Article: 'HOUSECLEANING' BILL PASSES STATE HOUSE / OSBORN CONCERNED

A "housecleaning" bill for the Oklahoma Banking Commissioner's Office containing an amendment which has the commissioner concerned about possible circumvention of a new branch bank law passed the Oklahoma House of Representatives Wednesday by a vote of 98 to 1.

After Senate Bill 501 was passed, Banking Commissioner Wayne Osborn said he still is confident any possible problems can be ironed out in conference committee, where the measure will go after the Oklahoma Senate considers the House amendments.

Rep. Harold Hale, D-El Reno, struck the bill's title to insure it would go to conference committee.

Senate Bill 501 initially was designed as a "housecleaning" bill for the ...

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