STATE OF OKLAHOMA

1st Session of the 52nd Legislature (2009)

SENATE BILL 239	By:	Johnson (Mike) and Myers

AS INTRODUCED

An Act relating to the Oklahoma Capitol Improvement Authority; amending 73 O. S. 2001, Section 163, which relates to powers of the Oklahoma Capitol Improvement Authority; updating references; and declaring an emergency.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1.     AMENDATORY     73 O.S. 2001, Section 163, is amended to read as follows:
Section 163.  In order to prevent any defaults or threatened defaults in the payment of said bonds, the Oklahoma Capitol Improvement Authority is hereby authorized and empowered, in cooperation with the ~~Office of Public Affairs~~ Department of Central Services, to require state departments and agencies to be housed in a building and to pay rent for the use and occupancy of said building.  Rents paid by state departments and agencies and all other revenues received by the Authority shall be placed in the Oklahoma Capitol Improvement Authority Fund for the purpose of maintenance of said buildings and retiring said bonds.  When all bonds issued for the construction of any building constructed pursuant to Sections 151 through 214 of this title have been paid in full, the building shall become the property of the State of Oklahoma and shall thereafter be under the full and exclusive supervision of the ~~Office of Public Affairs~~ Department of Central Services.
SECTION 2.  It being immediately necessary for the preservation of the public peace, health and safety, an emergency is hereby declared to exist, by reason whereof this act shall take effect and be in full force from and after its passage and approval.

52-1-1254	JK	12/19/2008 1:50:33 PM