SB1747

Oklahoma SB1747 requires state agencies to demonstrate cost savings when increasing their budget estimates.

Oklahoma SB1747 amends the estimate of funds needed process for state agencies, requiring them to demonstrate a 10% cost savings when requesting an increase in appropriations for the fiscal year ending June 30, 2028, and subsequent years. This applies to agencies excluding the Oklahoma State Regents for Higher Education. The bill also mandates the Director of the Office of Management and Enterprise Services to compile and publish a report on cost savings from shared services contracts. The act declares an emergency and becomes effective immediately upon passage and approval.