Infrastructure Plan Without Bonds Approved

The Oklahoma Senate approved an infrastructure renewal plan aimed at reducing state bond issues last week. The vote was 49-3.

Amendments to the measure, sponsored by House Speaker T.W. Shannon, R-Lawton, will be considered this week by the House. The House approved its version of House Bill 1910 in early March.

“It’s time we address our state’s crumbling infrastructure and do so without borrowing against our children’s future,” Shannon said.

“For too long we have neglected state buildings to point of decay, and now we will have the ability to address these needs without taking on bonds and unnecessary debt.”

The new Long-Range Capital Planning Commission will initially focus on repairs to the state capitol. When that work is completed, the commission will determine which state facilities will be funded with proceeds from the sale of surplus properties.

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