reglab/housing_qa huggingface dataset:
70 OK Stat § 70-15-103 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-103. Electors - Qualifications.

|On the question of issuance of said bonds, no person shall be qualified to vote unless he be in all respects a school district elector of such district. In case three-fifths (3/5) of the voters thereof voting at such election shall vote affirmatively for the issuance of said bonds, then the said board of education shall issue the same and not otherwise. The amount of the bonds so voted upon and issued shall not cause the school district to become indebted in an amount, including existing indebtedness, in the aggregate exceeding five percent (5%) of the valuation of the taxable property therein, to be ascertained from the last assessment for state and county purposes previous to the incurring of such indebtedness; but if the school district has an absolute need therefor, such district may, with the assent of three-fifths (3/5) of the voters thereof, voting at such election, incur indebtedness to an amount, including existing indebtedness, in the aggregate exceeding five percent (5%) but not exceeding ten percent (10%) of the valuation of the taxable property therein, to be ascertained from the last assessment for state and county purposes previous to the incurring of such indebtedness, for the purpose of acquiring or improving school sites, constructing, repairing, remodeling or equipping buildings or acquiring school furniture, fixtures or equipment or more than one or all of such purposes; and such assent to such indebtedness shall be deemed to be a sufficient showing of such absolute need. Section 26, Article X, of the Oklahoma Constitution, as amended on April 5, 1955, shall hereafter be in full force and effect. Provided, that any bond election that shall have heretofore been called or held in accordance with the provisions of Section 26, Article X, of the Oklahoma Constitution, as amended on April 5, 1955, is hereby validated if the bonds so authorized at such election have not yet been sold and delivered. |Added by Laws 1971, c. 281, § 15-103, eff. July 2, 1971.
70 OK Stat § 70-15-104 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-104. Form - Provision for collection of annual tax.

|The said bonds shall contain all necessary provisions as to form; and such school district shall, before or at the time of the issuance of the same, provide for the collection of an annual tax sufficient to pay the interest on such indebtedness as it falls due, and also to constitute a sinking fund for the payment of the principal thereof. |Added by Laws 1971, c. 281, § 15-104, eff. July 2, 1971.
70 OK Stat § 70-15-105 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-105. Signatures - Registration - Certificate.

|The bonds, the issuance of which is provided in the preceding sections, shall be signed by the president, attested by the clerk and registered by the treasurer of the board of education, and shall have endorsed thereon a certificate signed by the county clerk and the district attorney of the county wherein such district is located, stating that said bonds or evidence of debt are issued pursuant to law and that said issue is within the debt limit. |Laws 1971, c. 281, § 15-105, eff. July 2, 1971.
70 OK Stat § 70-15-106 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-106. Transportation equipment - Bonds.

|Any school district that is authorized by law to provide transportation for pupils to and from school may become indebted for the purpose of purchasing transportation equipment and may issue its bonds, as provided for by law, in any amount not exceeding, with existing indebtedness, ten percent (10%) of the valuation of the taxable property within the school district, as shown by the last preceding assessment for state and county purposes previous to the incurring of indebtedness. The bonds shall be made to mature within a period not to exceed five (5) years from their date. It is hereby declared that the use of the word "equipment" in Section 26, Article X of the Oklahoma Constitution was intended to include the "transportation equipment" referred to in this section. |Added by Laws 1971, c. 281, § 15-106, eff. July 2, 1971. Amended by Laws 1995, c. 257, § 3, emerg. eff. May 25, 1995.
70 OK Stat § 70-15-106.1 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-106.1. Equipment purchase - Bonds.

|Any school district may become indebted for the purpose of purchasing equipment and may issue its bonds, as provided for by law, in any amount not exceeding, with existing indebtedness, ten percent (10%) of the valuation of the taxable property within the school district, as shown by the last incurring of indebtedness. The bonds shall be made to mature within a period not to exceed five (5) years from their date. It is hereby declared that the use of the word "equipment" in Section 26, Article X of the Oklahoma Constitution was intended to include: library books, textbooks, school-owned uniforms, computer software, electronic media content, perpetual or continuous district software license agreements and web-based software subscriptions with a term of more than one (1) year but not more than five (5) years, the acquisition of telecommunications devices and components to be used to enhance classroom instruction and maintenance/service contracts which are included as a part of the equipment purchase price and any associated hardware and software necessary for implementation and training and any maintenance agreements. This provision shall not restrict a school district from issuing bonds with a maturity of greater than five (5) years for the purchase of equipment not listed in this section. If the maturity of the bond is greater than five (5) years, the maturity of the bond shall not exceed the effective life of any equipment purchased with the proceeds. |Added by Laws 1995, c. 257, § 4, emerg. eff. May 25, 1995. Amended by Laws 2004, c. 361, § 22, eff. July 1, 2004; Laws 2010, c. 1, § 1; Laws 2010, c. 455, § 2, eff. July 1, 2010.
70 OK Stat § 70-15-107 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-107. Expenses.

|All expenses incident to the issuance of school district bonds, including the expense of holding the bond election, may be paid from the proceeds of such bonds. |Added by Laws 1971, c. 281, § 15-107, eff. July 2, 1971. Amended by Laws 1974, c. 76, § 1, emerg. eff. April 19, 1974; Laws 1980, c. 217, § 6, eff. May 30, 1980.
70 OK Stat § 70-15-108 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-108. Investment in government bonds.

|The proceeds of any school bonds or any portion thereof, or the sinking fund for the payment of any school bonds, may be invested by the issuing board in any type or series of United States Government Bonds. |Added by Laws 1971, c. 281, § 15-108, eff. July 2, 1971.
70 OK Stat § 70-15-109 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-109. Bond issues of area school districts.

|Area school districts may, in accordance with the provisions of Section 9B, Article X of the Oklahoma Constitution, issue bonds in the same manner as bonds are issued by other school districts. |Added by Laws 1971, c. 281, § 15-109, eff. July 2, 1971.
70 OK Stat § 70-15-201 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-201. Definitions.

|For the purposes of this act: |1. "School bonds" means bonds issued pursuant to the provisions of Sections 15-101 through 15-109 of Title 70 of the Oklahoma Statutes;2. "Commissioners" means Commissioners of the Land Office of the State of Oklahoma; and3. "Fund" means permanent school fund for the support of common schools of the State of Oklahoma.Added by Laws 1994, c. 346, § 1, eff. Nov. 8, 1994.
70 OK Stat § 70-15-202 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-202. Guarantee of bonds issued.

|On approval by the Commissioners, bonds issued pursuant to Sections 15-101 through 15-109 of Title 70 of Oklahoma Statutes are guaranteed by the corpus of the permanent school fund for the support of common schools. |Added by Laws 1994, c. 346, § 2, eff. Nov. 8, 1994.
70 OK Stat § 70-15-203 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-203. Restriction on guarantee of bonds.

|The Commissioners shall not approve bonds for guarantee if the approval would result in the total amount of outstanding guaranteed bonds to exceed an amount equal to twice the cost value or twice the market value of the assets of the permanent school fund whichever is lower, exclusive of real estate as calculated by the annual audit of the Commissioners of the Land Office. |Added by Laws 1994, c. 346, § 3, eff. Nov. 8, 1994.
70 OK Stat § 70-15-204 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-204. Application by school districts for bond guarantee program.

|A school district seeking the guarantee of eligible bonds shall apply to the Commissioners on an application which must include: |1. The name of the school district and the principal amount of the bonds to be issued;2. The maturity schedule, estimated interest rate and date of the bonds; and3. Any other information as deemed necessary and appropriate by the Commissioners of the Land Office.The application must be accompanied by a fee set by the Commissioners in an amount to cover costs of administering the guarantee program. The Commissioners and the State Bond Advisor shall enter into an interagency agreement in order to administer their responsibilities pursuant to the provisions of this act.From the fees collected, the Commissioners shall enter into a cooperative agreement with the State Bond Advisor to defray any administrative costs of his office in carrying out the provisions of this act.Added by Laws 1994, c. 346, § 4, eff. Nov. 8, 1994.
70 OK Stat § 70-15-205 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-205. Duty of State Bond Advisor.

|It shall be the duty of the State Bond Advisor to review the bond applications and to advise the Commissioners of the validity of the guarantee application. |Added by Laws 1994, c. 346, § 5, eff. Nov. 8, 1994.
70 OK Stat § 70-15-206 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-206. Requirements for districts applying for guarantee.

|A. Any district applying to utilize the provisions of this act for its bonded indebtedness shall: |1. Be certified to be in good standing and be accredited without probation by the State Board of Education;2. Verify to the Commissioners that the bond issue involved is within any limitation provided by law;3. Comply with such criteria or other requirements deemed necessary by the Commissioners; and4. Fully comply with all provisions of the rules promulgated by the Commissioners pursuant to this act.B. No guarantee of bonds shall be effective unless approved by a majority of the Commissioners.Added by Laws 1994, c. 346, § 6, eff. Nov. 8, 1994.
70 OK Stat § 70-15-207 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-207. Inability to pay on guaranteed bond - Notice.

|Immediately following a determination that a school district will be or is unable to pay maturing or matured principal or interest on a guaranteed bond, but not later than the fifth business day before the maturity date, the district shall notify the State Bond Advisor and the Commissioners of the Land Office. |Added by Laws 1994, c. 346, § 7, eff. Nov. 8, 1994.
70 OK Stat § 70-15-208 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-208. Transfer of funds to pay maturing or matured bond - Cancellation of bond - Reimbursement by school district.

|A. Following receipt of notice, the Commissioners shall cause to be transferred from the permanent school fund the necessary funding to pay the maturing or matured principal or interest. |B. Immediately following receipt of the funds for payment of the principal or interest, the district treasurer shall pay the amount due and forward the canceled bond or coupon to the Commissioners of the Land Office.C. Following full reimbursement to the fund with interest, the Commissioners shall forward the canceled bond to the school district for which the payment was made.Added by Laws 1994, c. 346, § 8, eff. Nov. 8, 1994.
70 OK Stat § 70-15-209 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-209. No acceleration of remaining bonds due to default.

|If a school district fails to pay principal or interest on a bond guaranteed by the fund when it matures, other amounts not yet mature are not accelerated and do not become due by virtue of the school district default. |Added by Laws 1994, c. 346, § 9, eff. Nov. 8, 1994.
70 OK Stat § 70-15-210 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-210. Collection of deficient payments from school districts.

|A. If the Commissioners make payment from the fund on behalf of a school district, the Commissioners shall withhold from any trust fund apportionment payable to the school district until the amount paid, plus interest, is repaid in full or the Commissioners may proceed to collect the deficient payments plus interest and reasonable attorney fees as provided by Section 365.5 of Title 62 of the Oklahoma Statutes. Monies collected from said school district for deficient payments shall be forwarded to the Commissioners within thirty (30) days of collection. In the determination of State Aid pursuant to Section 18-200 of Title 70 of the Oklahoma Statutes the State Apportionment component of the Foundation Program Income shall be determined as if the school district had received all state apportionment funds withheld pursuant to this section. |B. The amount withheld shall be deposited to the credit of the permanent school fund.C. Immediately following any payments from the fund on behalf of a school district pursuant to this section, the Commissioners shall notify the State Treasurer of the payment for purposes of taking any action as is required by Section 8 of this act.Added by Laws 1994, c. 346, § 10, eff. Nov. 8, 1994.
70 OK Stat § 70-15-211 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-15-211. Implementation.

|The Commissioners of the Land Office shall adopt rules necessary to implement the provisions of this act. |Added by Laws 1994, c. 346, § 11, eff. Nov. 8, 1994.
70 OK Stat § 70-16-102.1 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-16-102.1. Public hearing on proposed textbooks.

|The State Textbook Committee shall conduct a public hearing in the first two (2) weeks of October each year for the purpose of gathering public testimony concerning the various textbooks being considered for adoption by the Committee. Any person wishing to be heard at the public hearing shall register with the secretary of the State Textbook Committee at least two (2) weeks prior to the date set for the public hearing. The registration shall be accompanied by a typed summary detailing the nature of the testimony which will be presented at the public hearing. All testimony shall pertain to a specific textbook or textbooks for which the State Textbook Committee has received bids. The time and number of people testifying for any one organization may be limited by the State Textbook Committee. The Committee, in its discretion, may conduct additional public hearings. The date of the public hearing shall be set by the Committee when the advertisement for bids for books is issued. |Added by Laws 1984, c. 241, § 1, eff. Nov. 1, 1984. Amended by Laws 1993, c. 229, § 4, eff. July 1, 1993.
70 OK Stat § 70-16-103 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-16-103. Advertisement - Sealed bids - Display of textbooks.

|The State Textbook Committee shall advertise for books in all basic subjects in such manner and for such time as it may deem best. Each year the Committee shall advertise for sealed bids from publishers of textbooks for furnishing textbooks for the public schools of this state. Each bid shall state specifically and clearly the price at which each book will be furnished FOB the bidder's depository or delivered to any ordering school district in this state, and the price the books may be sold for through local retail book dealers, and shall be accompanied by a sample copy of each book offered in such bid, together with any teacher edition or teacher aids used with such book. A copy of each textbook for which a bid has been accepted by the Committee shall be displayed in at least one library or institution of higher education within each Congressional District in this state. The facility shall have free public access. The textbooks shall be displayed from the time they are accepted by the Committee until their final selection or rejection. A record of all the books delivered direct to any school district shall be immediately furnished by the shipper and the school district to the State Board of Education. Each bid shall be accompanied by a sworn statement specifically: |1. Stating whether the publisher is the owner of any interest or share in any other textbook publishing houses and, if so, giving the names and addresses thereof;2. Showing whether any member of the Committee is in any manner interested, directly or indirectly, in such person, firm, or corporation submitting such bid; and3. Showing the name and address of every committee, public official, or individual in this state who has been furnished, within the preceding twelve (12) months, any copy of the textbook or textbooks or any edition thereof included in the bid, together with the numbers and titles thereof furnished to each recipient.If the fact shall be disclosed that any member of the Committee, State Textbook Director, or any employee of that office is interested in the bidder, it shall work a disqualification of such member, and the member shall not be permitted to serve on the Committee, and the bidder shall be disqualified. If it shall be disclosed that such sworn statement does not accurately and completely give the information required, the State Textbook Committee shall disregard the bid. Oklahoma authors of school textbooks shall be permitted to receive the customary royalty, regardless of employment.Added by Laws 1971, c. 281, § 16-103, eff. July 2, 1971. Amended by Laws 1984, c. 241, § 2, eff. Nov. 1, 1984; Laws 1993, c. 229, § 5, eff. July 1, 1993; Laws 1997, c. 341, § 2, emerg. eff. June 9, 1997.
70 OK Stat § 70-16-104 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-16-104. Delivery of bids - Examination and investigation - Adoption of textbook.

|All bids shall be sealed and delivered to the secretary of the State Textbook Committee, to be delivered by the secretary to the Committee for the purpose of considering the bids. The Committee shall meet prior to August 15 of each year at the time and place mentioned in the advertisement required by Section 16-103 of this title, to open and examine the sealed bids received, and make a full and complete investigation of all books and the bids accompanying the same. The books shall be selected after careful consideration of all the books presented, and the books selected for adoption shall be those which the Committee rates as "Exemplifies Quality" or "Approaching Quality" on the rubric pursuant to Section 16-102 of this title. The Committee shall give consideration to any legislative resolution concerning textbook content and the testimony received at public hearings when making the selections. The Committee shall proceed without delay to select, for use of the public schools of this state, textbooks as specified in this article and shall notify publishers to whom contracts are awarded. If the State Textbook Committee determines that significant inaccuracies exist in the contents of a textbook which has been bid or that information contained in the textbook is not current, the Committee may adopt the book on a provisional basis. Final adoption of the textbook and use of textbook money shall be contingent upon the publisher providing a modified or revised textbook which is acceptable to the State Textbook Committee. |Added by Laws 1971, c. 281, § 16-104, eff. July 2, 1971. Amended by Laws 1984, c. 241, § 3, eff. Nov. 1, 1984; Laws 1993, c. 229, § 6, eff. July 1, 1993; Laws 2020, c. 50, § 3, eff. Nov. 1, 2020.
70 OK Stat § 70-16-107 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-16-107. Revised editions - Late adoptions.

|A. In the event that a publisher whose bid has been accepted shall publish at any time before the expiration of the adoption period a new or revised edition of the adopted textbook, the State Textbook Committee may require such publisher to substitute such new or revised edition for the adopted edition at a price to be mutually agreed upon by the publisher and the State Textbook Committee, but not in excess of the lowest price at which the same textbook will be sold or offered for sale for the purpose of securing a state or local selection or adoption elsewhere in the United States during the twelve (12) months preceding the date of submitting such new or revised edition. A contract shall be made for such new or revised edition as for any other selection. Each bidder shall expressly agree to this provision as a part of the bid and the contract awarded if successful. |B. In the event that a publisher shall publish a textbook for a subject during the period for which adoptions for that subject have not expired, such publisher may submit a bid for such textbook at the time and in the manner other bids are submitted. The State Textbook Committee may adopt such book for the balance of the adoption period and thereafter local textbook committees may adopt such book.Laws 1971, c. 281, § 16-107, eff. July 2, 1971; Laws 1993, c. 229, § 8, eff. July 1, 1993.
70 OK Stat § 70-16-108 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-16-108. Surety bond - Approval of contract - Recoveries.

|The bidder to whom one or more contracts may be awarded shall make and execute a good and sufficient surety bond, payable to the State of Oklahoma, in a sum not less than Two Thousand Dollars ($2,000.00), nor more than Ten Thousand Dollars ($10,000.00), to be fixed by the Committee, conditioned that the contractor shall perform all of the conditions of the contract. Prior to acceptance, the contract shall be approved by an attorney for the State Department of Education and shall be in conformity with, and subject to, all of the provisions of this article. The bond shall not be exhausted by a single recovery thereon but may be sued upon until the full amount thereof is recovered; and the Committee may, after twenty (20) days' notice, require a new bond to be given, and in the event the contractor shall fail to furnish such new bond, such contract may at the option of the Committee be forfeited. |Laws 1971, c. 281, § 16-108, eff. July 2, 1971; Laws 1993, c. 229, § 9, eff. July 1, 1993.
70 OK Stat § 70-16-109 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-16-109. Right to reject bids - Failure to secure textbooks.

|The State Textbook Committee shall have and reserve the right to reject any and all bids, if said Committee be of the opinion that any or all bids should, for any reason, be rejected; and in case it fails, from among the proposals submitted, to select sufficient books upon any of the branches of study provided for herein, it may advertise for sealed bids under the same terms as before, and proceed in its investigation in all respects as it did in the first instance. |Laws 1971, c. 281, § 16-109, eff. July 2, 1971.