SB262

Oklahoma Housing Finance Authority; creating the Oklahoma Rental Assistance Grant Program. Effective date. Emergency.

Introduced·2/3/25
Int Text

Oklahoma SB262 creates the Oklahoma Rental Assistance Grant Program to help people evicted due to COVID-19 with rental subsidies.

Oklahoma SB262 establishes the Oklahoma Rental Assistance Grant Program, administered by the Oklahoma Housing Finance Agency. The program aims to assist individuals who were evicted due to the COVID-19 pandemic with rental subsidies. It will be funded through legislative appropriations, federal funds, and private donations, all directed to the Oklahoma Rental Assistance Revolving Fund. The fund's purpose is to support the program, and expenditures will be made upon warrants issued by the State Treasurer. The act declares an emergency and will take effect on July 1, 2025.

Included in complete analysis

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

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Where it stands

Current
Economic Development, Workforce and Tourism Committee
Next
Committee decision

Sponsors

D
1
0
Democratic CaucusRepublican Caucus

History

Feb 4, 2025

Senate

Second Reading referred to Economic Development, Workforce and Tourism Committee then to Appropriations Committee

Feb 3, 2025

Senate

First Reading

Feb 3, 2025

Senate

Authored by Senator Nice