklahoma Statutes shall be followed
14

15 unless the sale is to an entity of state government.
15

16  K. The Director of the Office of Management and Enterprise

16

17 Services shall contract with experts, professionals or consultants
17

18 as necessary to perform the duties of the Office of Management and
18

19 Enterprise Services. Selections shall be made using the
19

20 qualifications-based procedures established in Section 62 of this
20

21 title and the rules promulgated by the Director for the selection of
21

22 construction managers and design consultants.
22

23  L. 1. No state agency shall sell, lease, exchange, or

23

24 otherwise dispose of such real property subject to its jurisdiction,
24

    Req. No. 2824                                           Page 13
1 or lease, purchase or otherwise acquire real property subject to its
1

2 jurisdiction, until such agency or the Office of Management and
2

3 Enterprise Services acting on the agency's behalf has presented to
3

4 the Secretary of the Commissioners of the Land Office, or designee,
4

5 all information collected pursuant to subparagraph a of paragraph 2
5

6 of subsection B of this section, and provided the Secretary of the
6

7 Commissioners of the Land Office or designee a twenty-calendar-day
7

8 period to provide a proposal for the acquisition or disposal of
8

9 applicable real property.
9

10  2. The Secretary of the Commissioners of the Land Office or

10

11 designee may decline to provide such a proposal; provided such
11

12 notice of decline is communicated to the Office of Management and
12

13 Enterprise Services in written or electronic form. Upon the
13

14 reception of such notice of decline by the Office of Management and
14

15 Enterprise Services, the twenty-calendar-day period otherwise
15

16 required by this subsection shall be deemed to have expired.
16

17  SECTION 6.     AMENDATORY   62 O.S. 2021, Section 900, is

17

18 amended to read as follows:
18

19  Section 900. Sections 1 901 and 2 901.1 of this act title and

19

20 Section 188B of Title 73 of the Oklahoma Statutes shall be known and
20

21 may be cited as the "State Capital Improvement Planning Act".
21

22  SECTION 7.     AMENDATORY   62 O.S. 2021, Section 901, as

22

23 amended by Section 1, Chapter 439, O.S.L. 2025 (62 O.S. Supp. 2025,
23

24 Section 901), is amended to read as follows:
24

    Req. No. 2824                                Page 14
1   Section 901. A. There is hereby created a Long-Range Capital

1

2 Planning Commission to advise and assist the Legislature in
2

3 providing for real property capital facility needs for this state.
3

4 The Commission shall consist of nine (9) members as follows:
4

5   1. Three members appointed by the President Pro Tempore of the

5

6 Senate;
6

7   2. Three members appointed by the Speaker of the House of

7

8 Representatives; and
8

9   3. Three members appointed by the Governor.

9

10  All appointees shall be from the public at large. Within thirty

10

11 (30) days of July 1, 2013, the appointing authorities shall appoint
11

12 new members to the Commission; provided, a member serving on July 1,
12

13 2013, may be reappointed if he or she is otherwise qualified. Of
13

14 the members initially appointed by each appointing authority after
14

15 July 1, 2013, one shall be appointed for a one-year term, one shall
15

16 be appointed for a two-year term and one shall be appointed for a
16

17 three-year term. Thereafter, their successors shall be appointed
17

18 for four-year terms. Any vacancy shall be filled for the remainder
18

19 of the unexpired term in the same manner as the original
19

20 appointment. The appointing authorities shall appoint members who
20

21 possess knowledge, skills and abilities to perform the duties of the
21

22 Commission. No member of the Commission shall be interested,
22

23 directly or indirectly, in any contract entered into for a project
23

24 approved by the Commission during the period of service of the
24

    Req. No. 2824                                            Page 15
1 member, nor shall any person be appointed as a member of the
1

2 Commission if such person is interested, directly or indirectly, in
2

3 a contract entered into for a project approved prior to the
3

4 appointment. An indirect interest shall include, but not be limited
4

5 to, an interest of an immediate family member of the member of the
5

6 Commission or a business with which the member of the Commission is
6

7 associated.
7

8   B. A chair of the Commission shall be elected from its

8

9 membership. Five members of the Commission shall constitute a
9

10 quorum. Members of the Commission shall serve without compensation,
10

11 but shall be entitled to reimbursement, pursuant to the State Travel
11

12 Reimbursement Act, for expenses incurred in the performance of their
12

13 duties.
13

14  C. Initial appointments to the Commission shall be made within

14

15 thirty (30) days of May 28, 1992.
15

16  D. The Commission shall have the authority to promulgate rules

16

17 and regulations necessary to implement the provisions of the State
17

18 Capital Improvement Planning Act.
18

19  E. The Office of Management and Enterprise Services, with the

19

20 advice and assistance of the Deputy Treasurer for Debt Management
20

21 and the Oklahoma Capitol Improvement Authority, shall provide
21

22 staffing for the Commission and other such assistance as the
22

23 Commission may require.
23

24

24

    Req. No. 2824                     Page 16
1   F. 1. The Commission shall prepare each year an annual capital

1

2 plan budget and a state capital plan for addressing state capital
2

3 facility needs for the next ensuing eight (8) years The Commission
3

4 shall develop and adopt the following five-year plans to provide for
4

5 allocations and expenditures of the Oklahoma Capital Assets
5

6 Maintenance and Protection Fund (OCAMP Fund) as follows:
6

7   a. the OCAMP Higher Education Five-year Plan, for the

7

8                  maintaining and repairing of state-owned properties

8

9                  and for addressing facility needs of public

9

10                 institutions of higher learning,

10

11  b. the OCAMP Tourism and Recreation Five-year Plan, for

11

12                 the maintaining and repairing of properties and for

12

13                 addressing facility needs of state parks operated by

13

14                 the Oklahoma Tourism and Recreation Department, and

14

15  c. the OCAMP State Five-year Plan, for the maintaining

15

16                 and repairing of all state-owned properties and for

16

17                 addressing facility needs of the state.

17

18  2. The Oklahoma State Regents for Higher Education and each

18

19 state governmental entity as defined in Section 695.3 of this title
19

20 shall cooperate with the Commission in the preparation of the state
20

21 plan five-year plans. Each year, on or about December 1, the plan
21

22 shall be submitted to the Governor, Speaker of the House of
22

23 Representatives and President Pro Tempore of the Senate. The Long-
23

24

24

    Req. No. 2824                                               Page 17
1 Range Capital Planning Commission shall annually update the eight-
1

2 year plan.
2

3   3. The Commission shall update each five-year plan no less

3

4 often than biennially. Upon the adoption of such plans and upon
4

5 each update to such plans, a report detailing such plans shall be
5

6 electronically submitted to the Governor, the President Pro Tempore
6

7 of the Senate, and the Speaker of the House of Representatives.
7

8   4. The Office of Management and Enterprise Services shall

8

9 perform routine services to support the eight-year plan five-year
9

10 plans, including, but not limited to, agency-level planning, real
10

11 estate services, construction services and facility operations as
11

12 provided by law.
12

13  5. For fiscal year 2029, the Commission shall allocate Oklahoma

13

14 Capital Assets Maintenance and Protection Fund monies received to
14

15 such five-year plans in the following proportions:
15

16  a. the OCAMP Higher Education Five-year Plan shall be

16

17                 allocated forty-five percent (45%) of such monies for

17

18                 the following:

18

19                 (1) twenty percent (20%) of those monies allocated

19

20                   shall be for four-year colleges and universities

20

21                   receiving a Research Colleges and Universities

21

22                   designation from the Carnegie Classification of

22

23                   Institutions of Higher Education to be further

23

24                   allocated as follows:

24

    Req. No. 2824                                      Page 18
1                  (a) fifty percent (50%) for those colleges and

1

2                  universities defined as a historically black

2

3                  college or university pursuant to the

3

4                  federal Higher Education Act of 1965, as

4

5                  amended, and

5

6                  (b) fifty percent (50%) of those monies

6

7                  allocated shall be for other colleges and

7

8                  universities,

8

9                  (2) thirty-five percent (35%) of those monies

9

10                 allocated shall be for two-year institutions of

10

11                 higher education within The Oklahoma State System

11

12                 of Higher Education, and

12

13                 (3) forty-five percent (45%) of those monies

13

14                 allocated shall be for all four-year colleges and

14

15                 universities except four-year colleges and

15

16                 universities receiving a Research Colleges and

16

17                 Universities designation from the Carnegie

17

18                 Classification of Institutions of Higher

18

19                 Education,

19

20  b. the OCAMP Tourism and Recreation Five-year Plan shall

20

21                 be allocated ten percent (10%) of such monies, and

21

22  c. the OCAMP State Five-year Plan shall be allocated

22

23                 forty-five percent (45%) of such monies.

23

24

24

    Req. No. 2824                                            Page 19
1   2. 6. In addition to the requirements set forth in Section

1

2 901.1 of this title, the capital plan five-year plans should:
2

3   a. supplement and integrate, not replace, existing

3

4                  capital planning processes,

4

5   b. assess long-term needs for capital facilities to

5

6                  support state government needs as determined by the

6

7                  Commission,

7

8   c. review and assess the inventory of capital facilities

8

9                  held by the state, and make recommendations on

9

10                 reallocation, reuse or liquidation of properties for

10

11                 incorporation into the annual capital plan five-year

11

12                 plans,

12

13  d. include a projection of economic and demographic

13

14                 trends likely to influence the needs of state

14

15                 government during the eight-year five-year period,

15

16  e. address agency strategic facility plans for new,

16

17                 improved, renovated, or expanded capital facilities or

17

18                 facilities that should be reallocated or liquidated,

18

19  f. include estimates of life cycle costs for new and

19

20                 substantially expanded or renovated facilities,

20

21  g. evaluate the effectiveness of planning processes at

21

22                 the agency level to account for all capital facility

22

23                 costs for incorporation into the annual capital budget

23

24                 five-year plans,

24

    Req. No. 2824                               Page 20
1   h. account for projections of debt service and revenues

1

2                  available from general obligation bonds and other

2

3                  sources, including, but not limited to, the

3

4                  Maintenance of State Buildings Revolving Fund Oklahoma

4

5                  Capital Assets Maintenance and Protection Fund,

5

6   i. analyze the capacity of the state to incur debt or

6

7                  finance public capital facilities,

7

8   j. include a comprehensive listing of all capital

8

9                  expenditures of the state which the Commission

9

10                 recommends be undertaken or continued for any state

10

11                 agency in the next two (2) fiscal years, together with

11

12                 information as to the effect of such capital projects

12

13                 on future operating expenses of the state, and with

13

14                 recommendations as to the priority of such capital

14

15                 projects and the means of funding them,

15

16  k. forecast the requirements for capital projects of

16

17                 state agencies for the eight-year five-year period and

17

18                 for such additional periods, if any, as may be

18

19                 necessary or desirable for adequate presentation of

19

20                 particular capital projects, and include a schedule

20

21                 for the planning and implementation or construction of

21

22                 such capital projects,

22

23  l. set forth a proposed itemized budget for the next

23

24                 fiscal year two (2) fiscal years of recommended

24

    Req. No. 2824                                               Page 21
1                  capital expenditures inclusive of all funding sources,

1

2                  for each agency, including facility rent and lease

2

3                  payments, energy and utility expenditures, operations

3

4                  and maintenance, capital improvements and capital

4

5                  development projects as necessary to optimize and

5

6                  preserve the state's capital assets,

6

7   m. include the findings of the Oklahoma State Government

7

8                  Asset Reduction and Cost Savings Program and the

8

9                  indexing of the most necessary capital improvements to

9

10                 the expenditure of funds from the Maintenance of State

10

11                 Buildings Revolving Fund Oklahoma Capital Assets

11

12                 Maintenance and Protection Fund, and

12

13  n. include such other information as the Commission deems

13

14                 relevant to its duties, and

14

15  o. include findings of the Oklahoma State Government

15

16                 Asset Reduction and Cost Savings Program and the

16

17                 indexing of the most necessary capital improvements to

17

18                 the expenditure of funds from the Maintenance of State

18

19                 Buildings Revolving Fund.

19

20  G. The capital plan budget five-year plans shall include, for

20

21 each expenditure and class of expenditures, the capital facility
21

22 costs to be incurred during the next ensuing fiscal year two (2)
22

23 fiscal years, inclusive of the annual operating and maintenance
23

24 costs of such facilities and a schedule of depreciation calculated
24

    Req. No. 2824                                        Page 22
1 in accordance with the principles and standards of capital budgeting
1

2 authorized by subsection H of this section.
2

3   H. The Commission, with the assistance of the Office of

3

4 Management and Enterprise Services, shall prepare and publish rules
4

5 and regulations that set forth principles and standards for capital
5

6 planning and budgeting to be used by state agencies. The rules and
6

7 regulations shall set forth definitions of relevant terms to be used
7

8 in the capital planning and budgeting processes, establish
8

9 accounting standards, and establish standards for costs and benefits
9

10 of public facility investments.
10

11  I. 1. The Commission, the Office of Management and Enterprise

11

12 Services, and the Deputy Treasurer for Debt Management may request
12

13 the assistance of such personnel of any state agency in order to
13

14 perform their duties pursuant to the State Capital Improvement
14

15 Planning Act and such agencies shall respond and provide any such
15

16 assistance as may be required. The Commission may use existing
16

17 studies, surveys, plans, data, and other materials in the possession
17

18 of any state agency. Each such agency shall make the same available
18

19 to the Commission so that the Commission may have available to it
19

20 current information with respect to the capital plans and programs
20

21 of each such agency.
21

22  2. The officers and personnel of any state agency may serve at

22

23 the request of the Commission upon such advisory committees as the
23

24 Commission may create and such officers and personnel may serve upon
24

    Req. No. 2824                                             Page 23
1 such committees without forfeiture of office or employment and with
1

2 no loss or diminution of the compensation, status, rights, and
2

3 privileges which they otherwise enjoy.
3

4   J. The Commission may direct the Oklahoma Capitol Improvement

4

5 Authority to allocate, budget, and expend, either directly or under
5

6 the terms of memoranda of understanding lawfully entered into with
6

7 other state entities, monies from the Oklahoma Capital Assets
7

8 Maintenance and Protection Fund on any project or item that has been
8

9 included in an applicable five-year plan authorized under the
9

10 provisions of the Oklahoma Capital Assets Maintenance and Protection
10

11 Act for no less than one (1) year.
11

12  K. This section shall not be applicable to the following or

12

13 their lands, properties, buildings, funds, or revenue:
13

14  1. The Oklahoma Ordnance Works Authority; and

14

15  2. The Commissioners of the Land Office.

15

16  K. The Commission shall develop plans, adopt authorizations,

16

17 and fulfill the duties required pursuant to Section 188A of Title 73
17

18 of the Oklahoma Statutes.
18

19  SECTION 8.     AMENDATORY   62 O.S. 2021, Section 901.1, is

19

20 amended to read as follows:
20

21  Section 901.1. A. The Long-Range Capital Planning Commission

21

22 shall electronically submit an itemized list of the proposed
22

23 projects set forth in its annual capital plan the five-year plans,
23

24 created pursuant to paragraph 1 of subsection F of Section 901 of
24

    Req. No. 2824                                          Page 24
1 this title, to the Governor, the President Pro Tempore of the
1

2 Senate, and the Speaker of the House of Representatives within the
2

3 first seven (7) legislative days of a regular legislative session
3

4 following each update required pursuant to paragraph 3 of subsection
4

5 F of Section 901 of this title. The list shall be in the order of
5

6 the priority of the projects as determined by the Commission. The
6

7 submission to such elected officials shall occur upon the same date
7

8 for purposes of computing the time within which action must be taken
8

9 as further prescribed by this subsection. The Legislature shall
9

10 have a period of forty-five (45) calendar days from the date on
10

11 which the list is submitted to pass a concurrent resolution
11

12 disapproving any or all of the proposed projects. If the
12

13 Legislature does not disapprove any proposed project by concurrent
13

14 resolution by the end of the forty-fifth day following the date upon
14

15 which the proposed issuance is submitted, the proposed projects
15

16 shall be deemed to have been approved by the Legislature.
16

17  B. Upon approval of all or any part of the list of proposed

17

18 projects required pursuant to subsection A of this section, the
18

19 Office of Management and Enterprise Services may expend funds in the
19

20 Maintenance of State Buildings Revolving Fund Oklahoma Capital
20

21 Assets Maintenance and Protection Fund for approved projects in the
21

22 order of priority set forth in its annual capital plan five-year
22

23 plans.
23

24

24

    Req. No. 2824                                             Page 25
1   C. In the event an emergency has been declared as provided for

1

2 in Section 130 of Title 61 of the Oklahoma Statutes, and as a result
2

3 thereof, repair or maintenance of a capital facility held by the
3

4 state is required, a state agency may submit a request to the
4

5 Director of the Office of Management and Enterprise Services to
5

6 substitute the emergency project for any other project or projects
6

7 of the state agency on the approved current fiscal year's Capital
7

8 Improvement Plan list required pursuant to subsection A of this
8

9 section, or to add the emergency project if the state agency does
9

10 not have any projects on the approved current fiscal year's Capital
10

11 Improvement Plan list; provided:
11

12  1. The Director determines that there are funds available in

12

13 the Maintenance of State Buildings Revolving Fund Oklahoma Capital
13

14 Assets Maintenance and Protection Fund to cover all or part of the
14

15 cost of the emergency project; and
15

16  2. The Director electronically submits information on the

16

17 emergency project and the cost thereof to the President Pro Tempore
17

18 of the Senate and the Speaker of the House of Representatives and
18

19 they approve the substitution within five (5) calendar days of such
19

20 submission.
20

21  D. The Director has authority to redirect funds within the

21

22 Maintenance of State Buildings Revolving Fund Oklahoma Capital
22

23 Assets Maintenance and Protection Fund for emergency projects
23

24

24

    Req. No. 2824                      Page 26
1 approved by the President Pro Tempore of the Senate and the Speaker
1

2 of the House of Representatives.
2

3   SECTION 9.     AMENDATORY       62 O.S. 2021, Section 908, as

3

4 amended by Section 1, Chapter 188, O.S.L. 2023 (62 O.S. Supp. 2025,
4

5 Section 908), is amended to read as follows:
5

6   Section 908. A. There is hereby established the Oklahoma State

6

7 Government Asset Reduction and Cost Savings Program.
7

8   B. No later than December 31 each year, the Director of the

8

9 Office of Management and Enterprise Services shall publish a
9

10 comprehensive report detailing state-owned properties.
10

11  C. The report mandated in accordance with the provisions of

11

12 this section shall list the five percent (5%) most underutilized
12

13 state-owned properties. The report shall describe the value of
13

14 properties falling within the description in this subsection, assess
14

15 the potential for purchase should the properties be offered for
15

16 sale, and describe the impact on local-level tax rolls in the event
16

17 the properties are purchased by a nongovernmental entity.
17

18  D. The Director of the Office of Management and Enterprise

18

19 Services shall promulgate rules establishing procedures by which
19

20 each state agency, board, commission, and public trust having the
20

21 state as a beneficiary, excluding those otherwise exempted under
21

22 Section 327 of Title 61 of the Oklahoma Statutes, shall submit the
22

23 necessary data to the Office of Management and Enterprise Services
23

24 for the development of this report.
24

    Req. No. 2824                                             Page 27
1   E. State agencies, boards, commissions, and public trusts

1

2 having the state as a beneficiary shall comply with procedures
2

3 promulgated pursuant to the terms of this section.
3

4   F. The report and data collected pursuant to this section shall

4

5 be published as a data feed on the data.ok.gov website.
5

6   G. In addition to the requirements of subsection C of this

6

7 section, the Office of Management and Enterprise Services may make
7

8 recommendations for the sale of other state-owned properties based
8

9 upon the value of the property and the potential for net gain for
9

10 the state based upon the data obtained for the Oklahoma State
10

11 Government Asset Reduction and Cost Savings Program.
11

12  H. There is hereby created the Maintenance of State Buildings

12

13 Revolving Fund. The fund shall be a continuing fund, not subject to
13

14 fiscal year limitations, and shall serve as the depository for
14

15 proceeds from the sale of state-owned properties pursuant to the
15

16 Oklahoma State Government Asset Reduction and Cost Savings Program.
16

17 The fund shall further consist of monies appropriated thereto and
17

18 other funds designated for deposit therein. All monies accruing to
18

19 the credit of the fund are hereby appropriated and may be expended
19

20 exclusively for maintaining and repairing state-owned properties and
20

21 buildings pursuant to the procedures set forth in Section 901.1 of
21

22 Title 62 of the Oklahoma Statutes and for acquisition of information
22

23 technology tools or resources that state agencies, boards,
23

24 commissions, and public trusts having the state as a beneficiary
24

    Req. No. 2824                                              Page 28
1 shall use in carrying out their obligations in accordance with this
1

2 act. The total expenditure for information technology resources
2

3 shall not exceed One Hundred Thousand Dollars ($100,000.00).
3

4 Expenditures from the fund shall be made upon warrants issued by the
4

5 State Treasurer against claims filed as prescribed by law with the
5

6 Director of the Office of Management and Enterprise Services for
6

7 approval and payment. Expenditures from the Maintenance of State
7

8 Buildings Revolving Fund shall be detailed in a data feed and made
8

9 available through the data.ok.gov web portal.
9

10  I. The Director of the Office of Management and Enterprise

10

11 Services shall notify entities found by the Office of Management and
11

12 Enterprise Services to be out of compliance with the reporting
12

13 provisions of this section in writing.
13

14  J. I. This section shall not be applicable to the following or

14

15 their lands, properties, buildings, funds, or revenue:
15

16  1. The Oklahoma Ordnance Works Authority;

16

17  2. The Commissioners of the Land Office; and

17

18  3. Institutions comprising The Oklahoma State System of Higher

18

19 Education, except as to the data reporting requirements in this
19

20 section.
20

21  K. J. The report required in subsection B of this section shall

21

22 include an indication of whether a property is owned by the Oklahoma
22

23 Historical Society, is listed on the National Register of Historic
23

24 Places or with the National Trust for Historic Preservation, or is
24

    Req. No. 2824                                          Page 29
1 potentially of historical significance. The Office of Management
1

2 and Enterprise Services shall notify the Oklahoma Historical Society
2

3 and obtain its approval prior to the sale of any such property.
3

4  SECTION 10.    AMENDATORY  Section 2, Chapter 441, O.S.L.

4

5 2024, as amended by Section 3, Chapter 439, O.S.L. 2025 (73 O.S.
5

6 Supp. 2025, Section 188B), is amended to read as follows:
6

7  Section 188B. A. There is hereby created in the State Treasury

7

8 a revolving fund for the Oklahoma Capitol Improvement Authority to
8

9 be designated the "Oklahoma Capital Assets Maintenance and
9

10 Protection Fund" (OCAMP Fund). The fund shall be a continuing fund,
10

11 not subject to fiscal year limitations, and shall consist of all
11

12 monies received by the Oklahoma Capitol Improvement Authority
12

13 eligible under law and directed for deposit to the fund and proceeds
13

14 from the sale of state-owned properties pursuant to the Oklahoma
14

15 State Government Asset Reduction and Cost Savings Program. All
15

16 monies accruing to the credit of the fund are hereby appropriated
16

17 and, except for the transfer required pursuant to Enrolled Senate
17

18 Bill No. 1125 of the 2nd Session of the 59th Oklahoma Legislature,
18

19 may be allocated, budgeted, and expended by the Oklahoma Capitol
19

20 Improvement Authority as directed by the Long-Range Capital Planning
20

21 Commission. Such allocations, budgeting, and expenditures shall
21

22 strictly adhere to the specific terms, limitations, purposes, and
22

23 requirements described in the directive adopted by the Commission.
23

24 Expenditures from the fund shall be made upon warrants issued by the
24

   Req. No. 2824                                              Page 30
1 State Treasurer against claims filed as prescribed by law with the
1

2 Director of the Office of Management and Enterprise Services for
2

3 approval and payment.
3

4       B. The Oklahoma Capitol Improvement Authority shall be

4

5 authorized to enter into memoranda of understanding with agencies,
5

6 departments, and subdivisions of the state as provided by law and as
6

7 deemed necessary by the Authority to administer expenditures from
7

8 and allocations and deposits to and from the Oklahoma Capital Assets
8

9 Maintenance and Protection Fund, provided that such memoranda of
9

10 understanding do not conflict with or impede the administration of
10

11 capital projects specifically authorized by law or directed by the
11

12 Commission. Such memoranda of understanding shall not constitute a
12

13 legal obligation of this state.
13

14      C. Limited to the extent required for projects specifically

14

15 authorized under the provisions of the Oklahoma Capital Assets
15

16 Maintenance and Protection Act State Capital Improvement Planning
16

17 Act, the Oklahoma Capitol Improvement Authority shall be authorized
17

18 to:
18

19      1. Acquire real property together with improvements located

19

20 thereon and personal property;
20

21      2. Provide for the construction of improvements to real

21

22 property and to provide funding for repairs, refurbishments,
22

23 deferred maintenance, and improvements to real and personal
23

24 property;
24

    Req. No. 2824                   Page 31
1   3. Hold title to property and improvements as necessary to

1

2 comply with legal directives and authorizations; and
2

3   4. Lease, transfer, and otherwise legally dispose of property

3

4 and improvements as necessary to comply with legal directives and
4

5 authorizations.
5

6   D. No later than January 15 annually, the Oklahoma Capitol

6

7 Improvement Authority shall submit electronically to the Governor,
7

8 the President Pro Tempore of the Senate, the Speaker of the House of
8

9 Representatives, the Chair of the Appropriations Committee of the
9

10 Senate, and the Chair of the Appropriations and Budget Committee of
10

11 the House of Representatives a report detailing impacts to the
11

12 balance of the Oklahoma Capital Assets Maintenance and Protection
12

13 Fund occurring in the prior calendar year, including, but not
13

14 limited to, all distributions, expenditures, collections, and
14

15 deposits of the Oklahoma Capital Assets Maintenance and Protection
15

16 Fund.
16

17  E. Notwithstanding any provision of law to the contrary, all

17

18 interest and income derived from deposits to the OCAMP Fund shall be
18

19 credited to the OCAMP Fund.
19

20  SECTION 11.    AMENDATORY   74 O.S. 2021, Section 61.8, as

20

21 amended by Section 1, Chapter 194, O.S.L. 2025 (74 O.S. Supp. 2025,
21

22 Section 61.8), is amended to read as follows:
22

23  Section 61.8. A. The Long-Range Capital Planning Commission

23

24 shall work to decrease the amount of property owned by Oklahoma
24

    Req. No. 2824                                       Page 32
1 state government, return state-owned property to private sector
1

2 ownership, better maintain and utilize the state's needed capital
2

3 assets, and, whenever possible, eliminate the practice of state
3

4 agencies leasing real property not owned by the state.
4

5   B. Each year, the Director of the Office of Management and

5

6 Enterprise Services, at the direction of the Long-Range Capital
6

7 Planning Commission, shall take action to approve the privatization
7

8 of state-owned real property as identified pursuant to the Oklahoma
8

9 State Government Asset Reduction and Cost Savings Program. Proceeds
9

10 from the liquidation of real properties shall be deposited into the
10

11 Maintenance of State Buildings Revolving Fund Oklahoma Capital
11

12 Assets Maintenance and Protection Fund.
12

13  C. Prior to entering into or renewing a lease for real

13

14 property, each state agency, board, commission, and public trust
14

15 having the state as a beneficiary shall receive approval for
15

16 entering into the lease from the Office of Management and Enterprise
16

17 Services.
17

18  D. Prior to making a purchase of real property or constructing

18

19 a building, each state agency, board, commission, and public trust
19

20 having the state as a beneficiary shall receive approval for the
20

21 purchase or construction from the Director of the Office of
21

22 Management and Enterprise Services; provided, if such purchase or
22

23 construction is deemed by the Director of the Office of Management
23

24 and Enterprise Services to be within the authority of the Long-Range
24

    Req. No. 2824                                         Page 33
1 Capital Planning Commission, the Director shall not approve the
1

2 purchase or construction and shall refer the request to the
2

3 Commission for action.
3

4   E. Prior to approval or referral pursuant to subsection C or D

4

5 of this section, the Office of Management and Enterprise Services
5

6 shall determine if the applicant entity can utilize already existing
6

7 state-owned real property as an alternative to leasing non-state-
7

8 owned real property or purchasing or constructing new real property.
8

9 If such existing state-owned real property is owned by the Oklahoma
9

10 Historical Society, is listed on the National Register of Historic
10

11 Places or with the National Trust for Historic Preservation, or is
11

12 potentially of historical significance, the Office of Management and
12

13 Enterprise Services shall notify the Oklahoma Historical Society and
13

14 obtain its approval prior to approving an application for its reuse.
14

15  F. No state agency, board, commission, or public trust having

15

16 the state as its beneficiary shall transfer any real property owned
16

17 by the agency, board, commission, or trust to any other state
17

18 agency, board, commission, state beneficiary trust, or any public or
18

19 private entity unless the transfer is first approved by the Long-
19

20 Range Capital Planning Commission. Any transfer made without the
20

21 prior approval of the Long-Range Capital Planning Commission as
21

22 required by this subsection may be reversed by the Long-Range
22

23 Capital Planning Commission and if a transfer is reversed the
23

24 agency, board, commission, state beneficiary trust, or other state
24

    Req. No. 2824         Page 34
1 government entity to which the real property has been impermissibly
1

2 transferred shall take such actions to convey the subject property
2

3 to the entity from which the asset was acquired not later than
3

4 thirty (30) days from the date an order for such transfer is entered
4

5 by the Long-Range Capital Planning Commission. The Commission shall
5

6 not approve any transfer unless proceeds from the sale shall be
6

7 deposited within the Maintenance of State Buildings Revolving Fund
7

8 as established by Section 908 of Title 62 of the Oklahoma Statutes
8

9 Oklahoma Capital Assets Maintenance and Protection Fund.
9

10  G. By February 1 of each year, the Office of Management and

10

11 Enterprise Services shall publish a report for the preceding
11

12 calendar year listing the parcels of previously state-owned property
12

13 sold, detailing the reduction in the amount of space leased by the
13

14 state, describing the source of funds and expenditures from the
14

15 Maintenance of State Buildings Revolving Fund, and showing the
15

16 manner in which deferred maintenance needs are being met. The
16

17 report shall be electronically provided to the Governor, Speaker of
17

18 the House of Representatives, and President Pro Tempore of the
18

19 Senate and placed on the documents.ok.gov web portal.
19

20  H. This section shall not be applicable to the following or

20

21 their lands, properties, buildings, funds, or revenue:
21

22  1. The Oklahoma Ordnance Works Authority;

22

23  2. The Commissioners of the Land Office;

23

24  3. The Department of Transportation;

24

    Req. No. 2824                                           Page 35
1   4. The Oklahoma Turnpike Authority; and

1

2   5. The Grand River Dam Authority.

2

3   I. The Director of the Office of Management and Enterprise

3

4 Services may make recommendations to the Long-Range Capital Planning
4

5 Commission for liquidation of underutilized properties that have
5

6 environmental issues, create a liability for the state, or create
6

7 expenses that make the continued ownership of the underutilized
7

8 property undesirable and the property has been offered through two
8

9 public auctions or sealed bids and no viable bids were received. If
9

10 the Long-Range Capital Planning Commission approves the liquidation
10

11 of the property, the Office of Management and Enterprise Services
11

12 may accept a bid of less than ninety percent (90%) of the appraised
12

13 value in accordance with Section 327 of Title 61 of the Oklahoma
13

14 Statutes.
14

15  SECTION 12.      NEW LAW  A new section of law not to be

15

16 codified in the Oklahoma Statutes reads as follows:
16

17  Upon the effective date of this act, any remaining, unencumbered

17

18 balance in the Maintenance of State Buildings Revolving Fund shall
18

19 be transferred to the Oklahoma Capital Assets Maintenance and
19

20 Protection Fund.
20

21  SECTION 13.      RECODIFICATION    Section 2, Chapter 441,

21

22 O.S.L. 2024, as amended by Section 3, Chapter 439, O.S.L. 2025 (73
22

23 O.S. Supp. 2025, Section 188B), and as amended by Section 10 of this
23

24 act, shall be recodified as Section 901.2 of Title 62 of the
24

    Req. No. 2824                                       Page 36
1 Oklahoma Statutes, unless there is created a duplication in
1

2 numbering.
2

3   SECTION 14.    REPEALER  Section 3, Chapter 441, O.S.L.

3

4 2024, as amended by Section 2, Chapter 439, O.S.L. 2025 (73 O.S.
4

5 Supp. 2025, Section 188A), is hereby repealed.
5

6   SECTION 15. This act shall become effective July 1, 2026.

6

7   SECTION 16. It being immediately necessary for the preservation

7

8 of the public peace, health or safety, an emergency is hereby
8

9 declared to exist, by reason whereof this act shall take effect and
9

10 be in full force from and after its passage and approval.
10

11

11

12  60-2-2824      QD        1/15/2026 9:39:46 AM

12

13

13

14

14

15

15

16

16

17

17

18

18

19

19

20

20

21

21

22

22

23

23

24

24

    Req. No. 2824                                             Page 37
Every fact on this page links to its source, starting with the official bill record.