Oklahoma SB1952 establishes a bond debt ceiling for the Oklahoma Turnpike Authority.
Oklahoma SB1952 amends the Oklahoma Turnpike Authority's authority to issue turnpike revenue bonds, setting a debt ceiling of Four Billion Dollars ($4,000,000,000.00). The bill updates statutory language and references, and it becomes effective November 1, 2026. The Authority can issue bonds for turnpike projects, combining projects if beneficial, and may use various financial agreements to manage bond issuance.
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