SB 983 Oklahoma Senate · 2025 Regular Session

Oklahoma Turnpike Authority; requiring audit prior to the issuance of certain bonds. Effective date. Emergency.

SB 983 requires the Oklahoma Turnpike Authority (OTA) to undergo a pre-issuance audit before selling certain bonds. The bill specifies the scope of this audit and mandates that the OTA evaluate toll increases before implementing them. These changes apply directly to the OTA, which manages Oklahoma's turnpike system and bond financing. The legislation updates existing statutes governing bond issuance procedures for the authority. (3 sentences)
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 3, 2025 Last action Feb 4, 2025
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3
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Committee
0
Feb 3, 2025
Introduced
First Reading
upper
1 primary · 0 co-sponsors

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Role
Legislator
Party
State
District
P
Photo of Lisa Standridge
Lisa Standridge
RRepublican
OK
15