Lawmaker @RepEliseHall asks for all Oklahoma money records to be online
I love this idea. This press release came out of the House of Representatives this week. If this idea survives, I’d like for whoever designs the site to also take over my financial record-keeping. It’s really terrible. But seriously, this idea is just fantastic. Hooray for open government!
OKLAHOMA CITY – Under legislation filed by state Rep. Elise Hall, Oklahomans could go to one online site to learn about state debt.
House Bill 2857 authorizes the creation of checkbook.ok.gov, where information would be provided on all obligation and revenue bonds, debt, bonds issued by enterprise funds and component units of state government and higher-education master lease agreements.
“Even for a small state like Oklahoma, the complexity of the state’s finances are such that it takes quite a bit of work to break it down and make it easy to understand, even for lawmakers,” Hall (R-Oklahoma City) said. “Checkbook.ok.gov will make it possible for Oklahomans to understand their state government’s obligations like never before.”
Checkbook.ok.gov would also provide the amount paid on an annual basis to retire the debt, the amount attributable to interest and fees on an annual basis and the complete debt repayment schedule. Historical data would also be available.
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