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House Approves Budget Just Ahead of Deadline

State of Oklahoma

The Oklahoma House has passed and sent to the governor a $6.8 billion budget for the upcoming year, the last major piece of legislation in the 2016 Oklahoma Legislature.  
 The House voted 52-45 Friday for a general appropriations bill for the fiscal year that begins July 1. Failure to pass the measure would have forced a special legislative session to complete work on next year's budget. The Senate approved the bill on Wednesday.  
 The budget proposal authorizes a $200 million bond issue to pay for road and bridge construction, freeing up $200 million to fund general state operations instead of earmarking it specifically for transportation. The Senate approved final passage of the bond proposal Friday.  
 The budget raises about $969.3 million in revenue to cover most of a $1.3 billion projected budget shortfall next year.