1 STATE OF OKLAHOMA
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2 1st Session of the 59th Legislature (2023)
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3 SENATE BILL 519 By: Pugh
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6 AS INTRODUCED
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7 An Act relating to Commissioners of the Land Office;
7 amending 64 O.S. 2021, Section 1002, which relates to
8 powers and authority of the Commissioners; allowing
8 the Commissioners to lease certain property to
9 certain schools; providing an effective date; and
9 declaring an emergency.
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12 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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13 SECTION 1. AMENDATORY 64 O.S. 2021, Section 1002, is
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14 amended to read as follows:
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15 Section 1002. In order that the state school lands may be
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16 administered in a manner to assure their preservation as well as the
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17 appreciation of the trust estate and the maximum return from the use
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18 of state school lands for the support and maintenance of the common
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19 schools of the state, the Commissioners of the Land Office, as
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20 trustees of the state school lands, are hereby authorized and
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21 empowered to:
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22 1. Categorize the state school lands as agricultural or
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23 commercial according to the use which the Commissioners of the Land
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 1 Office determine from time to time to be most beneficial to the
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2 interest of the present and future beneficiaries of the state;
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3 2. Sell, at public auction after appraisement, the surface
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4 interest in any state school land categorized by the Commissioners
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5 of the Land Office to be excess or when determined to be in the best
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6 interest of the trust;
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7 3. Institute projects to develop and improve those state school
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8 lands which are categorized as commercial lands;
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9 4. Acquire by exchange, purchase, gift, or grant all real
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10 property and to acquire by exchange, purchase, gift, or grant all
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11 personal property necessary for the purpose of utilizing trust lands
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12 for the development of commercial and agricultural leases to
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13 maximize trust income for present and future beneficiaries; and
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14 5. Exchange any real property of the trust for other real
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15 property of equal or greater value to maximize income for present
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16 and future beneficiaries, in accordance with and under the safeguard
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17 of trust requirements; and
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18 6. Lease real property to a charter school formed pursuant to
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19 the Oklahoma Charter Schools Act. The Commissioners of the Land
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20 Office shall provide a right of first refusal to a charter school
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21 located in the same county or an adjacent county as the real
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22 property available for lease.
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23 SECTION 2. This act shall become effective July 1, 2023.
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 1 SECTION 3. It being immediately necessary for the preservation
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2 of the public peace, health, or safety, an emergency is hereby
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3 declared to exist, by reason whereof this act shall take effect and
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4 be in full force from and after its passage and approval.
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6 59-1-564 EB 1/17/2023 5:00:10 PM
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