This bill amends existing Oklahoma statutes to exempt the Oklahoma Historical Society from the Oklahoma State Government Asset Reduction and Cost Savings Program and the Long-Range Capital Planning Commission's requirements. Specifically, it modifies 62 O.S. 2021, Section 908, to include the Oklahoma Historical Society among the entities exempt from compliance with the reporting provisions of the asset reduction program. Additionally, it amends 74 O.S. 2021, Section 61.8, to ensure that any state-owned properties associated with the Oklahoma Historical Society are not subject to the same privatization and reporting requirements as other state properties.

The bill also includes provisions that require the Office of Management and Enterprise Services to notify the Oklahoma Historical Society and obtain its approval before the sale of any property that is owned by the Society or is of historical significance. The effective date for this legislation is set for November 1, 2025. Overall, the bill aims to protect the interests of the Oklahoma Historical Society by exempting it from certain state asset management processes.

Statutes affected:
Introduced: 62-908