Oklahoma State Senate
Oklahoma City, Oklahoma 73105
For Immediate Release: February
Senate gives unanimous approval to the Higher Ed Bond issue.
With Third Straight Unanimous Vote Senate Sends
Henry’s Higher Ed Bond Issue Proposal to House
State Senators celebrated “Higher Education
Day” at the State Capitol Tuesday by sending Governor Brad
Henry’s $500 million bond issue proposal for the state’s
colleges and universities to the Oklahoma House of Representatives
with a third straight unanimous vote.
Senators voted 47-0 in favor of Senate Bill 745, which contains
the governor’s higher education bond proposal. The measure
now goes to the House for consideration.
Senate President Pro Tempore Cal Hobson praised Tuesday’s
bi-partisan passage of the measure.
“We’ve had three votes on this bill in the Senate without
a single vote against it. I think that sends an important message
– investing in education and our state’s future isn’t
a partisan issue. It’s an Oklahoma issue and I’m proud
the Senate endorsed the bond package developed by our college presidents,”
Final passage of the bill in the Senate came on just the 10th legislative
day of the session. The measure passed out of the Appropriations
Sub-Committee on Education on a 13-0 vote on February 9 and was
reported “Do Pass” by the full Senate Appropriations
Committee on a 46-0 vote on February 16.
Before passing the bill Tuesday, Senators approved a pair of amendments
urging Higher Education officials to consider shorter-term bond
issues with an emphasis on 15-year bonds over 25- and 30-year bonds.
“We addressed the concerns expressed by some Senators without
weakening the bond proposal or opening it up to pork-barrel politics.
Politicizing the project list will only delay passage of the bond
issue and cost the state millions of dollars in increased construction
costs and interest,” Hobson said.
Senate Communications Office - (405) 521-5774