§ 43. State construction, remodeling or other capital improvements--Amount of indebtedness--Pay...
Oklahoma Statutes AnnotatedConstitution of the State of Oklahoma [Annotated]
OK Const. Art. 10, § 43
§ 43. State construction, remodeling or other capital improvements--Amount of indebtedness--Payment and discharge of debt--Issuance of bonds
The State of Oklahoma may become indebted in an amount not to exceed Three Hundred Fifty Million Dollars ($350,000,000.00) pursuant to the provisions of Enrolled House Bill No. 2428 of the 2nd Session of the 43rd Oklahoma Legislature and any amendments thereto for the purpose of constructing new buildings, remodeling, modernizing and repairing any and all existing buildings and providing other capital improvements and for the purchase of land, equipment and furnishings necessary for such new construction, remodeling or other capital improvements, including any costs of issuance associated with the indebtedness, for the following departments of state government in the amounts and for the purposes indicated as follows:
1. | Oklahoma State Regents for Higher Education for expenditure as follows: |
a. | University of Oklahoma - Norman Campus | $22,731,000.00 | |
b. | University of Oklahoma - Health Sciences Center | $22,400,000.00 | |
c. | Oklahoma State University - Stillwater Campus | $22,328,000.00 | |
d. | Oklahoma State University - Agriculture Experiment Station | $ 4,000,000.00 | |
e. | Oklahoma State University - Veterinary Medicine | $ 5,075,000.00 | |
f. | Oklahoma State University - Technical Branch - Okmulgee | $ 4,118,000.00 | |
g. | Oklahoma State University - Technical Branch - Oklahoma City | $ 3,868,000.00 | |
h. | Oklahoma State University - College of Osteopathic Medicine | $ 3,750,400.00 | |
i. | University of Central Oklahoma | $ 7,765,106.00 | |
j. | East Central University | $ 5,869,000.00 | |
k. | Northeastern State University | $ 8,813,400.00 | |
l. | Northwestern Oklahoma State University | $ 2,860,000.00 | |
m. | Southeastern Oklahoma State University | $ 5,586,900.00 | |
n. | Southwestern Oklahoma State University - Weatherford Campus | $ 6,297,500.00 | |
o. | Southwestern Oklahoma State University - Sayre Campus | $ 300,000.00 | |
p. | Cameron University | $10,200,000.00 | |
q. | Langston University | $ 2,842,500.00 | |
r. | Oklahoma Panhandle State University | $ 2,016,500.00 | |
s. | University of Science and Arts of Oklahoma | $ 3,104,376.00 | |
t. | University Center at Tulsa | $15,000,000.00 | |
u. | Carl Albert State College | $ 3,021,000.00 | |
v. | Connors State College | $ 2,055,100.00 | |
w. | Eastern Oklahoma State College | $ 2,007,600.00 | |
x. | Murray State College | $ 2,045,000.00 | |
y. | Northeastern Oklahoma Agricultural and Mechanical College | $ 2,410,400.00 | |
z. | Northern Oklahoma College | $ 1,206,500.00 | |
aa. | Oklahoma City Community College | $ 6,152,100.00 | |
bb. | Redlands Community College | $ 2,003,900.00 | |
cc. | Rogers State College | $ 5,035,100.00 | |
dd. | Rose State College | $ 6,158,600.00 | |
ee. | Seminole Junior College | $ 2,125,924.00 | |
ff. | Tulsa Junior College | $22,333,800.00 | |
gg. | Western Oklahoma State College | $ 2,500,000.00 | |
hh. | Enid Higher Education Program | $ 619,123.00 | |
ii. | Enid Higher Education Program - this allocation is contingent upon a $2,200,000.00 match by the local community | $ 1,980,877.00 | |
jj. | Ardmore Higher Education Program | $ 619,123.00 | |
kk. | Muskogee Higher Education Program | $ 619,123.00 | |
ll. | Idabel Higher Education Program | $ 619,123.00 | |
mm. | Tulsa Medical Center debt retirement | $ 6,600,000.00 | |
nn. | Food Processing Research Center - Stillwater | $14,000,000.00 | |
oo. | Natural History Museum - Norman | $15,000,000.00 |
2. | State Department of Vocational and Technical Education for expenditure as follows: |
a. | Instructional equipment for area schools, including inmate training facilities | $ 2,300,000.00 | |
b. | Mid-Del Vo-Tech | $ 200,000.00 | |
c. | Okmulgee County AVTS | $ 3,200,000.00 | |
d. | Southwest AVTS | $ 1,500,000.00 | |
e. | Wes Watkins AVTS | $ 1,000,000.00 | |
f. | Western Oklahoma AVTS | $ 2,000,000.00 |
3. | Oklahoma Water Resources Board | $ 5,700,000.00 |
4. | Oklahoma Tourism and Recreation Department for the following purposes: roads, park improvements, sewage treatment, facility rehab, equipment, trails, park visitor centers, tourism information centers, Will Rogers Museum and other museums, Oklahoma Jazz Hall of Fame and Quartz Mountain Arts and Conference Center | $18,000,000.00 |
5. | Oklahoma Historical Society | $ 1,700,000.00 |
6. | Department of Human Services | $ 5,300,000.00 |
7. | Department of Corrections for the following purposes: drug offender work camps and meat processing facility at Jackie Brannon | $ 6,500,000.00 |
8. | State Department of Health | $ 7,500,000.00 |
9. | State Department of Agriculture for purposes of dry fire hydrants and rural fire equipment | $ 1,000,000.00 |
10. | Department of Central Services | $ 4,300,000.00 |
11. | Oklahoma Military Department | $ 800,000.00 |
12. | Oklahoma School of Science and Mathematics. Said amount shall not be used for purposes of subsection D of Section 168.3 of Title 73 of the Oklahoma Statutes | $ 4,500,000.00 |
13. | Office of State Finance for expenditure for telecommunications as recommended by the State Data Processing and Telecommunications Advisory Committee | $14,000,000.00 |
14. | Oklahoma Department of Libraries for expenditure for matching grant program for handicapped access | $ 500,000.00 |
15. | Oklahoma Department of Veterans Affairs for the following purposes: New facility at Norman, computer programming-mapper system, and improvements at the facilities at Ardmore, Sulphur, Talihina, Clinton, Claremore and Okmulgee | $16,432,500.00 |
16. | Department of Mental Health and Substance Abuse Services | $ 6,400,000.00 |
If the full amount of funding for any project specified in this section is not necessary for provision of such project, any remaining available funds shall be allocated as provided for by law.
The payment and discharge of the principal of such debt, together with principal and interest on such indebtedness, shall be paid from one or more of the following sources of state income as follows:
The bonds evidencing the indebtedness herein authorized may be issued by the Oklahoma Building Bonds Commission, the members of which shall be appointed by the Governor, the Speaker of the House of Representatives and the President Pro Tempore of the State Senate as provided for by law and may be issued in one or more series, for a term or terms not to exceed thirty (30) years from their date, and may contain any and all provisions which the Oklahoma State Legislature may deem necessary or expedient to make such bonds marketable as general obligations of the State of Oklahoma with the full faith and credit of the state pledged thereto.
The provisions of this section shall not become effective if Enrolled House Bill No. 2074 of the 2nd Session of the 43rd Oklahoma Legislature1 is not approved by the people of this state.
Credits
Added by State Question No. 649, Legislative Referendum No. 293, adopted at election held on Nov. 3, 1992.
Footnotes
O.S.L.1992, c. 328, designated as State Question No. 650, Legislative Referendum No. 294, adopted at election held Nov. 3, 1992.
OK Const. Art. 10, § 43, OK CONST Art. 10, § 43
Current with amendments approved through June 30, 2020.
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