SB 283
Oklahoma State System of Higher Education; expanding annual transaction limit of the master lease program. Effective date.
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill increases the annual transaction limit for the Oklahoma State System of Higher Education’s (OSSHE) master lease program. Currently, there’s a limit on how much can be spent through this lease program each year. This change would allow the OSSH to potentially borrow more money for capital projects and infrastructure improvements at Oklahoma’s public colleges and universities. The bill has been recommended for passage by the Revenue and Taxation Committee.
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