§70-9008. Elections – Threshold for approval.
If approved by sixty percent (60%) or more of the voters at the election provided for by Section 7 of this act, there shall be created a higher education funding district which shall be governed by the board of regents for the institution within The Oklahoma State System of Higher Education that has managerial control […]
§70-9009. Millage levy – Net assessed value of taxable property.
The millage levied by a higher education funding district shall be applied to the net assessed value of all taxable property located within the district each year in the same manner as provided by law for millage imposed by other ad valorem taxing jurisdictions. The county treasurer shall include the tax due resulting from such […]
§70-9010. Revenues – General fund of institution – Authorized expenditures.
A. All revenues derived from the net assessed value of property located within the boundary of the higher education funding district shall be paid by the county treasurer to the general fund of the eligible institution or to such fund as may be specified by the board of regents for the institution, and the board […]
§70-9011. Bond proceeds – Authorized expenditures – Final authority.
A. Proceeds from bonds or other evidence of indebtedness issued by the higher education funding district may be expended on such assets as authorized by the provisions of the Internal Revenue Code of 1986, as amended, or other provisions of federal or state law based on whether the interest income paid to bondholders is exempt […]
§70-9012. Modification of millage rate – Submission to voters – Petition – Limits.
After the formation of a higher education funding district authorized by this act, the question of modification of an operational millage rate may be submitted to the voters of the district by resolution of the board of regents of the institution within The Oklahoma State System of Higher Education for the benefit of which the […]
§70-9013. Annexation or deannexation of territory – Resolution by board of regents – Petition.
After the formation of a higher education funding district authorized by this act, the question of annexation or deannexation of territory comprising the district may be submitted either by resolution of the board of regents for the institution within The Oklahoma State System of Higher Education for whose benefit the district was created or by […]
§70-7001. Dyslexia teacher training pilot program.
A. It is the intent of the Legislature that the Oklahoma State Regents for Higher Education enter into a contract with a nonprofit education center which is certified as a multisensory structured language training institute for the purpose of establishing a comprehensive dyslexia teacher training pilot program. Implementation of the pilot program shall be contingent […]
§70-8003. Center for the Study of Literacy – Responsibilities.
It is the intent of the Legislature that the Center for the Study of Literacy located at Northeastern State University be responsible for: 1. Establishment of a clearinghouse for the exchange of information and sharing of ideas regarding successful literacy programs and opportunities for funding; 2. In cooperation with the Department of Education and the […]
§70-8005. Adult Literacy Services Advisory Committee – Members.
A. The Adult Literacy Services Advisory Committee shall be composed of fifteen (15) members: 1. The Governor shall appoint two members who are executives of business or industry; 2. The Speaker of the House of Representatives shall appoint one member to serve as cochair of the Committee who is a member of the House of […]
§70-9001. Short title – Higher Education Institution Local Funding Act.
This act shall be known and may be cited as the “Higher Education Institution Local Funding Act”. Added by Laws 2022, c. 406, § 1.