Federal funds; creating the Federal Funds Oversight Act; requiring agencies to submit report and reject federal funds under certain circumstances. Effective date.

SB 1399, the Federal Funds Oversight Act, requires Oklahoma state agencies and the Office of Management and Enterprise Services (OMES) to submit detailed pre-acceptance reports before taking federal funds. These reports must cover funding reasons, cost breakdowns (including personnel and maintenance), performance goals, and how funds will offset existing state spending instead of creating new programs. The bill also mandates public transparency portals showing real-time federal spending data and establishes a "Do-Not-Pay Pilot Program" to verify recipient eligibility before reimbursements. This ensures accountability, prevents improper payments, and protects state budgets from gaps if federal funding ends.