HB3759

Oklahoma HB3759 mandates that temporary allocations for school districts be set by June 30 of the current fiscal year.

Oklahoma HB3759 amends the state's revenue and taxation laws, specifically Section 3020 of Title 68, to require that temporary allocations for school districts be established before June 30 of each fiscal year. This change aims to ensure that school districts have a clear financial plan early in the fiscal year. The bill also outlines the process for temporary appropriations by excise boards, emphasizing the need for these boards to convene and approve such appropriations based on the annual budget estimates. The act is set to become effective on November 1, 2026.