HB 2775: Capitol Improvement Authority; allocation of funds from the Legacy Capital Financing Fund; utilization for purpose of benefitting the Military Department; requiring certain recapitalization payments. - Oklahoma

House Committee Substitute → Floor (House) · 4 edits

MODERATE

The bill was updated from a House Committee Substitute version to the Floor version, primarily involving formatting and layout adjustments rather than substantive policy changes. The core provisions regarding funding allocation, recapitalization timelines, and authority powers remain unchanged.

TECHNICAL

Header formatting changed from 'STATE OF OKLAHOMA' to 'HOUSE OF REPRESENTATIVES - FLOOR VERSION'

Page numbering and line spacing were adjusted throughout the document

Committee report section was updated with new date format and page footer information

Added note indicating 'BOLD FACE denotes Committee Amendments' in the footer

Proposed Committee Substitute (full committee) 1 → House Committee Substitute · 3 edits

MINOR

The bill was amended to update the committee substitute designation and add additional sponsors (Hall and Haste of the Senate) to reflect the full committee's approval. The amendment also updated the tracking numbers and dates associated with the bill's processing.

TECHNICAL

Changed the bill title from 'PROPOSED COMMITTEE SUBSTITUTE' to 'COMMITTEE SUBSTITUTE' to indicate it has passed the House committee stage.

Added Senate sponsors (Hall and Haste) to the bill's sponsor list, reflecting Senate committee involvement.

Updated the tracking numbers (Req. No. 13720 to 13817) and dates (05/17/25 to 05/19/25) to reflect the new committee version.

Enrolled (final version) → Proposed Committee Substitute (full committee) 1 · 6 edits

MODERATE

The bill was amended from its final enrolled version to a committee substitute version, primarily changing the header information and formatting while keeping the substantive legislative content identical. The core provisions regarding funding allocation, military facility construction, and recapitalization terms remain unchanged.

TECHNICAL

Header information changed from 'Enrolled House Bill' to 'Proposed Committee Substitute' with updated committee amendment details and speaker/chair designations.

Page numbering and formatting changed from enrolled bill format to committee substitute format with different page headers and footers.

Added committee amendment adoption line with blank signature space for the reading clerk.

Removed enrolled bill signatures from House and Senate presiding officers and Governor's office approval sections.

FISCAL

Funding amount of $41,600,000 for military facilities remains the same.

TIMELINE

Recapitalization period start date of July 1, 2026 remains the same.

Engrossed → Enrolled (final version) · 4 edits · May 22, 2025

MODERATE

The bill was finalized from its Engrossed version to the Enrolled version, which is the final version ready for the Governor's signature. The substantive policy content remains unchanged, with only formatting and page number adjustments made during the finalization process.

TECHNICAL

Page headers changed from 'ENGROSSED HOUSE' to 'ENROLLED HOUSE' to reflect the bill's final status after passage by both legislative chambers.

Page numbering was updated from Page 1 to Page 2 and Page 3 to reflect the final enrolled document structure.

Added signature lines for the Governor and Secretary of State to complete the official enrollment process.

Removed redundant page footers and formatting markers used during the legislative process that are not needed in the final enrolled version.

Introduced → Engrossed · 5 edits · May 22, 2025

MODERATE

The bill was renumbered from HB 2775 to HB 2775 (Engrossed version) with updated sponsor information and a complete rewrite of the act's title and purpose. The original version focused on creating a Budget and Finance Act, while the new version focuses on the Oklahoma Capitol Improvement Authority's ability to allocate Legacy Capital Financing Fund money for military facilities. This represents a significant substantive change in the bill's purpose and scope.

Scope change

The bill's scope changed from creating a general Budget and Finance Act to specifically authorizing the Oklahoma Capitol Improvement Authority to allocate $41.6 million from the Legacy Capital Financing Fund for military facility construction, refurbishment, or expansion.

SCOPE

Bill title and purpose changed from 'Budget and Finance Act of 2025' to focus on the Oklahoma Capitol Improvement Authority and military facility funding.

Removed provisions about creating a Budget and Finance Act and establishing a noncodified effective date of November 1, 2025.

FISCAL

Specific authorization of $41,600,000.00 from the Legacy Capital Financing Fund for military department benefit.

TIMELINE

Recapitalization payments will not begin until the fiscal year starting July 1, 2026.

REQUIREMENT

Authority can distribute funds in tranches and enter memoranda of understanding with state agencies to facilitate the act.

Capitol Improvement Authority; allocation of funds from the Legacy Capital Financing Fund; utilization for purpose of benefitting the Military Department; requiring certain recapitalization payments.

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