Oklahoma Capitol Improvement Authority; allocation of funds from the Legacy Capital Financing Fund; Oklahoma State University; recapitalization payments; distribution; effective date; emergency.

HB 2893 establishes the Public Finance Act of 2023 to authorize the Oklahoma Capitol Improvement Authority to use funds from the Legacy Capital Financing Fund for specific projects. The legislation outlines how these funds will be distributed, including payments related to the Oklahoma State University recapitalization. Effective November 1, 2023, the bill provides the legal framework for these financial allocations without altering existing statutes.