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Legacy Capital Financing Fund

Summary by Oklahoma Policy Institute
The Legacy Capital Financing (LCF) Fund is a fund created in 2023 by the Oklahoma Legislature to provide increased self-financing and liquidity options for the state’s current and future capital needs. The Fund is administered by the the Oklahoma Capitol Improvement Authority (OICA). According to a memo from House staff, the Fund was created as a way to use one-time cash that the state had available to finance capital projects as an alternative …
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Oklahoma Policy Institute broke the news in on Friday, February 21, 2025.
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