HB2775

Capitol Improvement Authority; allocation of funds from the Legacy Capital Financing Fund; utilization for purpose of benefitting the Military Department; requiring certain recapitalization payments.

Complete·5/29/25

Oklahoma HB2775 establishes the Budget and Finance Act of 2025, effective November 1, 2025.

Oklahoma HB2775 creates the Budget and Finance Act of 2025, which will become effective on November 1, 2025. The act includes provisions for the Capitol Improvement Authority, the allocation of funds from the Legacy Capital Financing Fund, and the utilization of these funds to benefit the Military Department. It also mandates certain recapitalization payments.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Sponsors

0
4
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Democratic CaucusRepublican Caucus

Roll Call Votes

43 Yea

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0 Nay

5 Absent

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History

May 29, 2025

House

Becomes law without Governor's signature 05/29/2025

May 22, 2025

Senate

JCR adopted

May 22, 2025

Senate

Measure passed: Ayes: 43 Nays: 0