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Senate President Pro Tempore Greg Treat has named Senator Roger Thompson as co-chair of the Legislative Office of Fiscal Transparency (LOFT) oversight committee.
Senate Bill 1, signed into law recently, created LOFT to serve as an independent office to provide the Legislature and the public with objective data on agency budgets and programs. LOFT will be overseen by bipartisan committee of Senate and House members. The Senate president pro tempore and the House speaker each name a co-chairs and members of the oversight committee.
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In his first legislative session as Senate Appropriations Chair, Sen. Roger Thompson helped carve out priorities for the 2020 fiscal year budget and determine how best to fund and support key agenda items aimed at moving Oklahoma forward—the end result is a balanced budget that made new investments in core services of government, increased emergency savings and accomplished it all without a tax increase.
read more.The Oklahoma Senate on Tuesday gave final approval to the state budget, which includes huge investments in public school classrooms, a teacher and state employee pay raise, as well as significant investments in criminal justice reforms all while saving $200 million.
The Fiscal Year 2020 budget bill, House Bill 2765, passed on a 37-11 vote.
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