Oklahoma Statutes

§ 74-61.8 — Reduction of property owned and leased by the state.

Oklahoma § 74-61.8
JurisdictionOklahoma
Title 74State Government

This text of Oklahoma § 74-61.8 (Reduction of property owned and leased by the state.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Okla. Stat. tit. 74, § 74-61.8 (2026).

Text

A.The Long-Range Capital Planning Commission shall work to decrease the amount of property owned by Oklahoma state government, return state-owned property to private sector ownership, better maintain and utilize the state’s needed capital assets, and, whenever possible, eliminate the practice of state agencies leasing real property not owned by the state.
B.Each year, the Director of the Office of Management and Enterprise Services, at the direction of the Long-Range Capital Planning Commission, shall take action to approve the privatization of state-owned real property as identified pursuant to the Oklahoma State Government Asset Reduction and Cost Savings Program. Proceeds from the liquidation of real properties shall be deposited into the Maintenance of State Buildings Revolving Fund.

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Legislative History

Added by Laws 2013, c. 209, § 2, eff. July 1, 2013. Amended by Laws 2014, c. 286, § 1, eff. Nov. 1, 2014; Laws 2015, c. 54, § 37, emerg. eff. April 10, 2015; Laws 2025, c. 194, § 1, emerg. eff. May 14, 2025. NOTE: Laws 2014, c. 248, § 3 repealed by Laws 2015, c. 54, § 38, emerg. eff. April 10, 2015.

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Bluebook (online)
Oklahoma § 74-61.8, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/74/74-61.8.