Senate Bill No. 772 amends existing laws regarding the inventory and disposition of county property in Oklahoma. The bill mandates that the board of county commissioners in each county must take an inventory of all county property, which now includes a broader range of items such as working tools, machinery, equipment, supplies, and information technology devices, with specific cost thresholds set for inventorying these items. The cost threshold for working tools and equipment has been raised from $500 to $2,500, while certain information technology items and firearms remain at a $500 threshold. Additionally, the bill requires the maintenance of continuous inventory records and outlines the process for the disposition of these items, including the need for public notice and bidding procedures.

The bill also introduces new provisions for the sale and trade-in of county property, allowing for more flexibility in how counties can manage their assets. It specifies that the board of county commissioners can sell or trade items required to be inventoried, and it establishes a framework for the sale of real property, including the requirement for a certified appraisal and public bidding. The bill aims to enhance transparency and accountability in the management of county property while ensuring that counties can effectively manage their resources. The act is set to take effect on November 1, 2025.

Statutes affected:
Introduced: 19-421, 19-421.1, 19-1502
Floor (Senate): 19-421, 19-421.1, 19-1502