SB817

Bonds; requiring transparency for obligations issued by trusts for benefit of local government; prohibiting issuance for violation of transparency requirements. Effective date.

Introduced·2/3/25

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.

Included in complete analysis

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

See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.

Where it stands

Current
In committee
Next
Committee decision

Sponsors

0
7
RRRRRRR
Democratic CaucusRepublican Caucus

Roll Call Votes

Senate: Revenue & Taxation Committee: DO PASS AMENDED

10 Yea

RRRRDRDRRR

0 Nay

History

Mar 17, 2025

Senate

Coauthored by Senator Standridge

Mar 17, 2025

Senate

Coauthored by Senator Burns

Mar 17, 2025

Senate

Coauthored by Senator Grellner