2026 Regular Session

HB1221

Public finance; creating the State Accounts for Federal Expenditures Act (SAFE Act); creating State Accounts; approval; hearings; agency requirements; effective date; emergency.

Chamber Passed·3/25/25

Prefiled

Introduced

Chamber Passed3/25/25

Final Passage

Complete

Oklahoma HB1221 establishes the State Accounts for Federal Expenditures Act (SAFE Act) to manage federal funds in a dedicated account.

Oklahoma HB1221 creates the State Accounts for Federal Expenditures Act (SAFE Act), establishing a Federal Funds Holding Account for all federal funds transferred to Oklahoma unless federal law prohibits it. These funds are subject to appropriation by the Oklahoma Legislature. The act declares an emergency, allowing it to take effect immediately upon passage and approval.

Included in complete analysis

Overview
Core Provisions
Implementation
Impact
Legal Framework
Critical Issues

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Where it stands

Last: Passed the House · 78–18 · Mar 25, 2025
Current: Revenue and Taxation Committee
Next: Senate floor vote

Roll Call Votes

78 Yea

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18 Nay

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3 Absent

RDD

History

Apr 1, 2025

Senate

Second Reading referred to Revenue and Taxation Committee then to Appropriations Committee

Mar 25, 2025

House

Engrossed, signed, to Senate