Supreme Court Rules on Gov’s Closing Fund
The Oklahoma Supreme Court ruled Tuesday the Governor doesn’t have to consult legislative leaders in providing incentives for business to expand or move to Oklahoma.
The High Court struck down a provision in the Quick Action Closing Fund Law passed last session which says the Governor has to consult with the House Speaker and Senate President Pro Tem.
Governor Fallin says she understands the decision to keep the branches of government separate in the decision.
“I’m glad that we’re still going to have the quick action closing fund, and in the end the legislature will have a voice in that because they’ll have to appropriate money that will have to go to the quick action closing fund.”
Lawmakers didn’t allocate any money to the fund last session because they were already facing a $500 million shortfall.
The Governor says she already consults with various organizations like the Chambers of Commerce before moving forward with closing business deals.