Senate President Pro Tempore Brian Bingman comments on House Joint Resolution 1033, which will allow for the issuance of up to $120 million in bond indebtedness with a 10-year repayment term to repair the state Capitol.
“The state Capitol is the people’s house and they deserve a top-notch building that easily allows them to see their government in action. This is an important state asset that must be maintained and improved to ensure it continues to serve as the seat of our state government for decades to come. In recent years, the exterior and interior alike have been in need of serious repair. This legislation will allow for that restoration while taking advantage of historically low interest rates and maintaining Oklahoma’s status as a low-debt state.” –Senate President Pro Tempore Brian Bingman, R-Sapulpa
HJR 1033 now goes to the governor for her signature.