The Oklahoma State Bureau of Investigation expects to take a financial hit after Nov. 1.
That’s when Oklahomans may start carrying firearms without the Self-Defense Act license OSBI collects revenue from.
"Licensing in Oklahoma generates about $6 million, and about [$2 million] of that goes for administration of the program. So, that’s going to be a net loss to the state of about $4 million," said Senate Democratic Leader Kay Floyd.
According to an estimate prepared by state analysts, gun license revenue has averaged $6 million in recent years, with the agency using around $4.5 million in areas other than gun licensing, but there’s disagreement over how much money the agency will need replaced.
"I think the agency’s become dependent on some revenue there. We’re in discussions with them about how much they really need, but I don’t think it’s anywhere near the $4 million number that you’re hearing," said Senate President Pro Tem Greg Treat.
Treat said OSBI will need closer to $1.2 million.
House Appropriations and Budget Chair Kevin Wallace said he and other Oklahomans who want to easily carry across state lines will renew their licenses, but OSBI will still be out some funding.
"They have the request in for it. I think that we’ll need a year to see how the program works out. I wouldn’t be surprised if we do not put some additional money there. Probably will not be the full request," Wallace said.
