Bill > HB1420

This bill amends Oklahoma state law to modify provisions related to state property management, specifically adding the Grand River Dam Authority to a list of entities exempt from certain property transfer and management requirements. The bill maintains the existing framework of the Long-Range Capital Planning Commission's efforts to decrease state-owned property, return properties to private ownership, and improve asset utilization. Key provisions include requiring state agencies to receive approval from the Office of Management and Enterprise Services before leasing, purchasing, or constructing real property, and mandating that the office first determine if existing state-owned properties can be utilized as alternatives. The bill preserves requirements for annual reporting on property sales, space reduction, and fund expenditures, and allows the Director of Management and Enterprise Services to recommend liquidation of underutilized properties with environmental issues or financial liabilities. The bill adds the Grand River Dam Authority to a list of entities (which already includes the Oklahoma Ordnance Works Authority, Commissioners of the Land Office, Oklahoma Department of Transportation, and Oklahoma Turnpike Authority) that are exempt from these property management regulations. The amendments will become effective on November 1, 2025.

Budget and Finance, Labor and Employment

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1420&Session=2600