OKLAHOMA CITY – Today, the Oklahoma House of Representatives
approved Senate amendments and gave final passage of House Speaker T.W.
Shannon’s Pay-As-You-Go Infrastructure Plan.
“Oklahoma has neglected its infrastructure needs for too
long,” said Speaker Shannon, R-Lawton. “Now, Oklahoma has a method to repair and
maintain the people’s structures, like our crumbling state Capitol and other
projects, without incurring unnecessary bond debt. We have a responsibility as
legislators to be good stewards without borrowing against our children’s
future.”
House Bill 1910 creates a pay-as-you-go infrastructure plan and reforms the Long-Range Capital Planning
Commission (LRCPC), which will first address
the repair of the state Capitol and later develop an 8-year plan to address the
state’s other maintenance issues. The LRCPC will take the lead in directing the
Office of Management and Enterprise Services to liquidate underused assets
identified by the Omnibus Asset Consolidation Act and will prioritize what
projects proceeds will go toward.
HB 1910 will now go to the desk of
Governor Fallin to be signed into law.
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