Energy-related state agencies would be included in a financial transparency bill in the legislature

 

 

A bill requiring more transparency of state agencies, including those directly dealing with energy in Oklahoma has won approval in a State Senate committee.

The Senate General Government Committee okayed Senate Bill 177 by Sen. Ron Sharp (R-Shawnee) which will require state agencies to provide on their website certain financial information as prescribed by the State Auditor and Inspector and the Office of Management and Enterprise Services.

            The legislation was one of seven recommendations made by the multi-county grand jury last May following the discovery of financial issues at the State Department of Health.

            “After what happened at the Health Department last year, Oklahoma taxpayers are understandably demanding more accountability and transparency of how their tax dollars are being used,” Sharp said. “By requiring agencies to post their financials online in an easy to understand format, citizens will be able to join the legislature in holding them more accountable and ensure tax dollars are being spent efficiently and responsibly.”

Under SB 177, the financial information must be available online by January 1, 2020.

The bill was written with input from OMES, the State Auditor and the State Comptroller. It will now move to the full Senate for further consideration.

If it becomes law, it would apply to the Corporation Commission, the Department of Environmental Quality and numerous other state agencies.