reglab/housing_qa huggingface dataset:
74 OK Stat § 74-5060.52 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5060.52. Compensation and expenses.

|A. Members of the Electronic Commerce Pilot Program Steering Committee created in Section 5060.50 of Title 74 of the Oklahoma Statutes shall receive no compensation for serving on the Committee, but shall receive travel reimbursement as follows: |1. Legislative members of the Committee shall be reimbursed for their necessary travel expenses incurred in the performance of their duties in accordance with Section 456 of Title 74 of the Oklahoma Statutes from the legislative body in which they serve;2. State agency employees who are members of the Committee shall be reimbursed for travel expenses incurred in the performance of their duties by their respective agencies in accordance with the State Travel Reimbursement Act; and3. All other Committee members shall be reimbursed by the Department of Central Services for travel expenses incurred in performance of their duties on the Committee, in accordance with the State Travel Reimbursement Act.Added by Laws 1999, c. 337, § 5 eff. July 1, 1999.
74 OK Stat § 74-5060.54 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5060.54. Requirements for professional service contracts to support basic or applied plant science research projects.

|No professional service contract shall be awarded by the Oklahoma Center for the Advancement of Science and Technology (OCAST) to support a basic or applied plant science research project unless: |1. The investigators are residents of this state or become residents of this state before the ninetieth day after a professional service contract, pursuant to which they will be functioning as an investigator, has been funded by OCAST;2. The institutions that administer the professional service contracts are primarily located in this state and are able to assume financial responsibility for professional service contracts; and3. The professional service contract will not be transferred to any other institutions within the state without the approval of OCAST and will not be transferred to an institution outside of the State of Oklahoma at any time.Added by Laws 2006, c. 297, § 4, eff. Nov. 1, 2006.
74 OK Stat § 74-5062.1 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.1. Short title.

|Sections 50 through 70 of this act shall be known and may be cited as the "Oklahoma Development Finance Authority Act". |Added by Laws 1987, c. 222, § 49, operative July 1, 1987.
74 OK Stat § 74-5062.3 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.3. Mission of Oklahoma Development Finance Authority - Public policy.

|A. The mission of the Oklahoma Development Finance Authority shall be to take into account and develop its policies based upon the following findings: |1. Fundamental changes have occurred in national and international markets for goods and services produced by the citizens of this state. These changes have created an economic hardship for this state as manifested by the increasing number of business failures and bankruptcies, both personal and corporate, and the high levels of unemployment in agricultural and industrial enterprises;2. There exists a need to improve, repair, replace and expand the infrastructure of the state and its political subdivisions, which is vital to the health, safety and welfare of the citizens of the state as well as to economic growth and development; and3. Structural changes in global capital markets and real goods markets have had a strong impact on the availability of long-term capital in this state.B. It is hereby declared to be the public policy and responsibility of this state to promote the health, welfare, safety and economic security of its inhabitants through the retention of existing employment and alleviation of unemployment in all phases of agricultural enterprises and industrial enterprises, for the development of reliable, affordable, efficient and environmentally compatible sources of energy for all types of public and private consumption, for providing health care facilities, for providing capital improvement facilities, for providing educational facilities for the benefit of educational institutions within the state and for such other facilities and projects as herein provided.C. It is hereby found that the public policies and responsibilities of the state as set forth in this act cannot be fully attained without the use of public financing and that such public financing can best be provided by the creation of a state development finance authority with comprehensive and extensive powers therein, which authority shall have the power to issue bonds to provide financing for qualified agricultural enterprises, capital improvements, educational facilities, industrial enterprises, energy conservation facilities, energy distribution facilities, energy generating facilities and facilities, health care facilities, pollution control facilities, recreational facilities and waste water facilities, and that all of the foregoing are public purposes and uses for which public moneys may be borrowed, expended, advanced, loaned and granted.Added by Laws 1987, c. 222, § 51, operative July 1, 1987.
74 OK Stat § 74-5062.4 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.4. Relationship with Oklahoma Futures - Annual business plan.

|The Oklahoma Development Finance Authority shall exercise the powers granted to it in a manner consistent with each five-year plan developed by Oklahoma Futures for the activities and programs of the Authority. The Oklahoma Development Finance Authority shall submit a proposed schedule of activities and goals to Oklahoma Futures in order to facilitate development of the first five-year plan provisions applicable to the Authority. |The board of directors shall develop an annual business plan for the Oklahoma Development Finance Authority. The business plan shall be submitted to Oklahoma Futures for its approval and shall be included in the annual report of Oklahoma Futures. The business plan shall be consistent with the goals of the recurring five-year policy plan as provided by law. Oklahoma Futures shall approve such policy plan before it is implemented. The board of directors shall distribute copies of the business plan by such means that will make it widely available to communities, firms and local economic development managers throughout this state.Added by Laws 1987, c. 222, § 52, operative July 1, 1987.
74 OK Stat § 74-5062.7 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.7. President - Appointment - Powers and duties.

|A. The board of directors of the Oklahoma Development Finance Authority shall appoint a president who shall direct and supervise the administrative affairs and the general management of the Authority. The board shall establish criteria for selecting the president taking into consideration national standards for similar positions in similar institutions in other states. The search for the president shall be conducted pursuant to the criteria so established. The president's salary shall be set by the board of directors. The board may appoint the same person who is serving as, or is appointed to be, the chief executive officer or president of the Oklahoma Industrial Finance Authority. The board is authorized to pay the full salary of the president or may agree to share in this expense with the Oklahoma Industrial Finance Authority. |B. The president:1. May employ and terminate such other officers and employees as designated by the board of directors, including, if necessary, legal counsel;2. Shall attend board meetings;3. Shall appoint a secretary to keep a record of all proceedings and maintain and be custodian of all financial and operational records, documents and papers filed with the Authority and of the minute book of the Authority; and4. Shall perform other duties directed by action of the board of directors of the Authority in carrying out the purposes of this act.Added by Laws 1987, c. 222, § 55, operative July 1, 1987. Amended by Laws 1994, c. 285, § 4, eff. July 1, 1994.
74 OK Stat § 74-5062.8 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.8. See the following versions:

|OS 74-5062.8v1 (SB 1050, Laws 2021, c. 204, § 13). |OS 74-5062.8v2 (SB 1049, Laws 2021, c. 203, § 12).
74 OK Stat § 74-5062.9 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.9. Liability of Authority personnel - Indemnification of legal expenses.

|No member of the Authority, no member of the board and no officer or employee of the Authority may be subject to any personal liability or accountability for having acted within the course and scope of his membership, office or employment to carry out any power or duty pursuant to this act. The Authority shall indemnify any member of the Authority, any member of the board of the Authority and any employee of the Authority against expenses actually and necessarily incurred by him in connection with the defense of any action or proceeding in which he is made a party by reason of past or present association with the Authority and the subject of which was within the course and scope of his membership, office or employment. |Added by Laws 1987, c. 222, § 57, operative July 1, 1987.
74 OK Stat § 74-5062.11 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.11. Tax exemption for bonds.

|The bonds authorized pursuant to the Oklahoma Development Finance Authority Act and the income therefrom, whether or not the interest on which is subject to federal income taxation, shall be exempt from all taxation in this state except for inheritance, estate or transfer taxes; all legal instruments and all security agreements and financing agreements made pursuant to the provisions of this act shall be exempt from Oklahoma stamp, mortgage and transfer taxes. |Added by Laws 1987, c. 222, § 59, operative July 1, 1987.
74 OK Stat § 74-5062.12 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.12. Insurance fund.

|The Oklahoma Development Finance Authority is authorized to create an insurance fund consisting solely of funds deposited pursuant to Section 81 of this act. Said insurance fund shall be held in the custody of one or more banks or trust companies having a principal place of business in this state. The insurance fund shall be held as security for the holders of bonds issued pursuant to the provisions of this act. It shall be governed by a trust agreement entered into by the Authority with the trustees. The trust agreement may contain such provisions and limitations as to the investment and disbursement of monies in the insurance fund; the payment of expenses of the insurance fund; the appointment, resignation, and discharge of trustees; the delegation of enforcement and collection powers under the insurance agreements to the trustee; the duties of the trustees, amendments of the trust agreement, and such other lawful provisions and limitations as may be deemed appropriate by the Authority. The trust agreement may pledge premiums and other monies which may be deposited in the insurance fund. Such pledge shall be valid and binding from the time when the pledge is made. The premiums and other monies so pledged and thereafter received by the insurance fund or by the trustees in its behalf shall immediately be subject to the lien of such pledge and shall be valid and binding as against all parties having claims of any kind against the insurance fund, irrespective of whether such parties have notice thereof. The Authority may also use the funds deposited pursuant to Section 81 of this act to purchase insurance which shall be pledged for the security of the holders of any bonds issued under this act or to enter into agreements with credit facilities in order to enhance the security of any holders of bonds. In any case in which insurance is pledged as security, whether obtained through the insurance funds authorized to be created pursuant to the provisions of this section or purchased with monies deposited pursuant to Section 81 of this act, any description of such insurance shall expressly indicate the limitation of the liability of the Authority and that neither the credit nor taxing power of this state or any political subdivision thereof shall be available to satisfy any obligations with respect thereto. |Added by Laws 1987, c. 222, § 60, operative July 1, 1987.
74 OK Stat § 74-5062.13 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.13. Investment in securities of Oklahoma Development Finance Authority.

|The bonds, debentures, notes or other evidence of indebtedness of the Oklahoma Development Finance Authority are hereby made securities in which all public officers and bodies of this state, all municipalities and municipal subdivisions, all insurance companies and associations and other persons carrying on an insurance business, all banks, bankers, trust companies, savings banks, savings associations, including savings and loan associations and building and loan associations, investment companies and other persons carrying on a banking business, all administrators, guardians, executors, trustees and other fiduciaries, and all other persons whatsoever who are now or who may hereafter be authorized to invest in bonds or other obligations of this state may properly and legally invest funds including capital in their control or belonging to them. Notwithstanding any other provision of law, the bonds, debentures, notes or other evidence of indebtedness of the Authority are also hereby made securities which may be deposited with and may be received by all public officers and bodies of this state and all municipalities and municipal subdivisions for any purpose for which the deposit of bonds or other obligations of this state are now or may hereafter be authorized. |Added by Laws 1987, c. 222, § 61, operative July 1, 1987.
74 OK Stat § 74-5062.14 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.14. Authority - State tax exemption.

|The Oklahoma Development Finance Authority shall be and is hereby exempt from all franchise, corporate, business and other taxes of any nature levied by the state, provided that nothing herein shall be construed to exempt from such taxes any person receiving financing assistance from the Authority. |Added by Laws 1987, c. 222, § 62, operative July 1, 1987.
74 OK Stat § 74-5062.15 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.15. Pledge against limitation or alteration of rights of bond owners.

|The State of Oklahoma does hereby pledge to and agree with the owners of any bonds issued under this act that the state will not limit or alter the rights hereby vested in the Authority to fulfill the terms of any agreements made with the owners thereof or in any way impair the rights and remedies of the owners until the bonds, together with the interest thereon, with interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceeding by or on behalf of the owners, are fully met and discharged. The Authority is authorized to include this pledge and agreement of the state in any agreement with the owners of the bonds. |Added by Laws 1987, c. 222, § 63, operative July 1, 1987.
74 OK Stat § 74-5062.16 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.16. Covenant and consent to inclusion of interest on bonds in gross income.

|The Authority may covenant and consent that the interest on certain of its bonds shall be includable under the Internal Revenue Code of 1986, as amended, or any subsequent corresponding internal revenue law of the United States in the gross income of the owners thereof to the same extent and in the same manner that the interest on bills, bonds, notes or other obligations of the United States is includable in the gross income of the owners thereof under said Internal Revenue Code or any such subsequent law. Nothing contained herein shall be construed to covenant or consent or to authorize any covenant or consent to the application of any other provision of any other laws, federal or state, to the Authority or to its bonds or to the elimination or modification in any way of any other exemption, privilege or immunity thereof. |Added by Laws 1987, c. 222, § 64, operative July 1, 1987.
74 OK Stat § 74-5062.17 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.17. Construction of act.

|This act shall be liberally construed. Nothing contained herein is or shall be construed as a restriction or limitation upon any powers which the Authority might otherwise have under any other law of this state heretofore or hereafter enacted, and the provisions of this act are cumulative to such powers. The provisions hereof do and shall be construed to provide a complete, additional and alternative method for the doing of the things authorized and shall be regarded as supplemental and additional to powers conferred by any other laws. |Added by Laws 1987, c. 222, § 65, operative July 1, 1987.
74 OK Stat § 74-5062.18 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.18. Bonds of Oklahoma Development Finance Authority not to compete with bonds of certain state agencies.

|Notwithstanding any provision herein to the contrary, the Oklahoma Development Finance Authority shall not participate in financing programs nor issue bonds which compete with or are similar in nature to those obligations authorized for issuance by the Oklahoma Turnpike Authority, the Oklahoma Housing Finance Agency, the Oklahoma Water Resources Board, the Grand River Dam Authority, the Oklahoma Student Loan Authority and the Oklahoma Municipal Power Authority, without the prior consent of said authorities. |Added by Laws 1987, c. 222, § 66, operative July 1, 1987.
74 OK Stat § 74-5062.20 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.20. Annual report - Publication - Distribution - Contents - Recommendations.

|The Oklahoma Development Finance Authority shall publish and present an annual report to the Governor, the Speaker of the House of Representatives, the President Pro Tempore of the Senate, and Oklahoma Futures, setting forth in detail the operations and transactions conducted by it pursuant to this or to other legislation. The annual report shall specifically account for the ways the need, mission and programs of the Authority described in Section 5062.1 et seq. of this title have been carried out, including but not limited to, a review of the results of the Authority's operations and transactions according to objective measures set forth in the Authority's business plan. The report shall recommend specific changes in the activities of the Authority which are necessary to better carry out the need and mission described in Section 5062.1 et seq. of this title. The Authority shall distribute its annual report by such means that will make it widely available to those innovative enterprises of special importance to the Oklahoma economy. |Added by Laws 1987, c. 222, § 68, operative July 1, 1987. Amended by Laws 1989, c. 374, § 8, emerg. eff. June 6, 1989.
74 OK Stat § 74-5062.21 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.21. Evaluation of Authority's performances.

|Seven (7) years after the Oklahoma Development Finance Authority has begun operations, Oklahoma Futures shall review, analyze and evaluate the extent to which the Authority has achieved its statutory need and mission. The evaluation shall include, but not be limited to, an examination of quantifiable results of the Authority's programs and plans. |Added by Laws 1987, c. 222, § 69, operative July 1, 1987.
74 OK Stat § 74-5062.22 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.22. Cooperation and services of other state officers and agencies.

|All officers, departments, boards, agencies, divisions, and commissions of this state including, but not limited to, the Oklahoma Department of Commerce, the State Department of Health, the Department of Transportation, the Oklahoma Securities Commission and the Office of the Attorney General, shall cooperate with and render such services, as feasible, to the Oklahoma Development Finance Authority as may be within the area of their respective governmental functions as fixed or established by law, and as may be requested by the Authority. The cost and expenses of any such services shall be met and provided by the Authority if such services are of the type for which a fee is usually charged. |Added by Laws 1987, c. 222, § 70, operative July 1, 1987.
74 OK Stat § 74-5062.30 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.30. Short title.

|Sections 2 through 8 of this act shall be known and may be cited as the “Military Base Protection and Expansion Incentive Act”. |Added by Laws 2007, c. 349, § 2, emerg. eff. June 4, 2007.
74 OK Stat § 74-5062.31 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.31. Legislative findings.

|The Legislature finds: |1. It is in the best interest of the State of Oklahoma to ensure the continued location and expansion of established military bases and facilities in this state;2. Growth to political subdivisions as a result of the presence and expansion of military bases and facilities requires improved and expanded municipal and school infrastructure and facilities; and3. Political subdivisions that serve military bases are in critical need of capital improvement projects, and the financing of such projects constitutes an important public purpose.Added by Laws 2007, c. 349, § 3, emerg. eff. June 4, 2007. Amended by Laws 2008, c. 217, § 7, emerg. eff. May 20, 2008.
74 OK Stat § 74-5062.32 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.32. Definitions.

|As used in the Military Base Protection and Expansion Incentive Act: |1. “Authority” means the Oklahoma Development Finance Authority;2. “Capital project” means the acquisition, construction, expansion, replacement, or renovation of a municipal, county or school district facility, including real property, buildings, and other fixed assets. Capital project shall not include furnishings or equipment that is not a fixed asset; and3. “Qualified issuer” means a municipality, county, school district, or public trust of which a municipality, county or school district is the beneficiary that:a.is located in or adjacent to a county that is home to a military installation receiving military or mission expansion from the 2005 Base Realignment and Closure Commission (BRAC) recommendations, andb.encompasses all or part of a school district that is entitled to receive federal impact aid dollars or federal payment in lieu of tax dollars for the most recently completed school year.Added by Laws 2007, c. 349, § 4, emerg. eff. June 4, 2007. Amended by Laws 2008, c. 217, § 8, emerg. eff. May 20, 2008.
74 OK Stat § 74-5062.33 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5062.33. Loan program - Funding for issuers.

|There is hereby created a loan program, the purpose of which is to protect and retain established military bases and facilities and to support additional and expanded employment at such bases and facilities. The program shall provide funding to qualified issuers to finance capital projects needed as a result of growth due to or in connection with an established military base. |Added by Laws 2007, c. 349, § 5, emerg. eff. June 4, 2007. Amended by Laws 2008, c. 217, § 9, emerg. eff. May 20, 2008.