HB4054

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

Complete·4/23/26

Oklahoma HB4054 establishes the Public Finance Act of 2026, effective November 1, 2026.

Oklahoma HB4054 introduces the Public Finance Act of 2026, which sets forth provisions for public finance. The act is effective November 1, 2026, and includes provisions for the Capitol Improvement Authority, allocation of funds from the Legacy Capital Financing Fund, and recapitalization payments to Oklahoma State University. The act also outlines conditions for utilizing these funds and distributions, aiming to ensure proper management and use of the Legacy Capital Financing Fund.

Included in complete analysis

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

See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.

Sponsors

D
1
5
RRRRR
Democratic CaucusRepublican Caucus

Roll Call Votes

34 Yea

RRRRRRRRDRRRRRRRRRRDRRDRRDDDRDRRRR

11 Nay

RRRRRRRRRRR

3 Absent

RRD

Calendar

Apr 13

4:30 PM

Senate Joint Committee on Appropriations and Budget Hearing

Apr 13

4:30 PM

House 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: 34 Nays: 11