SB283

Oklahoma State System of Higher Education; expanding annual transaction limit of the master lease program. Effective date.

Complete·5/7/25

Oklahoma SB283 expands the annual transaction limit for the master lease program within the Oklahoma State System of Higher Education.

Oklahoma SB283 amends the Oklahoma State Finance Act to expand the annual transaction limit for the master lease program, allowing the Oklahoma State Regents for Higher Education to finance more real property projects. The bill updates statutory references and language to reflect these changes, ensuring the program aligns with the Oklahoma Constitution and state finance procedures. The effective date of these amendments is specified within the bill.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Sponsors

0
2
RR
Democratic CaucusRepublican Caucus

Roll Call Votes

84 Yea

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3 Nay

RRR

11 Absent

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History

May 7, 2025

Senate

Becomes law without Governor's signature 05/07/2025

Apr 30, 2025

Senate

Enrolled, to House

Apr 30, 2025

House

Signed, returned to Senate