Okla. bill paves way for sale of state assets - KSWO, Lawton, OK- Wichita Falls, TX: News, Weather, Sports. ABC, 24/7, Telemundo -

Okla. bill paves way for sale of state assets

OKLAHOMA CITY (AP) _ A bill to create an eight-year state infrastructure plan and pave the way for the sale of some state-owned assets has passed the Oklahoma House.

The House voted 66-23 on Tuesday for the bill by House Speaker T.W. Shannon.

The bill would put the Long-Range Capital Planning Commission in charge of selling state assets that were determined to be underused. The commission would be directed to develop an eight-year plan for prioritizing state assets that are in need of physical repairs.

A separate state agency _ the Office of Management and Enterprise Services _ already has been charged with identifying some of the state's most underutilized assets.

Shannon says part of the goal of the measure is to reduce the need for state debt.

Powered by Frankly