Oklahoma HB4310 amends the Council of Bond Oversight's duties and fund disposition.
Oklahoma HB4310 amends the duties of the Council of Bond Oversight, requiring it to review the purposes of bond issuances by state entities and determine if they serve authorized public functions. The bill also mandates the Council to review market conditions annually to set compensation levels for service providers. It repeals the Bond Oversight Revolving Fund and transfers its funds to the State Treasurer's Revolving Fund. The act declares an emergency and becomes effective July 1, 2026.
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