reglab/housing_qa huggingface dataset:
74 OK Stat § 74-5085.12 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5085.12. Construction of act.

|Nothing contained herein is or shall be construed as a restriction or limitation upon any powers which the Oklahoma Capital Investment Board 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 1991, c. 188, § 12, eff. July 1, 1991.
74 OK Stat § 74-5085.14 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5085.14. Adoption of rules, policies, procedures and regulatory and administrative measures - Enforceability of guarantees of Board unaffected.

|A. The Oklahoma Capital Investment Board may adopt rules, policies, procedures and regulatory and administrative measures necessary to administer the programs of the Board or convenient for the organization and internal management of Board responsibilities. |B. The level, timing or degree of success of the Oklahoma Capital Investment Board in mobilizing or ensuring investment in Oklahoma businesses or projects, accomplishing other economic development objectives or achieving any other statutory duty shall not compromise, diminish, invalidate or affect the enforceability of any guarantee of the Board.Added by Laws 1993, c. 275, § 37, eff. July 1, 1994.
74 OK Stat § 74-5085.15 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5085.15. Distribution of remaining monies - General revenue fund.

|Within thirty (30) days after the Oklahoma Capital Investment Board or any subsidiary or affiliate of the Board has made payment of any remaining expense or obligation created by the Board or by the subsidiary or affiliate, pursuant to the terms of any promissory note, loan agreement, guaranty agreement, investment agreement or other contract or agreement, any remaining monies paid to either the Board or any subsidiary or affiliate of the Board pursuant to the terms of an agreement or contract entered into prior to the effective date of this act shall be paid by the Board or by its subsidiary or affiliate to the General Revenue Fund of the State Treasury. |Added by Laws 2012, c. 361, § 3, emerg. eff. June 8, 2012.
74 OK Stat § 74-5085.16 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5085.16. Effect.

|None of the provisions of this act shall alter, amend, modify, affect, diminish or impair the enforceability of, or any obligation or liability of the Oklahoma Capital Investment Board or any entity which is a subsidiary or affiliate of the Oklahoma Capital Investment Board or any entity which is controlled either directly or indirectly by the Oklahoma Capital Investment Board under any contract, agreement, guarantee or instrument entered into or delivered by such party with any business entity or bank, financial institution or any other entity existing as of the effective date of this act, including, without limitation, any guarantee extended by the Oklahoma Capital Investment Board and any assignment of any third-party commitments to purchase, and proceeds released from the sale of, tax credits, all of which shall remain in full force and effect. |Added by Laws 2012, c. 361, § 4, emerg. eff. June 8, 2012.
74 OK Stat § 74-5102 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5102. Short title - Purpose - Definitions.

|A. Sections 1 through 3 of this act shall be known and may be cited as the “Local Development Financing Act”. |B. The purpose of the Local Development Financing Act shall be to augment and enhance Section 6C of Article X of the Oklahoma Constitution by:1. Assisting communities, especially small and rural towns and counties, by providing a financial resource for economic development endeavors; and2. Creating marketability for tax apportionment financing vehicles under the Local Development Act.C. As used in this act:1. “Administrator” means an organization authorized by an issuer of a debt obligation pursuant to the Local Development Act, which undertakes the performance of the responsibilities contained in subsection C of Section 3 of this act; and2. “Pooling issuer” means any state or local public entity authorized to issue notes or bonds pursuant to the Oklahoma Statutes for economic development financing of state industries and public facilities.Added by Laws 2004, c. 527, § 1, eff. July 1, 2004.
74 OK Stat § 74-5103 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5103. Pooling issuer - Authority.

|A pooling issuer is authorized to: |1. Issue a debt obligation which pools issuances of other public entities authorized by a municipality, town or county to issue tax apportionment or tax increment bonds, notes, or other forms of obligations pursuant to the Local Development Act; and2. Attract private investment into the pooled issuance by either the direct investment of funds or by providing a guarantee for debt service for the purpose of implementing the Local Development Financing Act.Added by Laws 2004, c. 527, § 2, eff. July 1, 2004.
74 OK Stat § 74-5104 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5104. Pooling issuer - Primary activities.

|A. The primary activities of the pooling issuer may include: |1. Credit enhancement of local community development financing pursuant to the Local Development Act;2. Utilization of private and public resources to improve the financing infrastructure for communities in this state;3. Acting as an investor, insurer and/or guarantor of business capital and debt financing on behalf of communities in this state;4. Marketing public obligations resulting from pooled obligations as provided in this act; and5. Serving as a purchaser of, and as a guarantor for, the obligations of designated public entities to be repaid in whole or in part with the apportioned tax increments pursuant to the Local Development Act.B. A pooling issuer may amend its indenture or authorizing document in accordance with the Oklahoma Statutes for purposes of issuing a pooled debt obligation pursuant to this act.C. The Administrator shall be responsible for establishing, implementing, and coordinating economic development and financing programs for communities pursuant to this act and proposing such financing programs to the pooling issuer.D. The pooling issuer may invest funds directly in its own pooled obligations pursuant to this section.E. The following persons and legal entities may legally invest funds belonging to them or within their control in any notes, bonds, or other obligations issued under the Local Development Financing Act:1. All banks, trust companies, bankers, savings banks and institutions, building and loan associations, savings and loan associations, investment companies and other persons carrying on a banking or investment business;2. All insurance companies, insurance associations, and other persons carrying on an insurance business; and3. All executors, administrators, curators, trustees, and other fiduciaries.Such notes, bonds and other obligations shall be authorized security for all public deposits.F. The state and its political subdivisions are authorized to use any funds owned or controlled by them for the purchase of any such notes, bonds or other obligations issued under the Local Development Financing Act.G. Nothing contained in subsections E and F with regard to legal investments shall be construed as relieving any person of any duty of exercising reasonable care in selecting securities.Added by Laws 2004, c. 527, § 3, eff. July 1, 2004.
74 OK Stat § 74-5151 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5151. Short title - Oklahoma Public and Private Facilities and Infrastructure Act.

|This act shall be known and may be cited as the "Oklahoma Public and Private Facilities and Infrastructure Act". |Added by Laws 2017, c. 251, § 1, eff. Nov. 1, 2017.
74 OK Stat § 74-5153 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5153. Eminent domain.

|The Oklahoma Public and Private Facilities and Infrastructure Act does not alter the eminent domain laws of this state or grant the power of eminent domain to any person who is not expressly granted that power under other state law. |Added by Laws 2017, c. 251, § 3, eff. Nov. 1, 2017.
74 OK Stat § 74-5154 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5154. Partnership Committee - Office of Public-Private Partnerhship - Scope of authority.

|A. The Partnership Committee shall have the ability to identify potential public-private partnerships, to review and endorse a short list of qualified bidders, to approve requests for proposals and to approve template contracts before they are sent to bidders. The Partnership Committee shall operate with the assistance of the Office of Public-Private Partnerships. In order to protect the Separation of Power set out in Article IV of the Oklahoma Constitution, the Partnership Committee shall not have the power to enter into any contract, nor shall it have the power to block any contract negotiated by the Director of the Office of Management and Enterprise Services (OMES) and the authorized representative of any responsible state agency. |B. There shall be established within OMES an Office of Public-Private Partnerships, which shall have the authority to charge fees for services it shall render as part of the procedures to establish partnerships in accordance with this act and to receive money to cover its operating expenses and to accomplish the purposes of this act.C. The Director of OMES and the authorized representative of a responsible state agency shall jointly take any action and execute any public-private partnership contract, authorized under this act, for the provision of a public service in order to more efficiently and effectively provide public services, including by generating additional resources in support of those public services and related projects.Added by Laws 2017, c. 251, § 4, eff. Nov. 1, 2017.
74 OK Stat § 74-5156 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5156. Signature requirements for partnership contracts- Receipt and deposit of money received under contracts - Value report to the House and Senate.

|A. Partnership contracts shall be signed by both the Director of the Office of Management and Enterprise Services (OMES) and the authorized representative of the responsible state agency for which the public service at issue in the contract relates. |B. The Director of OMES is authorized to receive and deposit any money received under the contract. Any such contract shall be sufficient to effect its purpose notwithstanding any provision of law to the contrary, including other laws governing the sale, lease or other disposition of property or interests therein, service contracts or financial transactions by or for the state.C. The Office of Public-Private Partnerships shall provide a report to the Speaker of the House of Representatives and the President Pro Tempore of the Senate explaining the value of the contract to the state and describing the procurement process by which the contract was reached.Added by Laws 2017, c. 251, § 6, eff. Nov. 1, 2017.
74 OK Stat § 74-5157 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5157. Exemption from taxation and assessments.

|The exercise of the powers granted by this act will be for the benefit of the people of the state and shall be liberally construed to effect the purposes thereof. As the performance of public services will constitute the performance of essential government functions, any project or part thereof owned by the state and used for performing any public service pursuant to a contract entered into under this act that would be exempt from taxation or assessments in the absence of such contract shall remain exempt from taxation and assessments levied by the state and its subdivisions to the same extent as if not subject to that contract. The gross receipts and income of a successful proposer derived from providing public services under a contract through a project owned by the state shall be exempt from taxation levied by the state and its subdivisions. Any transfer or lease between a proposer and the state of a project or part thereof, or item included or to be included in the project, shall be exempt from any taxes levied if the state is retaining ownership of the project or part thereof that is being transferred or leased. |Added by Laws 2017, c. 251, § 7, eff. Nov. 1, 2017.
74 OK Stat § 74-5158 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5158. Services from outside providers to carry out the Director's powers and duties.

|The Director of the Office of Management and Enterprise Services (OMES), in consultation with the responsible state agency, may retain or contract for the services of commercial appraisers, engineers, investment bankers, financial advisers, accounting experts and other consultants, independent contractors or providers of professional services as are necessary in the judgment of the Director to carry out the Director's powers and duties under this act. This may include the identification of public services and any related projects to be subject to invitations for qualifications or proposals under this act, the development of those invitations and related evaluation criteria, the evaluation of those invitations and the negotiation of any contract under this act. |Added by Laws 2017, c. 251, § 8, eff. Nov. 1, 2017.
74 OK Stat § 74-5161 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5161. Short title - Oklahoma Local Public and Private Facilities and Infrastructure Act.

|This act shall be known and may be cited as the "Oklahoma Local Public and Private Facilities and Infrastructure Act". |Added by Laws 2017, c. 332, § 1, eff. Nov. 1, 2017.NOTE: Editorially renumbered from § 5151 of this title to avoid duplication in numbering.
74 OK Stat § 74-5162 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5162. Definitions.

|As used in the Oklahoma Local Public and Private Facilities and Infrastructure Act: |1. "Contract" means any purchase and sale agreement, lease or other written agreement entered into under this act with respect to the provision of a public project;2. "Improvement" means any instruction, reconstruction, rehabilitation, renovation, installation, improvement, enlargement or extension of property or improvements to property;3. "Private sector entity" means any corporation, whether for profit or not for profit, limited liability company, partnership, limited liability partnership, sole proprietorship, business trust, joint venture or other entity, but shall not mean the state, a political subdivision of the state, or a public or governmental entity, agency or instrumentality of the state;4. "Proposer" means a private sector entity, a local or regional public entity or agency, or any group or combination thereof, submitting qualifications or a proposal for a public-private partnership contract;5. "Public project" means the improvement of real or personal property, or both, and associated services provided for a public purpose of a responsible governmental entity and identified in an invitation for qualifications or proposals under this act; and6. "Responsible governmental entity" means a local governmental entity that is responsible for the provision of the public project which is or is proposed to be the subject of a contract.Added by Laws 2017, c. 332, § 2, eff. Nov. 1, 2017.NOTE: Editorially renumbered from § 5152 of this title to avoid duplication in numbering.
74 OK Stat § 74-5163 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5163. Eminent domain.

|The Oklahoma Local Public and Private Facilities and Infrastructure Act does not alter the eminent domain laws of this state or grant the power of eminent domain to any person who is not expressly granted that power under other state law. |Added by Laws 2017, c. 332, § 3, eff. Nov. 1, 2017.NOTE: Editorially renumbered from § 5153 of this title to avoid duplication in numbering.
74 OK Stat § 74-5164 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5164. Authority to execute contracts - Public purpose.

|A responsible governmental entity may take any action and execute any Public-Private Partnership contract, authorized under this act, for the provision of a public purpose in order to more efficiently and effectively provide public services, including by generating additional resources in support of the public project. |Added by Laws 2017, c. 332, § 4, eff. Nov. 1, 2017.NOTE: Editorially renumbered from § 5154 of this title to avoid duplication in numbering.
74 OK Stat § 74-5165 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5165. Approved Partnership Procurement process - Contract terms and conditions.

|A. The responsible governmental entity may prepare a request for proposal, which may include proposal stipends, and the proposed partnership contract, both of which shall be approved by the responsible governmental entity. After the responsible governmental entity's approval of the request for proposal and the partnership contract, the public project shall be deemed an Approved Partnership Procurement. |B. Partnership contracts may contain the terms and conditions to carry out and effect the purposes of this act, including the duration of the contract, rates or fees for the public project to be provided or methods or procedures for the determination of such rates or fees, standards for the public project to be provided, responsibilities and standards for operation and maintenance of any related public project, required financial assurances, financial and other data reporting requirements, bases and procedures for termination of the contract and retaking of possession or title to the public project, and events of default and remedies upon default, including mandamus, a suit in equity, an action at law, or any combination of those remedial actions.C. Partnership contracts may also include a requirement for the delivery of performance and payment bonds required for all construction activities, and letters of credit, surety bonds or other security in connection with the development or operation of the qualifying public project, in the forms and amounts satisfactory to the responsible governmental entity.D. After proposals are received, the responsible governmental entity, using the criteria established in the request for proposal, shall evaluate the proposals submitted and may hold discussions with proposers to further explore their proposals, the scope and nature of the public project, and the various technical approaches they may take regarding the public project.E. The responsible governmental entity may reject any and all submissions of qualifications or proposals and may terminate the procurement process at any point.F. The responsible governmental entity shall have the authority to make commercially reasonable changes to the partnership contract. Any such contract may contain the terms and conditions to carry out and effect the purposes of this act.G. Any submission not selected by the responsible governmental entity shall be considered intellectual property that shall remain the property of the proposer.Added by Laws 2017, c. 332, § 5, eff. Nov. 1, 2017.NOTE: Editorially renumbered from § 5155 of this title to avoid duplication in numbering.
74 OK Stat § 74-5166 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5166. Signature requirement - Receipt and deposit of money received under contracts.

|A. Partnership contracts shall be signed by an assigned representative of the governmental entity for which the public project at issue in the contract relates. |B. The responsible governmental entity is authorized to receive and deposit any money received under the contract. Any such contract shall be sufficient to effect its purpose notwithstanding any provision of law to the contrary, including other laws governing the sale, lease or other disposition of property or interests therein, service contracts or financial transactions by or for the responsible governmental entity.Added by Laws 2017, c. 332, § 6, eff. Nov. 1, 2017.NOTE: Editorially renumbered from § 5156 of this title to avoid duplication in numbering.
74 OK Stat § 74-5167 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5167. Services from outside providers to carry out the governmental entity's powers and duties.

|The responsible governmental entity may retain or contract for the services of commercial appraisers, engineers, investment bankers, financial advisers, accounting experts and other consultants, independent contractors or providers of professional services as are necessary in the judgment of the responsible governmental entity to carry out the powers and duties under this act. This may include the identification of public projects to be subject to invitations for qualifications or proposals under this act, the development of those invitations and related evaluation criteria, the evaluation of those invitations and the negotiation of any contract under this act. |Added by Laws 2017, c. 332, § 7, eff. Nov. 1, 2017.NOTE: Editorially renumbered from § 5157 of this title to avoid duplication in numbering.
74 OK Stat § 74-5201 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5201. Short Title.

|This act shall be known and may be cited as the “Oklahoma Space Industry Development Act”. |Added by Laws 1999, c. 164, § 1, eff. July 1, 1999.
74 OK Stat § 74-5203 (2021)
2021 Oklahoma Statutes|Title 74. State Government|§74-5203. Oklahoma Space Industry Development Authority – Purpose, function, and responsibility.

|A. Subject to the requirements of Section 6 of this act, there is hereby created for the purpose of establishing commercial and public-use spaceports a body corporate and politic, to be known as the “Oklahoma Space Industry Development Authority”, and by that name the Authority may sue and be sued, and plead and be impleaded. The Authority is hereby constituted an agency of this state, and the exercise by the Authority of the powers conferred by this act shall be deemed to be essential governmental functions of this state with all the attributes thereof. |B. It shall be the purpose, function, and responsibility of the Authority to plan spaceport systems and projects in this state, to promote the development and improvement of space exploration and spaceport facilities, to stimulate the development of space commerce and education, including, but not limited to, the commercialization of the space industry and the development of space-related industries, to promote research and development related to space and space-related industry, and to promote tourism in connection with the foregoing. In carrying out this duty and responsibility, the Authority may advise and cooperate with municipalities, counties, regional authorities, state agencies and organizations, appropriate federal agencies and organizations, and other interested persons and groups.Added by Laws 1999, c. 164, § 3, eff. July 1, 1999.