Oklahoma SB2079 creates the Flat Budget Act, prohibiting state agencies from receiving more funds in fiscal year 2027 than in 2026.
Oklahoma SB2079, known as the Flat Budget Act, establishes a law that no state agency or entity can receive more funds in fiscal year 2027 than they received in fiscal year 2026. This act aims to maintain fiscal stability by preventing increases in state agency budgets for the upcoming fiscal year. The act is set to be codified in the Oklahoma Statutes as Section 34.42.2 of Title 62, unless it causes a numbering duplication. The act declares an emergency, indicating the urgency of maintaining budget constraints.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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