Counties; modifying certain required inventory of county property. Effective date.

SB 772 updates Oklahoma county inventory and disposal rules for property. It lowers the cost threshold requiring inventory for items like laptops, tablets, and cell phones from $2,500 to $500, while keeping higher thresholds ($2,500) for road construction equipment. The bill modifies disposal procedures, requiring county commissioners to document sales or trades of items over $1,000 with detailed records, and mandates public auctions or sealed bids for selling such property. These changes directly affect all Oklahoma county governments managing equipment and supplies.