Oklahoma § 62-901 - Long-Range Capital Planning Commission - Annual state

Full text of Oklahoma Oklahoma Statutes § 62-901 — Long-Range Capital Planning Commission - Annual state, with citation guidance and answers to common questions.

§ 62-901. Long-Range Capital Planning Commission - Annual state

capital plan - Capital budget.

A. There is hereby created a Long-Range Capital Planning

Commission to advise and assist the Legislature in providing for

real property capital facility needs for this state. The Commission

shall consist of nine (9) members as follows:

1. Three members appointed by the President Pro Tempore of the

Senate;

2. Three members appointed by the Speaker of the House of

Representatives; and

3. Three members appointed by the Governor.

All appointees shall be from the public at large. Within thirty

(30) days of July 1, 2013, the appointing authorities shall appoint

new members to the Commission; provided, a member serving on July 1,

2013, may be reappointed if he or she is otherwise qualified. Of

the members initially appointed by each appointing authority after

July 1, 2013, one shall be appointed for a one-year term, one shall

be appointed for a two-year term and one shall be appointed for a

three-year term. Thereafter, their successors shall be appointed

for four-year terms. Any vacancy shall be filled for the remainder

of the unexpired term in the same manner as the original

Oklahoma Statutes - Title 62. Public Finance

appointment. The appointing authorities shall appoint members who

possess knowledge, skills and abilities to perform the duties of the

Commission. No member of the Commission shall be interested,

directly or indirectly, in any contract entered into for a project

approved by the Commission during the period of service of the

member, nor shall any person be appointed as a member of the

Commission if such person is interested, directly or indirectly, in

a contract entered into for a project approved prior to the

appointment. An indirect interest shall include, but not be limited

to, an interest of an immediate family member of the member of the

Commission or a business with which the member of the Commission is

associated.

B. A chair of the Commission shall be elected from its

membership. Five members of the Commission shall constitute a

quorum. Members of the Commission shall serve without compensation,

but shall be entitled to reimbursement, pursuant to the State Travel

Reimbursement Act, for expenses incurred in the performance of their

duties.

C. Initial appointments to the Commission shall be made within

thirty (30) days of May 28, 1992.

D. The Commission shall have the authority to promulgate rules

and regulations necessary to implement the provisions of the State

Capital Improvement Planning Act.

E. The Office of Management and Enterprise Services, with the

advice and assistance of the Deputy Treasurer for Debt Management,

shall provide staffing for the Commission and other such assistance

as the Commission may require.

F. 1. The Commission shall prepare each year an annual capital

plan budget and a state capital plan for addressing state capital

facility needs for the next ensuing eight (8) years. The Oklahoma

State Regents for Higher Education and each state governmental

entity as defined in Section 695.3 of this title shall cooperate

with the Commission in the preparation of the state plan. Each

year, on or about December 1, the plan shall be submitted to the

Governor, Speaker of the House of Representatives and President Pro

Tempore of the Senate. The Long-Range Capital Planning Commission

shall annually update the eight-year plan. The Office of Management

and Enterprise Services shall perform routine services to support

the eight-year plan, including, but not limited to, agency-level

planning, real estate services, construction services and facility

operations as provided by law.

2. In addition to the requirements set forth in Section 901.1

of this title, the capital plan should:

a.

supplement and integrate, not replace, existing

capital planning processes,

Oklahoma Statutes - Title 62. Public Finance

b.

c.

d.

e.

f.

g.

h.

i.

j.

k.

l.

assess long-term needs for capital facilities to

support state government needs as determined by the

Commission,

review and assess the inventory of capital facilities

held by the state, and make recommendations on

reallocation, reuse or liquidation of properties for

incorporation into the annual capital plan,

include a projection of economic and demographic

trends likely to influence the needs of state

government during the eight-year period,

address agency strategic facility plans for new,

improved, renovated, or expanded capital facilities or

facilities that should be reallocated or liquidated,

include estimates of life cycle costs for new and

substantially expanded or renovated facilities,

evaluate the effectiveness of planning processes at

the agency level to account for all capital facility

costs for incorporation into the annual capital

budget,

account for projections of debt service and revenues

available from general obligation bonds and other

sources, including, but not limited to, the

Maintenance of State Buildings Revolving Fund,

analyze the capacity of the state to incur debt or

finance public capital facilities,

include a comprehensive listing of all capital

expenditures of the state which the Commission

recommends be undertaken or continued for any state

agency in the next two (2) fiscal years, together with

information as to the effect of such capital projects

on future operating expenses of the state, and with

recommendations as to the priority of such capital

projects and the means of funding them,

forecast the requirements for capital projects of

state agencies for the eight-year period and for such

additional periods, if any, as may be necessary or

desirable for adequate presentation of particular

capital projects, and include a schedule for the

planning and implementation or construction of such

capital projects,

set forth a proposed itemized budget for the next

fiscal year of recommended capital expenditures

inclusive of all funding sources, for each agency,

including facility rent and lease payments, energy and

utility expenditures, operations and maintenance,

capital improvements and capital development projects

Oklahoma Statutes - Title 62. Public Finance

as necessary to optimize and preserve the state’s

capital assets,

m.

include the findings of the Oklahoma State Government

Asset Reduction and Cost Savings Program and the

indexing of the most necessary capital improvements to

the expenditure of funds from the Maintenance of State

Buildings Revolving Fund,

n.

include such other information as the Commission deems

relevant to its duties, and

o.

include findings of the Oklahoma State Government

Asset Reduction and Cost Savings Program and the

indexing of the most necessary capital improvements to

the expenditure of funds from the Maintenance of State

Buildings Revolving Fund.

G. The capital plan budget shall include, for each expenditure

and class of expenditures, the capital facility costs to be incurred

during the next ensuing fiscal year, inclusive of the annual

operating and maintenance costs of such facilities and a schedule of

depreciation calculated in accordance with the principles and

standards of capital budgeting authorized by subsection H of this

section.

H. The Commission, with the assistance of the Office of

Management and Enterprise Services, shall prepare and publish rules

and regulations that set forth principles and standards for capital

planning and budgeting to be used by state agencies. The rules and

regulations shall set forth definitions of relevant terms to be used

in the capital planning and budgeting processes, establish

accounting standards and standards for costs and benefits of public

facility investments.

I. 1. The Commission, the Office of Management and Enterprise

Services, and the Deputy Treasurer for Debt Management may request

the assistance of such personnel of any state agency in order to

perform their duties pursuant to the State Capital Improvement

Planning Act and such agencies shall respond and provide any such

assistance as may be required. The Commission may use existing

studies, surveys, plans, data and other materials in the possession

of any state agency. Each such agency shall make the same available

to the Commission so that the Commission may have available to it

current information with respect to the capital plans and programs

of each such agency.

2. The officers and personnel of any state agency may serve at

the request of the Commission upon such advisory committees as the

Commission may create and such officers and personnel may serve upon

such committees without forfeiture of office or employment and with

no loss or diminution of the compensation, status, rights and

privileges which they otherwise enjoy.

Oklahoma Statutes - Title 62. Public Finance

J. This section shall not be applicable to the following or

their lands, properties, buildings, funds or revenue:

1. The Oklahoma Ordnance Works Authority; and

2. The Commissioners of the Land Office.

K. The Commission shall develop plans, adopt authorizations,

and fulfill the duties required pursuant to Section 188A of Title 73

of the Oklahoma Statutes.

Added by Laws 1992, c. 330, § 2, emerg. eff. May 28, 1992. Amended

by Laws 2001, c. 33, § 57, eff. July 1, 2001; Laws 2012, c. 288, §

1, eff. Nov. 1, 2012; Laws 2013, c. 15, § 68, emerg. eff. April 8,

2013; Laws 2013, c. 209, § 9, eff. July 1, 2013; Laws 2025, c. 439,

§ 1, eff. July 1, 2025.

NOTE: Laws 2012, c. 304, § 469 repealed by Laws 2013, c. 15, § 69,

emerg. eff. April 8, 2013.

Source: official Oklahoma text · Last verified 2026-08-27

Frequently Asked Questions About Oklahoma § 62-901

What does Oklahoma Statutes § 62-901 cover?

Section 62-901 ("Long-Range Capital Planning Commission - Annual state") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Oklahoma § 62-901?

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Is this the official text of Oklahoma law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.

How does Oklahoma § 62-901 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.