Oklahoma 2022 Regular Session

Oklahoma Senate Bill SB1529 Compare Versions

Version 1 (Old)

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4		-	An Act
5		-	ENROLLED SENATE
	29	+	HOUSE OF REPRESENTATIVES - FLOOR VERSION
	30	+
	31	+	STATE OF OKLAHOMA
	32	+
	33	+	2nd Session of the 58th Legislature (2022)
	34	+
	35	+	ENGROSSED SENATE
6	36		BILL NO. 1529 By: Leewright of the Senate
7	37
8	38		and
9	39
10	40		Dobrinski of the House
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12	42
13	43
14	44
15	45		An Act relating to the Oklahoma Municipal Powe r
16	46		Authority Act; amending 11 O.S. 202 1, Section 24-104,
17	47		which relates to members; removing certain time
18	48		restraint; updating statutory language; amending 11
19	49		O.S. 2021, Section 24 -105, which relates to
20	50		definitions; modifying definitions; amending 11 O.S.
21	51		2021, Section 24-107, which relates to powers,
22	52		rights, and privileges of Authority; updating
23	53		statutory language; removing certain entities to
24	54		which the Authority may not sell output; removing
25	55		requirement that the Authority be sub ject to the
26	56		Competitive Bidding Act; amending 11 O.S. 2021,
27	57		Section 24-116, which relates to meetings and
28	58		records; updating statutory reference; amending 11
29	59		O.S. 2021, Section 24 -117, which relates to
30	60		construction; modifying certain construction;
31	61		repealing 11 O.S. 2021, Section 24-105.1, which
32	62		relates to joint interest in electric gen eration
33	63		project; repealing 11 O.S. 2021, Section 24 -114,
34	64		which relates to acquisition and construction
35	65		contracts; repealing 11 O.S. 2021, Section 24 -120,
36	66		which relates to personnel to be included in
37	67		unclassified service; updating statutory references;
38	68		and providing an effective date.
39	69
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41	71
42		-	SUBJECT: Oklahoma Municipal Power Authority
43	72
44	73		BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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47		-	ENR. S. B. NO. 1529 Page 2
48	101		SECTION 1. AMENDATORY 11 O.S. 2021, Section 24-104, is
49	102		amended to read as follows:
50		-
51	103		Section 24-104. (a) (i) A. 1. Election Committee. The
52	104		Oklahoma Municipal Po wer Authority shall be governed by a Board of
53	105		Directors consisting of se ven members or such greater number, but in
54	106		no event more than eleven members, as provide d in the bylaws of the
55	107		Authority as in effect from time to t ime. Members of the Board of
56	108		Directors of the Authority shall be eligible to succeed themselves
57	109		and shall be elected by the election committee as hereinafter
58	110		provided in this section. On or befo re the 90th day following the
59	111		effective date of this act June 2, 1981, each of those eligible
60	112		public agencies whic h shall have, prior to such 90th day, by proper
61	113		resolution of its governing body or its public trust, declared its
62	114		intention to participate, or to have any public trust operatin g its
63	115		electric system participate, with the Authority in the development
64	116		of power supply resources, shall designate one person as its
65	117		representative on the election committee. All such resolutions of
66	118		declaration of intention to parti cipate with the Author ity shall be
67	119		filed with the Secretary of State and shall be presented to the
68	120		election committee at its first meeting which shall be held in the
69	121		office of the Municipal Electric Systems of Oklahoma at 11:00 a.m.
70	122		on the first Tuesday fo llowing such 90th day. At such meeting the
71	123		election committee shall organize and elect a chairman an d such
72	124		other officers as may be desirable in the determination of t he
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73	152		election committee. The election committee shall then determine the
74	153		sufficiency of the resolutions present ed to it.
75		-
76	154		(ii) 2. Election Committee Voting. For purposes of voting upon
77	155		any matter which may properly come before the election committee,
78	156		each representative shall have one vote unless otherwise provided in
79	157		the bylaws of the Authority as in effect from time to time. The
80	158		presence at any meeting of the election committee of represe ntatives
81	159		entitled to cast a majority of the total votes to which th e election
82	160		committee shall be entitled shall, unless otherwise provided in the
83	161		bylaws of the Authority as in effect from time to time, constitute a
84	162		quorum of the election committee.
85		-
86	163		(iii)
87		-
88	164		3. Bylaws of the Authority.
89		-
90		-
91		-	ENR. S. B. NO. 1529 Page 3
92	165		(A)
93		-
94	166		a. The bylaws of the Authority shal l be adopted by the
95	167		election committee of the Authority by a majority vote
96	168		of the election committ ee and may thereafter be
97	169		amended at any time and from time to time in whole or
98	170		in part by the election committee or by the Board of
99	171		Directors by a majority of the total votes entitled to
100	172		be cast at any properly called and constituted meeting
101	173		thereof,; provided, however, that any such amend ment
102	174		shall not violate the provisions of Section 19 hereof
103	175		24-119 of this title.
104	176
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105	203		(B)
106		-
107	204		b. The bylaws of the Authority shall provide the
108	205		following:
109		-
110	206		(1) the time, place, manner of calling, notice,
111	207		quorum and voting provisions, and other
112	208		procedural rules for regular and special meetings
113	209		of the election committee of the Authority;,
114		-
115	210		(2) the time, place, manner of calling, noti ce,
116	211		quorum and voting provisio ns, and other
117	212		procedural rules for regular and special meetings
118	213		of the Board of Director s of the Authority;,
119		-
120	214		(3) provisions for the number, election, term of
121	215		office and removal of members of the Board of
122	216		Directors and for fill ing vacancies on the Board
123	217		of Directors;,
124		-
125	218		(4) the titles, duties and manner of election,
126	219		removal and replacement of of ficers of the
127	220		Authority;,
128		-
129	221		(5) provisions governing when the Authority may
130	222		dissolve and the disposition of property of the
131	223		Authority and the procedures to be followed in
132	224		the event of such a dissolution ,; provided,
133	225		however, that any such dissolution shall no t
134	226
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136	253		violate the provisions of Section 19 hereof; 24-
137	254		119 of this title, and
138		-
139	255		(6) such other rules for regulating the affairs of
140	256		the Authority as the election committee or the
141	257		Board of Directors may deem necessary or
142	258		advisable.
143		-
144	259		(iv)
145		-
146	260		4. Board of Directors. The initial members of the B oard of
147	261		Directors of the Authority sha ll be elected by the election
148	262		committee of the Authority. Members of the Board of Directors of
149	263		the Authority shall be residents of the State of Oklahoma this
150	264		state. Members of the Board of Di rectors of the Authority may, but
151	265		need not, be members of the election committee. Each member of the
152	266		Board of Directors of the Authority shall hold office until the
153	267		adjournment of the annual meeting of the Board of Directors held at,
154	268		or nearest to, the ex piration of his the Director’s term of office
155	269		as provided in the bylaws of the Authority and until his a successor
156	270		is elected.
157		-
158	271		(b)
159		-
160	272		B. Additional Members of Election Committee. Each eligible
161	273		public agency declaring its intention, by proper resolution of i ts
162	274		governing body, to par ticipate, or to have any public trust
163	275		operating its electric system participate, with the Authority in the
164	276		development of power supply resources after the 90th day following
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165	304		the effective date of this act shall promptly file such r esolution
166	305		with the Secretary of State and give written notice to the Authority
167	306		of the adoption of such resolution and shall then designate one
168	307		person as an additional member of the election committee whose term
169	308		shall begin with the first meeting of the ele ction committee which
170	309		is held following the expiration of ten (10) days from the date of
171	310		receipt of notice of the adoption of such resolution by th e
172	311		Authority. Members of the election committee shall serve at the
173	312		pleasure of the governing body of the elig ible public agency by
174	313		which they were appointed.
175		-
176	314		SECTION 2. AMENDATORY 11 O.S. 2021, Section 24-105, is
177	315		amended to read as follows:
178		-
179		-	ENR. S. B. NO. 1529 Page 5
180		-
181	316		Section 24-105. Definitions. As used in this act Section 24-
182	317		101 et seq. of this title the following words shall have the
183	318		following meanings unless the context clearly indicates otherwise:
184		-
185	319		(a) A. “Authority” shall mean the Oklahoma Municipal P ower
186	320		Authority hereby created and any successor or successors thereto.
187	321		Any change in name or composition of the Authority shall in no way
188	322		affect the vested rights of any person under the provisions of this
189	323		act Section 24-101 et seq. of this title or impair the obligations
190	324		of any contracts existing under this act Section 24-101 et seq. of
191	325		this title.
192		-
193	326		(b) B. “Board of Directors” shall mean the Board of Directors
194	327		elected by the election committee as set forth in Section 4 24-104
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195	355		of this act title which shall exercise all the powers and manage a nd
196	356		control all the affairs and property of the Authority unless
197	357		otherwise specifically provided herein or in the bylaws of the
198	358		Authority as in effect from time to time.
199		-
200	359		(c) C. “Bonds” shall mean any revenue bon ds, notes or other
201	360		evidences of obligations o f the Authority issued by the Authority
202	361		under the provisions of this act, the Oklahoma Municipal Power
203	362		Authority Act including, without limit ation, bond anticipation notes
204	363		and refunding bonds.
205		-
206	364		(d) D. “Eligible public agency ” shall mean any municipality,
207	365		authority or other public body which owns, m aintains or operates an
208	366		electrical energy generation, transmission or distribution system
209	367		within the State of Oklahom a on the date on which this act becomes
210	368		law this state.
211		-
212	369		(e) E. “Person” shall mean (i) any natural person; (ii) any
213	370		eligible public agency as defined herein; (iii) any public trust as
214	371		defined herein; (iv) the United States, any state, any municipality,
215	372		political subdivision, municipal corporation, unit of local
216	373		government, governmen tal unit or public corporation created by or
217	374		pursuant to the laws of the United States or any state, or any
218	375		board, corporation or other entity or body declared by the laws of
219	376		the United States or any state to be a department, agency or
220	377		instrumentality ther eof; (v) any corporation, not for profit
221	378		corporation, firm, partnership, cooperative association, electric
222	379
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224	406		cooperative or business trust of any nature whatsoever organized and
225	407		existing under the laws of the United States or any state; or (vi)
226	408		any foreign country, any political subdivision or governmental unit
227	409		of any foreign country or any corporation, not for profit
228	410		corporation, firm, partnership, cooperative association, elect ric
229	411		cooperative or business trust of any nature whatsoever organized and
230	412		existing under the laws of any foreign country or of any political
231	413		subdivision or governmental entity thereof.
232		-
233	414		(f) F. “Project” shall mean any plant, works, system,
234	415		facilities and real and personal property of any nature whatsoever,
235	416		together with all parts thereof a nd appurtenances thereto, located
236	417		within or without the State of Oklahoma this state, used or useful
237	418		in the generation, production, transmission, purchase, sale,
238	419		exchange or interchange of electrical energy and in the acquisition,
239	420		extraction, processing, transportati on or storage or of fuel of any
240	421		kind for any such purposes or any interest in, or right to the use,
241	422		services, output or capacity, of any such plant, works, system or
242	423		facilities; provided, however, a project shall not include (i) any
243	424		interest in any plant f or the generation of electrical energy which
244	425		is to be owned jointly with any investor-owned utility if such plant
245	426		is not existing on May 10, 1981, or (ii) any inte rest in any nuclear
246	427		powered generating plant. For purposes of this definition, a plant
247	428		shall be considered to be existing if construction shall have been
248	429		commenced at the plant site, if orders have been placed for major
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249	457		components of equipment or if the p lant is to consist of an
250	458		additional unit at the site of an already existing unit which will
251	459		use in common any of the existing facilities at such site.
252		-
253	460		(g) G. “Public trust” shall mean any public trust created and
254	461		existing under the provisions of the Trust s for Furtherance of
255	462		Public Functions Law, as provided by Sections Section 176 et seq. of
256	463		Title 60 of the Oklahoma Statutes, and the Oklahoma Trust Act, as
257	464		provided by Sections 175 Section 175.1 et seq. of Title 60 of the
258	465		Oklahoma Statutes, which has as it s beneficiary a municipality and
259	466		which owns, maintains or operates an electrical energy generation,
260	467		transmission or distribution system serving the residents and
261	468		consumers of such municipality and existing on the date on which
262	469		this act becomes law or creat ed hereafter with an eligible public
263	470		agency as the beneficiary.
264		-
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266		-	ENR. S. B. NO. 1529 Page 7
267	471		SECTION 3. AMENDATORY 11 O.S. 2021, Section 24-107, is
268	472		amended to read as follows:
269		-
270	473		Section 24-107. (a) A. The Authority shall have and is hereby
271	474		authorized to exercise all powers, rights and privileges enumerated
272	475		in this section. Such powers, rights and privileges shall be
273	476		exercised by its Board of Directors unless oth erwise specifically
274	477		provided herein or by the bylaws of the Authority as in effect from
275	478		time to time.
276		-
277	479		(b) B. The Authority may plan, finance, acquire, construct,
278	480		reconstruct, own, lease, operate, maintain, repair, i mprove, extend
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279	508		or otherwise participate, individually or jointly with other
280	509		persons, in one or more projects, proposed, existing or under
281	510		construction, and may act as agent, or designate one or more
282	511		persons, whether or not participating in a project, to ac t as its
283	512		agent, in connection with the planning, financing, acquisition,
284	513		construction, reconstruction, ownership, lease, operation,
285	514		maintenance, repair, extension or improvement of the project.
286		-
287	515		(c) C. The Authority may investigate the desirability of and
288	516		necessity for additional sources and supplies of electrical energy
289	517		and fuel and other supplies of any kind for such purpose, and make
290	518		studies, surveys and estimates as may be necessary to determine the
291	519		feasibility and cost thereof.
292		-
293	520		(d) D. The Authority may cooperate with other persons in the
294	521		development of sources and supplies of electrical energy and fuel
295	522		and other supplies of any kind for such purposes, and give
296	523		assistance with personnel and equipment in any project.
297		-
298	524		(e) E. The Authority may apply to an y person for consents,
299	525		authorizations or approvals required for any project within its
300	526		powers and take all actions necessary to comply with the conditions
301	527		thereof.
302		-
303	528		(f) F. The Authority may perform any act authorized by this act
304	529		the Oklahoma Municipal Power Authority Act through, or by means of,
305	530		its officers, agents or employees or by contract with any person,
306	531		including, without limitation, t he employment of engineers,
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307	559		architects, attorneys, appraisers, financial advisors and such oth er
308	560		consultants and employees as may be required in the judgment of the
309		-
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311	561		Board of Directors, and fix and pay their compensation from funds
312	562		available to the Authorit y therefor.
313		-
314	563		(g) G. The Authority may acquire, hold, use and dispose of
315	564		income, revenues, fund s and money.
316		-
317	565		(h) H. The Authority may, individually or jointly wi th other
318	566		persons, acquire, own, hire, use, operate and dispose of personal
319	567		property and any inte rest therein.
320		-
321	568		(i) I. The Authority may, individually or jointly with other
322	569		persons, acquire, own, use, lease as l essor or lessee, operate and
323	570		dispose of real property and interests in real property, including
324	571		projects existing, proposed or under construct ion, and make
325	572		improvements thereon.
326		-
327	573		(j) J. The Authority may grant the use by franchise, leas e or
328	574		otherwise and make charges for the use of any property or fac ility
329	575		owned or controlled by it.
330		-
331	576		(k) K. The Authority may borrow money and issue negotiable
332	577		bonds, secured or unsecured, in accordance with this act Section 24-
333	578		101 et seq. of this title , and may enter into interest rate swaps
334	579		and other derivative produ cts, and other financial instruments
335	580		intended to hedge interest rate risk or man age interest rate costs,
336	581		including any option to enter into or terminate any of them, that
337	582		the Authority deems to be necessary or desirable in connect ion with
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338	610		any bonds issued prior to, at the same time as, or af ter entering
339	611		into such arrangement, and cont aining such terms and provisions, and
340	612		may be with such parties, as determ ined by the Authority. Provided,
341	613		any action taken by the Authority pursuant to this subsection must
342	614		first be approved by the Office of the State Bond Advisor Deputy
343	615		Treasurer for Debt Management and the Council of Bond Oversight
344	616		pursuant to the provisions of the Oklahoma Bond Oversight and Reform
345	617		Act.
346		-
347	618		(l) L. The Authority may inv est money of the Authority no t
348	619		required for immediate use , including proceeds from the sale of any
349	620		bonds.
350		-
351	621		(m) M. The Authority may exercise the power of eminent domain
352	622		in accordance with the provisions of Section 24-110 of this title.
353		-
354		-	ENR. S. B. NO. 1529 Page 9
355		-
356	623		(n) N. The Authority may determine the location and ch aracter
357	624		of, and all other matters in connection with, any and all proje cts
358	625		it is authorized to acquire, hold, establish, effectuate, operate or
359	626		control.
360		-
361	627		(o) O. The Authority may contract with any person for the
362	628		planning, development, construction, operation , sale or lease as
363	629		lessor or lessee of any project or for any interes t therein, on such
364	630		terms and for such period of time as i ts Board of Directors shall
365	631		determine.
366		-
367	632		(p) P. The Authority may contract with any eligible p ublic
368	633		agency, any public trust, or an y other person for the sa le of power
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369	661		and energy, transmission service s, power supply development services
370	662		or other services withi n or without the State of Oklahoma this state
371	663		on such terms and conditions as the Board of Directors shall
372	664		approve. Any such c ontract may be for the sale of output and
373	665		services of a particular pr oject or may be for output and services
374	666		generally without regard to a s pecific project and may be for the
375	667		supply of a specific quantity of output or a percentage of the
376	668		output of a specific project or other specific facility or may be
377	669		based on the requirem ents of the purchaser or may be on such other
378	670		terms and conditions as t he Board of Directors deems appropriate.
379		-
380	671		(q) Q. The Authority may enter into any contract or agreement
381	672		necessary, appropriate or incidental to the effectuation of its
382	673		lawful purposes and the exercise of the powers granted by this act,
383	674		the Oklahoma Municipal Power Authority Act including, without
384	675		limitation, contracts or agreements for the purchase, sale,
385	676		exchange, interchange, wheeling, pooling, transmission or storage of
386	677		electric power and energy, and fuel and other supplies of any kind
387	678		for any such purposes, within and without the State of Oklahoma this
388	679		state, in such amounts as it shall determine to be necessary and
389	680		appropriate to make the m ost effective use of its powers and to meet
390	681		its responsibilities, on such terms and for such period of time as
391	682		the Board of Directors determines, and derivative or other
392	683		instruments intended to hedge fuel cost risk associated with any
393	684		projects or power pur chases or supply arrangements of the Authority,
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394	712		or to hedge fixed or variable interest rate exposure associated with
395	713		permitted investments, including any option to enter in to or
396	714		terminate any of them, that the Authority deems to be necessary or
397		-
398		-	ENR. S. B. NO. 1529 Page 10
399	715		desirable, and containing such terms and provisions, and m ay be with
400	716		such parties, as determined by the Authority.
401		-
402	717		(r) R. In any case in which the Authority participates in a
403	718		project as a joint owner with one or more persons, the Authority m ay
404	719		enter into an agreemen t or agreements with respect to such project
405	720		with the other person or persons participating therein, and any such
406	721		agreement may contain such terms, conditions and provisions
407	722		consistent with the provisions of the act as the parties thereto
408	723		shall deem to be in their best interest. Any such agreement may
409	724		include, but need not be limited to, provisions defining what
410	725		constitutes a default thereunder and providing for the rights and
411	726		remedies of the parties thereto upon the occurrence of such a
412	727		default deemed appropriate by the Board of Directors including, t o
413	728		the extent deemed appropriate, the acquisition by nondefaulting
414	729		parties of all or any part of the defaulting party ’s interest;
415	730		provisions setting forth such restraints on alienation of the
416	731		interests of the parties in the project as the Board of Directors
417	732		deems appropriate; provisions for the construction, operation and
418	733		maintenance of such electric generation or transmission facil ity by
419	734		any one or more of the parties to such agreement which party or
420	735		parties shall be designated in or pursuant to such agreem ent as
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421	763		agent or parties thereto or by such other means as may be determined
422	764		by the parties thereto; and provisions for a method or methods of
423	765		determining and allocating, among or betwe en the parties, costs of
424	766		construction, operation, maintenance, renewals, replacements,
425	767		improvements and disposals with respect to such project. In
426	768		exercising its power to participate in a project as a joint owner
427	769		with one or more persons, the Authority ma y not loan its credit to
428	770		any person which is a joint owner of such proje ct; provided,
429	771		however, the appropriate allocations of the costs of construction,
430	772		operation, maintenance, renewals, replacements, improvements and
431	773		disposals with respect to such project between the Authority an d
432	774		such persons shall not be a loan of credit by the Authority to such
433	775		persons. In carrying out its functions and activities as such agent
434	776		with respect to construction, operat ion and maintenance of a
435	777		project, such agent shall be go verned by the laws and re gulations
436	778		applicable to such agent as a separat e legal entity and not by any
437	779		laws or regulations which may be applicable to any of the other
438	780		participating parties. Notwithsta nding anything contained in any
439	781		other law to the contrar y, pursuant to the terms of any such
440	782		agreement, the Authority may delega te its powers and duties with
441		-
442		-	ENR. S. B. NO. 1529 Page 11
443	783		respect to the construction, operation and maintenance of such
444	784		project to the person acting as age nt; and all actions taken by such
445	785		agent in accordance wi th the provisions of such agreement may be
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446	813		made binding upon the Authori ty without further action or approval
447	814		by the Authority.
448		-
449	815		(s) S. The Authority may procure insurance against any losses
450	816		in connection with its property, operations or assets in such
451	817		amounts and from such insure rs as it deems desirable, or may self -
452	818		insure against such losses.
453		-
454	819		(t) T. The Authority may contract for and accept any gifts,
455	820		grants or loans of funds or property or financial or o ther aid in
456	821		any form from any person, and may comp ly, subject to the provis ions
457	822		of this act the Oklahoma Municipal Power Authority Act, with the
458	823		terms and conditions thereof.
459		-
460	824		(u) U. The Authority may adopt a corporate seal and may sue or
461	825		be sued.
462		-
463	826		(v) V. The Authority may exercise all other powers not
464	827		inconsistent with the Oklahoma Constitution of the State of Oklahoma
465	828		or the United States Constitution, which powers may be reasonably
466	829		necessary or appropriate for or incidental to effectuate its
467	830		authorized purposes or to the ex ercise of any of the powers
468	831		enumerated in this act the Oklahoma Municipal Power Authority Act.
469		-
470	832		(w) W. Notwithstanding any other provision herein seemingly to
471	833		the contrary, the Authority may not sell output (i) at retail to the
472	834		ultimate consumers thereof, or (ii) to any municipality wh ich does
473	835		not qualify as an eligible public agency under t he definition set
474	836		forth in subsection (d) of Section 24-105 of this title, or (iii) to
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475	864		any trust created and existing under the provisions of the Local
476	865		Industrial Development Act, as provided by Sect ions 651 et seq. of
477	866		Title 62 of the Oklahoma Statutes, or the Trusts for Furtherance of
478	867		Public Functions Law, as provided by S ections 176 et seq. of Title
479	868		60 of the Oklahoma Statutes, which does not qualify as a public
480	869		trust under the definition set forth in subsection (g) of Section
481	870		24-105 of this title own an electrical energy distribution system.
482		-
483	871		SECTION 4. AMENDATORY 11 O.S. 2021, Section 24-116, is
484	872		amended to read as follo ws:
485		-
486		-	ENR. S. B. NO. 1529 Page 12
487		-
488	873		Section 24-116. Meetings and Records. All meetings of the
489	874		Authority shall be subject to the provisions of the Ok lahoma Open
490	875		Meeting Act, as provided by Sections Section 301 et seq. of Title 2 5
491	876		of the Oklahoma Statutes. All records of the Auth ority shall be
492	877		subject to the provisions of Section 24 of the Oklahoma Open Records
493	878		Act, as provided by Section 24A.1 et seq. of Title 51 of the
494	879		Oklahoma Statutes.
495		-
496	880		SECTION 5. AMENDATORY 11 O.S. 2021, Section 24-117, is
497	881		amended to read as follows:
498		-
499	882		Section 24-117. Construction. This act Section 24-101 et seq.
500	883		of this title and all the terms and provisions hereof shall be
501	884		liberally construed to effectuate the purposes set forth herein;
502	885		provided, however, nothing in this act the Oklahoma Municipal Power
503	886		Authority Act shall be construed to autho rize the Authority to loa n
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504	914		its credit to any investor-owned utility nor to acquire or subsidize
505	915		any nuclear powered generating plant .
506		-
507	916		SECTION 6. REPEALER 11 O.S. 2021, Section 24-105.1, is
508	917		hereby repealed.
509		-
510	918		SECTION 7. REPEALER 11 O.S. 2021, Section 24-114, is
511	919		hereby repealed.
512		-
513	920		SECTION 8. REPEALER 11 O.S. 2021, Section 24-120, is
514	921		hereby repealed.
515		-
516	922		SECTION 9. This act shall become effective November 1, 2022.
517	923
518		-
519		-	ENR. S. B. NO. 1529 Page 13
520		-	Passed the Senate the 9th day of March, 2022.
521		-
522		-
523		-
524		-	Presiding Officer of the Senate
525		-
526		-
527		-	Passed the House of Representatives the 20th day of April, 2022.
528		-
529		-
530		-
531		-	Presiding Officer of the House
532		-	of Representatives
533		-
534		-	OFFICE OF THE GOVERNOR
535		-	Received by the Office of the Governor this ____________________
536		-	day of _________________ __, 20_______, at _______ o'clock _______ M.
537		-	By: _______________________________ __
538		-	Approved by the Governor of the State of Oklahoma this _____ ____
539		-	day of _________________ __, 20_______, at _______ o'clock ___ ____ M.
540		-
541		-	_________________________________
542		-	Governor of the State of Oklahoma
543		-
544		-
545		-	OFFICE OF THE SECRETARY OF STATE
546		-	Received by the Office of the Secretary of State this _______ ___
547		-	day of __________________, 20 _______, at _______ o'clock _______ M.
548		-	By: _______________________________ __
	924	+	COMMITTEE REPORT BY: COMMITTEE ON ENERGY AND NATURAL RESOURCES,
	925	+	dated 04/07/2022 - DO PASS.