reglab/housing_qa huggingface dataset:
62 OK Stat § 62-891.9 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-891.9. Local governments liable for debt issued — Payments.

|A. With respect to an eligible project financed through the Infrastructure Pool, local government entities shall be required to be financially responsible for the repayment of the debt issued by the Oklahoma Development Finance Authority. |B. With respect to obligations incurred by the Authority for an authorized infrastructure project, local government entities shall make payments to the Oklahoma Development Finance Authority for principal, interest, required reserve amounts, and any other amount required in order to make the obligations issued by the Authority marketable.C. Repayment by local government entities pursuant to the provisions of this section shall consist of authorized revenue sources including, but not limited to, taxes levied by the local government entities or which are available for use by such entities pursuant to the provisions of Section 1370 of Title 68 of the Oklahoma Statutes, Section 2701 et seq. of Title 68 of the Oklahoma Statutes and the provisions of Sections 13 and 14 of this act.D. The Authority shall use the monies in the Community Economic Development Pooled Finance Revolving Fund created by Section 15 of this act in order to make payments of principal, interest and other costs.Added by Laws 2009, c. 309, § 9, eff. July 1, 2009.
62 OK Stat § 62-891.10 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-891.10. Oklahoma Department of Commerce rules and forms - Prioritized list - Authority for the Infrastructure Pool.

|A. The Oklahoma Department of Commerce shall promulgate rules for purposes of establishing criteria for the funding of authorized infrastructure projects from the proceeds of obligations issued by the Authority for the Infrastructure Pool. |B. The criteria shall be similar to the criteria used by the federal government in administering the Community Development Block Grant program.C. A combination of eligible local government entities shall apply to the Department for approval of a pooled financing for an infrastructure project on such forms as the Department may prescribe for such purpose.D. The Department shall compile and maintain a prioritized list of infrastructure projects eligible for pooled financing through the Oklahoma Development Finance Authority.E. The Oklahoma Development Finance Authority shall use the prioritized list provided by the Department in order to provide financing to the eligible local government entities.F. The Authority shall, within the limit on available bond proceeds in the Infrastructure Pool, provide proceeds in accordance with the scoring system used by the Department.Added by Laws 2009, c. 309, § 10, eff. July 1, 2009.
62 OK Stat § 62-891.11 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-891.11. Economic development project scoring system - Authority for the Economic Development Pool - For-profit business participation.

|A. The Oklahoma Department of Commerce shall establish a scoring system in order to evaluate economic development projects to be financed from the proceeds of obligations issued by the Authority for the Economic Development Pool. |B. The scoring system shall include, but shall not be limited to, analysis of:1. Capital investment by a for-profit business entity;2. New direct jobs, as such term is defined by Section 3603 of Title 68 of the Oklahoma Statutes, to be created by a for-profit business entity or entities;3. Salary and wage payments to persons employed in new direct jobs; and4. Likelihood of additional business location decisions resulting from the activity of the for-profit business entity or entities that would benefit from use of the Economic Development Pool.C. One eligible local government entity, in conjunction with a for-profit business entity, or a combination of eligible local government entities, in conjunction with a for-profit business entity, may apply to the Department for approval of a pooled financing for an economic development project on such forms as the Department may prescribe for such purpose.D. The Department shall compile and maintain a prioritized list of projects eligible for pooled financing through the Oklahoma Development Finance Authority from the Economic Development Pool.E. The Oklahoma Development Finance Authority shall use the prioritized list provided by the Department in order to provide financing to the eligible local government entity or entities or to a for-profit business entity in conjunction with a local government entity or entities.F. The Authority shall, within the limit on available bond proceeds in the Economic Development Pool, provide proceeds in accordance with the scoring system used by the Department.Added by Laws 2009, c. 309, § 11, eff. July 1, 2009.
62 OK Stat § 62-891.15 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-891.15. Community Economic Development Pooled Finance Revolving Fund.

|There is hereby created in the State Treasury a revolving fund for the Oklahoma Development Finance Authority to be designated the "Community Economic Development Pooled Finance Revolving Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies received by the Oklahoma Development Finance Authority from revenues derived from levies imposed by counties, cities, towns or combinations of such local governmental entities as provided by this act in addition to any withholding tax revenues as provided by Section 891.12 of this title or Section 5 of this act. All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the Oklahoma Development Finance Authority for the purpose of paying principal, interest and other costs of borrowing by the Authority as authorized by this act. Expenditures from said fund shall be made upon warrants issued by the State Treasurer against claims filed as prescribed by law with the Director of the Office of Management and Enterprise Services for approval and payment. |Added by Laws 2009, c. 309, § 15, eff. July 1, 2009. Amended by Laws 2012, c. 304, § 468; Laws 2019, c. 260, § 2, eff. Nov. 1, 2019.
62 OK Stat § 62-891.16 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-891.16. Authority as conduit issuer - Public-Private Partner Development Pool – Issuance of obligations – Purpose of proceeds.

|A. The Oklahoma Development Finance Authority shall be authorized to act as a conduit issuer for the benefit of at least one eligible local government entity in conjunction with one or more for-profit business entities and/or federal government defense entities for an authorized infrastructure development project using the Public-Private Partner Development Pool. |B. The Authority shall be authorized to issue obligations in order to provide net proceeds on a pooled basis not to exceed the combined Economic Development Pool and Infrastructure Development Pool amount authorized by Sections 891.7 and 891.8 of this title. The Authority shall be authorized to issue obligations within the limit prescribed by this subsection based upon the defeasance of previously issued obligations.C. The proceeds from the Public-Private Partner Development Pool shall be for the purpose of providing financing for an eligible local government entity for an authorized infrastructure project located in this state that will benefit one or more business entities located in this state.D. Sixty-five percent (65%) of the net proceeds from the Public-Private Partner Development Pool shall be used by the Authority for the benefit of eligible local government entities the population of which, according to the most recent Federal Decennial Census, does not exceed three hundred thousand (300,000) persons for any participating municipality.E. Thirty-five percent (35%) of the net proceeds from the Public-Private Partner Development Pool may be used by the Authority for the benefit of any and all eligible local government entities regardless of population.F. Obligations issued pursuant to the provisions of this section may be issued on a tax-exempt basis if the applicable provisions of federal law governing private activity bonds allow such issuance. In the event federal law does not allow issuance of obligations on a tax-exempt basis, such obligations shall be issued on a taxable basis.Added by Laws 2019, c. 260, § 3, eff. Nov. 1, 2019.
62 OK Stat § 62-891.17 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-891.17. Promulgation of rules establishing funding criteria - Scoring system to evaluate projects.

|A. The Oklahoma Department of Commerce shall promulgate rules for purposes of establishing criteria for the funding of authorized infrastructure projects from the proceeds of obligations issued by the Oklahoma Development Finance Authority for the Public-Private Partner Development Pool. |B. The Department shall establish a scoring system to evaluate projects to be financed from the proceeds of obligations issued by the Authority for the Public-Private Partner Development Pool.C. The scoring system shall include, but shall not be limited to, analysis of:1. Capital investment by one or more for-profit business entities and/or federal government defense entities;2. Additional capital investment by one or more local government entities;3. New direct jobs as defined by Section 3603 of Title 68 of the Oklahoma Statutes, to be created by a for-profit business entity or entities;4. Salary and wage payments to persons employed in new direct jobs; and5. The likelihood of additional business location decisions resulting from the activity of the for-profit business entity or entities that would benefit from use of the Public-Private Partner Development Pool.D. One or more eligible local government entities shall apply to the Department for approval of a pooled financing for an infrastructure project on such forms as the Department may prescribe.E. The Department shall compile and maintain a prioritized list of infrastructure projects eligible for pooled financing through the Authority.F. The Authority shall use the prioritized list provided by the Department in order to provide financing to the eligible local government entities in conjunction with one or more for-profit business entity or entities for infrastructure development.G. The Authority shall, within the limit on available bond proceeds in the Development Infrastructure Pool, provide proceeds in accordance with the scoring system established by the Department pursuant to this section.Added by Laws 2019, c. 260, § 4, eff. Nov. 1, 2019.
62 OK Stat § 62-891.19 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-891.19. Corporate income tax exclusion for for-profit business entities.

|For-profit business entities that participate in the Public-Private Partner Development Pool will not be subject to corporate income tax associated with the segregation and payment of withholding taxes to local government entities when such payment is made for the purpose of infrastructure development in the Public-Private Partner Development Pool. |Added by Laws 2019, c. 260, § 6, eff. Nov. 1, 2019.
62 OK Stat § 62-896.1 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-896.1. Local government website - Notice after approval of bonds or other indebtedness.

|A. At least thirty (30) days after the approval for a vote on a bond or other evidence of indebtedness to be issued by the local government entities described in subsection C of this section, the governing board of such entity shall cause to be published on that local government website: |1. A description of the projects or assets that will be acquired, improved or repaired with the proceeds from the issuance of the bonds;2. A description of any unpaid or unfinished bond approved by the voters of that jurisdiction preceding the date of the vote on the bonds to be issued; and3. A detailed description of the use of the previous bond proceeds. If the bond proceeds were used to acquire or improve real property, the description shall include a physical address using a street number or some other method by which the location of the property can be identified.B. If the local government entity does not have a website, then it shall make the information accessible through some other method using the Internet to persons who reside in the geographic area of the local government entity. Should there be no reasonable method as described in this section, the entity shall cause the information to be published at least once in a newspaper of general circulation in the geographic area in which the voters of the local government jurisdiction reside.C. The provisions of subsection A of this section shall be applicable to any bond or other evidence of indebtedness the repayment of which requires either a sinking fund millage rate pursuant to Section 26 of Article X of the Oklahoma Constitution, or bonds issued pursuant to the authority of Section 35 of Article X of the Oklahoma Constitution or pursuant to any provisions contained in any other provision of Article X of the Oklahoma Constitution to the extent not otherwise specifically identified in this section, which shall include:1. Counties;2. Cities;3. Towns;4. Common school districts;5. Career technology districts;6. Emergency Medical Service Districts; and7. Solid waste management districts.D. The provisions of this section shall not be applicable to obligations issued by a trust organized pursuant to the provisions of Section 176 et seq. of Title 60 of the Oklahoma Statutes.Added by Laws 2017, c. 62, § 2, eff. Nov. 1, 2017.
62 OK Stat § 62-900 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-900. Short title.

|Sections 1 and 2 of this act shall be known and may be cited as the "State Capital Improvement Planning Act". |Added by Laws 1992, c. 330, § 1, emerg. eff. May 28, 1992.
62 OK Stat § 62-901.1 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-901.1. List of proposed projects

|A. The Long-Range Capital Planning Commission shall submit an itemized list of the proposed projects set forth in its annual capital plan to the Governor, the President Pro Tempore of the Senate and the Speaker of the House of Representatives within the first seven (7) legislative days of a regular legislative session. The list shall be in the order of the priority of the projects as determined by the Commission. The submission to such elected officials shall occur upon the same date for purposes of computing the time within which action must be taken as further prescribed by this subsection. The Legislature shall have a period of forty-five (45) calendar days from the date on which the list is submitted to pass a concurrent resolution disapproving any or all of the proposed projects. If the Legislature does not disapprove any proposed project by concurrent resolution by the end of the forty-fifth day following the date upon which the proposed issuance is submitted, the proposed projects shall be deemed to have been approved by the Legislature. |B. Upon approval of all or any part of the list of proposed projects, the Office of Management and Enterprise Services may expend funds in the Maintenance of State Buildings Revolving Fund for approved projects in the order of priority set forth in its annual capital plan.C. In the event an emergency has been declared as provided for in Section 130 of Title 61 of the Oklahoma Statutes, and as a result thereof, repair or maintenance of a capital facility held by the state is required, a state agency may submit a request to the Director of the Office of Management and Enterprise Services to substitute the emergency project for any other project or projects of the state agency on the approved current fiscal year's Capital Improvement Plan list, or to add the emergency project if the state agency does not have any projects on the approved current fiscal year's Capital Improvement Plan list; provided:1. The Director determines that there are funds available in the Maintenance of State Buildings Revolving Fund to cover all or part of the cost of the emergency project; and2. The Director submits information on the emergency project and the cost thereof to the President Pro Tempore of the Senate and the Speaker of the House of Representatives and they approve the substitution within five (5) calendar days of such submission.D. The Director has authority to redirect funds within the Maintenance of State Buildings Revolving Fund for emergency projects approved by the President Pro Tempore of the Senate and the Speaker of the House of Representatives.Added by Laws 2013, c. 209, § 10, eff. July 1, 2013. Amended by Laws 2016, c. 388, § 1.
62 OK Stat § 62-910 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-910. Short title.

|Sections 3 through 5 of this act shall be known and may be cited as the "Local and Regional Capital Improvement Planning Process Act". |Added by Laws 1992, c. 330, § 3, emerg. eff. May 28, 1992.
62 OK Stat § 62-911 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-911. Definitions.

|As used in the Local and Regional Capital Improvement Planning Process Act, unless otherwise indicated: |1. "Capital improvement plan" means a document or interrelated document containing the elements established under the provisions of subsection D of Section 5 of this act, including the strategies for an implementation program which are consistent with the goals and guidelines established under the Local and Regional Capital Improvement Planning Process Act;2. "Local planning committee" means the committee established by the officers of a unit of local government or combination of units of local governments which has the general responsibility established under Section 5 of this act. If a unit of local government has an existing planning department or other such entity, the unit may utilize that entity as its local planning committee;3. "Person" means an individual, corporation, governmental agency, county, municipality, trust, estate, partnership, association or any other legal entity;4. "Regional council" means a regional commission or a council of governments established under the provisions of the Interlocal Cooperation Act, and which has as its primary purpose joint planning for units of local government and consists of Grand Gateway Economic Development Association, Eastern Oklahoma Development District, Kiamichi Economic Development District of Oklahoma, Southern Oklahoma Development Association, Central Oklahoma Economic Development District, Indian Nations Council of Governments, Northern Oklahoma Development Association, Association of Central Oklahoma Governments, Association of South Central Oklahoma Governments, South Western Oklahoma Development Authority and Oklahoma Economic Development Association;5. "Reviewing authority" means the planning board, agency or office of a unit of local government or if none, the elected officers of such unit;6. "Special district" means a rural water district, conservation district, rural road improvement district, sewer protection district, fire protection district and districts established pursuant to the Interlocal Cooperation Act; and7. "Unit of local government" means a municipality, county or special district.Added by Laws 1992, c. 330, § 4, emerg. eff. May 28, 1992.
62 OK Stat § 62-2001 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-2001. Legislative findings.

|The Legislature finds that general economic conditions in rural areas of the State of Oklahoma reflect reduced individual earning power, relatively lower returns on business investment and the corresponding effects upon fiscal capacity of political subdivisions the geographical area of which consists primarily of unincorporated areas or relatively small municipalities. In order to remove impediments to economic development in rural areas, in order to alleviate the sometimes negative effects of lower population density, population decreases, and increased demand for governmental services and in order to maintain a desirable quality of life for residents and other legal entities in rural areas, the Legislature hereby establishes a procedure pursuant to which public funds may be used in a flexible manner for the general improvement of living and working conditions in predominantly rural areas of the State of Oklahoma for which an identifiable need has been determined. |Added by Laws 1996, c. 193, § 2, eff. July 1, 1996.
62 OK Stat § 62-2002.1 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-2002.1. Rural Economic Action Plan Water Projects Fund.

|A. There is hereby created the “Rural Economic Action Plan Water Projects Fund”. The fund shall be subject to legislative appropriation and shall consist of all monies deposited into the fund by law. The fund shall be a continuing fund not subject to fiscal year limitations. |B. The Rural Economic Action Plan Water Projects Fund may be used for any purpose as authorized by law.Added by Laws 2004, c. 500, § 1, eff. July 1, 2004.
62 OK Stat § 62-2006 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-2006. Rural Economic Action Plan Fund - Establishment - Accounts.

|A. There is hereby established a fund within the State Treasury to be known as the Rural Economic Action Plan Fund, to be administered by the Oklahoma Department of Commerce. The fund shall be a continuing fund not subject to fiscal year limitations. Within the Rural Economic Action Plan Fund there shall be established separate accounts as prescribed by Section 2004 of this title into which shall be deposited such funds as may be provided by law. |B. Except as otherwise provided by Section 2004 of this title, one of nine accounts shall be available to each entity described in subsection A of Section 2007 of this title.C. Except as otherwise provided by Section 2004 of this title, one account shall be divided equally into two subaccounts. One of the two subaccounts shall be available to each of the entities described by subsection B of Section 2007 of this title for distribution to any city or town within the respective jurisdiction of the entity if the population of such city or town does not exceed seven thousand (7,000) persons according to the latest Federal Decennial Census or for the benefit of an unincorporated area. Funds may also be expended for any city or town with a population below seven thousand (7,000) persons based upon the current population estimate according to the U.S. Census Bureau. Funds may be expended for such cities and towns until the next following Federal Decennial Census.D. No funds deposited into one account or subaccount shall be transferred to any other account. No entity may access any more than one account per fiscal year and the total expenditure from any one account for each fiscal year may not exceed the amount of funds available to each account as may be provided by law.E. No monies in the Rural Economic Action Plan Fund shall be used for the payment of administrative expenses, salaries or any other continuing obligation of the Oklahoma Department of Commerce.Added by Laws 1996, c. 193, § 6, eff. July 1, 1996. Amended by Laws 1997, c. 382, § 3, eff. July 1, 1997; Laws 1998, c. 373, § 5, eff. July 1, 1998; Laws 1999, c. 369, § 3, eff. July 1, 1999; Laws 2002, c. 219, § 3, eff. July 1, 2002; Laws 2007, c. 194, § 2, eff. July 1, 2007; Laws 2008, c. 392, § 2, emerg. eff. June 3, 2008.NOTE: Laws 2006, c. 317, § 2 amended this section to be effective contingent upon a sufficient appropriation. The necessary amount was not appropriated. Laws 2006, c. 317, § 2 repealed by Laws 2009, c. 2, § 18, emerg. eff. March 12, 2009.