§ 110.5. Jim Thorpe Repair Expenditure Oversight Committee
Oklahoma Statutes AnnotatedTitle 74. State GovernmentEffective: June 2, 2023
Effective: June 2, 2023
74 Okl.St.Ann. § 110.5
§ 110.5. Jim Thorpe Repair Expenditure Oversight Committee
A. There is hereby continued a Jim Thorpe Repair Expenditure Oversight Committee originally created in Section 382 of Title 73 of the Oklahoma Statutes. The authorized distributions from the Legacy Capital Financing Fund as described in Enrolled House Bill No. 1011 of the 1st Extraordinary Session of the 59th Oklahoma Legislature1 that are needed for repairs to the interior and exterior of the Jim Thorpe Office Building shall be subject to the approval of the Jim Thorpe Repair Expenditure Oversight Committee; provided, however, the expenditure of those proceeds shall be subject to a Request for Proposal process.
The Committee shall be composed of nine (9) members as follows:
3. Three legislators to be appointed by the President Pro Tempore of the Oklahoma State Senate, two of whom shall be members of the majority political party and one of whom shall be a member of the minority political party. Five members of the Committee shall constitute a quorum and the vote of five members shall be necessary for any action taken by the Committee. The Committee shall be staffed by employees of the Office of Management and Enterprise Services. The Committee shall be subject to the Oklahoma Open Meeting Act.2
E. Following delivery of the final plan, the Committee shall continue to oversee the expenditure of proceeds from the sale of obligations issued pursuant to the provisions of this section until completion of the renovation, repair, and remodeling of the Jim Thorpe Office Building. The Committee may also propose and approve amendments to the plan as it deems appropriate.
Credits
Laws 2023, 1st Ex.Sess., c. 24, § 1, emerg. eff. June 2, 2023.
74 Okl. St. Ann. § 110.5, OK ST T. 74 § 110.5
Current with legislation of the First Regular Session of the 59th Legislature (2023) and the First Extraordinary Session of the 59th Legislature (2023). Some sections may be more current, see credits for details.
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