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Legislators Pass Property Bill (Feb 23, 2012)

OKLAHOMA CITY (AP) - Oklahoma lawmakers have passed legislation to sell unneeded state property and use the money to maintain other buildings.

The measure by Rep. T.W. Shannon of Lawton was approved Wednesday by the House Appropriations and Budget Committee and now goes to the full House for debate and a vote.

The bill creates a fund for maintaining state buildings that will receive revenue from the sale of unneeded state-owned property, both land and buildings. The revenue would then be used to maintain and repair other state properties and buildings.

The bill also requires the state's long-range capital plan to include an index ranking state buildings based on maintenance needs. Money in the maintenance fund would be allocated to projects with greatest maintenance needs.

Officials estimate there are more than 9,000 state owned properties.

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