SB 957
Public finance; modifying investment procedures relating to local governments. Effective date.
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill changes how local governments in Oklahoma can invest their money. Currently, local governments have some flexibility in their investment options, but this bill aims to standardize those procedures and potentially increase oversight. It also establishes an effective date for the changes and includes an emergency clause, allowing it to take effect immediately. The bill was amended and passed by the Senate Revenue and Taxation Committee.
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