The House passed legislation off the floor today that would allow for additional state investments in infrastructure tied to Oklahoma’s five military bases. None of those are located in Northeastern OK yet they provide over 133,800 well paying jobs (FY 2010) adding $9.6 billion to our state’s GDP which was more than 7% of the state’s entire economy when studied years ago.
House Speaker Kyle Hilbert authored House Bill 2516 and House Bill 2518, which create revolving funds at the state Treasury for use by the Oklahoma Military Department. The Base Infrastructure Needs and Development (BIND) fund will have a technology and a schools component that will allow for additional support to the state’s military bases in the hopes of preventing any future base closures and expanding operations when possible according to a release today.
“Oklahoma has a long history across multiple branches of the military and we want to send a loud signal that the state supports our bases,” said Hilbert, R-Bristow. “These funds will allow funds to accrue over time so we are able to take advantage of potential expansion opportunities as they become available and fight against any potential closures in the future.”
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