HB4053

Capitol Improvement Authority; allocation of funds from the Legacy Capital Financing Fund; utilization; University of Oklahoma; recapitalization payments; distributions; limiting conditions; codification.

Complete·4/23/26

Oklahoma HB4053 creates the Public Finance Act of 2026, effective November 1, 2026.

Oklahoma HB4053 introduces the Public Finance Act of 2026, which establishes provisions for public finance. The act is set to become effective on November 1, 2026, and includes provisions for the allocation of funds from the Legacy Capital Financing Fund, utilization, recapitalization payments, and distributions. The act also includes limiting conditions and codification.

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

30 Yea

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15 Nay

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3 Absent

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Calendar

Apr 13

4:30 PM

House Joint Committee on Appropriations and Budget Hearing

Apr 13

4:30 PM

Senate Joint Committee on Appropriations and Budget Hearing

History

Apr 23

House

Becomes law without Governor's signature 04/23/2026

Apr 16

Senate

JCR adopted

Apr 16

Senate

Measure passed: Ayes: 30 Nays: 15