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    INTRODUCTION

    ## Legislative bill overview

    This bill establishes the Legacy Investment Board to manage investments for the new Oklahoma Legacy Fund. The goal is to create a long-term investment fund to supplement state revenue in the future.

    ## Why is this important

    Creating a legacy fund could provide revenue stability for Oklahoma in the future during economic downturns. However, appropriate oversight and risk management will be critical.

    ## Potential points of contention



    • Ensuring the Legacy Investment Board has expertise in long-term funds management

    • Balancing investment growth versus minimizing risk of losses

    • Determining appropriate uses for excess fund revenue in the future

    STATUS

    almost 2 years ago -

    Engrossed

    Thanks!