Oklahoma Capitol Improvement Authority; public finance; investments; Legacy Capital Fund; effective date; emergency.

Summary

The bill establishes the Oklahoma Capitol Improvement Authority Fund, where bond proceeds are deposited and invested in safe securities. It gives the Authority broad powers to manage buildings, acquire property, enter contracts, and run a revolving Legacy Capital Financing Fund for capital projects, with repayments required over 20 years. The measure is declared an emergency.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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