Oklahoma 2023 Regular Session

Oklahoma Senate Bill SB471

Introduced
2/6/23  

Caption

Telecommunications; authorizing Office of Management and Enterprise Services to appraise and sell assets of State Regents for Higher Education; creating OneNet Privatization Revolving Fund. Effective date.

Impact

The passing of SB471 will have considerable implications on state laws by allowing the sale of state educational telecommunications infrastructure. This move is positioned to enhance the financial capabilities of the Oklahoma Broadband Office by allowing for targeted investment into broadband expansion across the state. Once the assets are sold, it provides flexibility in the management of these funds, ensuring they are utilized for improving connectivity in underserved regions, which could potentially bridge the digital divide in Oklahoma.

Summary

Senate Bill 471 is a significant legislative measure focused on the privatization of the OneNet telecommunications network, which is currently operated by the Oklahoma State Regents for Higher Education. The bill authorizes the Office of Management and Enterprise Services to appraise and sell all assets associated with OneNet, including infrastructure and property. Proceeds from these sales are directed to the newly created OneNet Privatization Revolving Fund, which will be used to expand broadband infrastructure across Oklahoma. The bill is set to take effect on November 1, 2023, indicating a shift towards the financial management of state telecommunications resources.

Contention

Despite its potential benefits, SB471 raises concerns regarding the guaranteed employment of current OneNet employees, as the bill stipulates that their employment is at the discretion of the Chancellor and does not guarantee positions with the private entity that acquires OneNet. Legislative discussions around this bill may involve contention on whether privatizing state assets is in the best interest of public broadband services or if it undermines the capacity of state agencies to manage such critical infrastructure effectively. The degree to which private entities can maintain service standards compared to public management could be another point of debate.

Companion Bills

No companion bills found.

Previously Filed As

OK SB177

Oklahoma State Regents for Higher Education; creating revolving fund; making an appropriation to revolving fund. Effective date. Emergency.

OK SB177

Oklahoma State Regents for Higher Education; creating revolving fund; making an appropriation to revolving fund. Effective date. Emergency.

OK HB3126

Commissioners of the Land Office; Oklahoma State Regents for Higher Education; Concurrent Enrollment Revolving Fund; State Aid Formula; effective date; emergency.

OK HB1011

Legacy Capital Financing Fund; Office of Management and Enterprise Services; authorizing certain distributions; repealer; effective date; emergency.

OK HB1430

Higher education; Tinnitus Research Grant Program Revolving Fund; Oklahoma State Regents for Higher Education; grant program; effective date.

OK HB1430

Higher education; Tinnitus Research Grant Program Revolving Fund; Oklahoma State Regents for Higher Education; grant program; effective date.

OK HB4325

Public finance; Office of Management and Enterprise Services; contract; estimate of funds needed; staff augmentation; state accounting manual; intangible assets; effective date.

OK HB2590

Public finance; Office of Management and Enterprise Services; requiring certain form for use in contracts related to management of federal funds; content; effective date.

OK HB2590

Public finance; Office of Management and Enterprise Services; requiring certain form for use in contracts related to management of federal funds; content; effective date.

OK HB1646

Professions and occupations; real estate appraisers; educational requirements as specified by the Appraiser Qualifications Board of the Appraisal Foundation; effective date.

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