- Associated Press - Friday, May 27, 2016

OKLAHOMA CITY (AP) - The Latest on Oklahoma lawmakers wrapping up their regular legislative session (all times local):

5:00 p.m.

The Oklahoma Legislature has adjourned its 2016 regular session after lawmakers passed a $6.8 billion budget bill to fund state services during the upcoming year.

The Oklahoma House adjourned Friday after giving final approval of the general appropriations bill for the fiscal year that begins July 1. The bill was sent to Gov. Mary Fallin to be signed into law.

The Senate adjourned earlier Friday after approving a $200 million bond issue to pay for road and bridge construction - a move that frees up $200 million to fund general state operations.

Lawmaker convened the legislative session on Feb. 1 amid a projected shortfall in next year’s budget of $1.3 billion, largely due to declining revenue from oil and gas production. The balanced budget includes $969.3 million in new revenue and budget cuts.

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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.

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12:20 p.m.

The Oklahoma Senate approved a $200 million transportation road bond and then adjourned the 2016 session.

The Senate adjourned shortly after noon Friday to end their work for the year. The House remains in session.

The bill authorizing a $200 million bond issue to pay for road and bridge construction was the last piece of legislation needed to implement a $6.8 billion budget for the fiscal year that begins July 1. The bond issue will free up $200 million for the Legislature to spend on general appropriations.

The bill faced bipartisan opposition, including Republicans who questioned the wisdom of borrowing money to help close a budget hole. After about two hours of debate, the bill passed on a 26-17 vote, barely getting the 25 votes needed for passage.

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9:15 a.m.

The Oklahoma House has convened on the final day of the 2016 Oklahoma Legislature’s regular session.

House members convened Friday to consider the last remaining legislation it is scheduled to take up, including a $6.8 billion budget bill to fund state government for the fiscal year that begins on July 1.

The Senate approved the general appropriations bill on Wednesday. The House must pass the bill in order to avoid a special session to finalize the state budget.

The Senate is scheduled to convene later Friday. Senators are scheduled to consider final passage of 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 House approved the transportation bonds on Wednesday.

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1 a.m.

The Oklahoma Legislature is meeting for its final day of the regular session with one big-ticket item left on the agenda - passage of a $6.8 billion budget bill to fund state government for the upcoming fiscal year.

The Senate approved the general appropriations bill Wednesday, but the House has yet to pass it.

Because the Legislature is constitutionally mandated to adjourn by 5 p.m. Friday, if they are unable to get the 51 votes needed to pass it, a special session will be required.

The 30 Democrats in the 101-member House are unlikely to support the budget plan, which includes deep cuts to the state’s colleges and universities and other state agencies. Many Republicans also oppose the budget because of its reliance on a $200 million bond issue.

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