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

HB 2894, known as the Public Finance Act of 2023, authorizes the Oklahoma Capitol Improvement Authority to use funds from the Legacy Capital Finance Fund for capital projects. The legislation also directs the Oklahoma State University Medical Authority to make specific recapitalization payments and distributions. These financial allocations and the act's effective date of November 1, 2023, are established to manage state capital resources without adding new permanent statutes to the Oklahoma Statutes.