Oklahoma SB817 mandates transparency for bonds issued by trusts benefiting local governments, prohibiting bond issuance until compliance.
Oklahoma SB817 amends the Bond Transparency Act of 2017 to require local government entities to publish details about bond projects on their websites or through other internet methods. The act applies to bonds issued by certain trusts benefiting local governments, excluding those organized under specific Oklahoma statutes. Non-compliant entities are barred from issuing bonds until they meet the transparency requirements. The act takes effect November 1, 2025.
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