Budget & Taxes (State Budget)

signed · Oklahoma · Senate Apr 22, 2026

SB 1164: Department of Mental Health and Substance Abuse Services; making an appropriation; requiring portions of certain appropriated funds be used for certain purposes. Effective date. Emergency.

SB 1164 appropriates $100,000 from the state general fund to Oklahoma's Department of Public Safety for the 2025-2026 fiscal year to support its existing legal duties. The bill declares an emergency to allow immediate funding for public safety needs, though it does not specify new programs or services. This is a routine budget allocation for an existing state agency, not a policy change affecting residents directly. The funds will be used as needed by the Department of Public Safety to carry out its current responsibilities. The bill was introduced on March 31, 2025, and referred to the Appropriations Committee.

Topics ✓ Budget & TaxesSupports Budget & TaxesRoutine appropriation of $100k to Department of Public Safety for existing operations, supporting state budget allocation and fiscal management of essential public safety functions.95% confidence

Sub-Topics Appropriations State Budget Tags Public Safety

in committee · Oklahoma · House Feb 4, 2025

HB 2177: Public finance; revenue estimates; procedures; effective date; emergency.

HB 2177 requires state agencies collecting revenue for the General Revenue Fund and Special Revenue Funds to provide the Director of the Office of Management and Enterprise Services with detailed, itemized annual revenue estimates. This includes actual past collections, current year projections, and three-year forecasts, along with written explanations of methodology. The Oklahoma Tax Commission must also submit comprehensive economic reports two weeks before State Board of Equalization meetings, covering national/state economic performance and forecast accuracy. The bill takes effect July 1, 2025, and mandates that all required reports be shared simultaneously with legislative budget committees.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires detailed revenue estimates and economic reports to enhance fiscal transparency and accountability in budget planning.85% confidence

Sub-Topics Revenue State Budget

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in committee · Oklahoma · House Feb 4, 2025

HB 1536: Revenue and taxation; creating the Oklahoma Gun Safety Incentive Act; income tax credit; Oklahoma Tax Commission; Oklahoma Department of Public Safety; initiative; effective date.

HB 1536 creates the "Oklahoma Gun Safety Incentive Act," providing an income tax credit for Oklahoma residents who purchase qualifying gun safety equipment. It allows a 25% tax credit (up to $200 annually) for gun safes, trigger locks, or smart gun technology meeting safety standards, with proof of purchase required. The credit is funded from the general fund, capped at $1 million yearly, and requires the Oklahoma Tax Commission to create an online application portal. The bill also mandates reports on credit usage and firearm safety impacts, and launches a public campaign ("Lock & Protect, Oklahoma!") to promote safe storage. It affects individual gun owners, not law enforcement or military purchases, and takes effect January 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates income tax credit (25% up to $200) for gun safety equipment, providing direct tax relief to residents funded from general fund within $1M annual cap.90% confidence

Sub-Topics Income Tax State Budget Tax Credits

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in committee · Oklahoma · Senate Feb 20, 2025

SB 38: Sales and use tax apportionment; modifying apportionment for Oklahoma Historical Society. Effective date. Emergency.

SB 38 modifies Oklahoma's sales tax revenue allocation to provide a fixed annual amount for the Oklahoma Historical Society. It specifies that starting in fiscal year 2026, 0.06% of sales tax revenue will be directed to the Historical Society's Capital Improvement and Operations Revolving Fund, capped at $1,880,553.25 annually. This change directly affects the Historical Society's funding, replacing the previous cap based on 2015 apportionment amounts. The bill does not alter other tax revenue allocations for education, tourism, or general funds.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates 0.06% of sales tax revenue (capped at $1.88M) to Oklahoma Historical Society, providing dedicated funding for its operations. This is a direct budgetary appropriation supporting state program funding.90% confidence

Sub-Topics Revenue Sales Tax State Budget

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died · Oklahoma · Senate May 14, 2026

SB 258: Transportation financing; creating the Preserving and Advancing County Transportation Fund.

SB 258 creates a dedicated fund called the "Major Collector Routes Fund" in Oklahoma's state treasury to support county transportation projects. It directly affects Oklahoma counties, which can apply for grants to improve roads and bridges through a competitive program. The fund uses state budget money (not new taxes) to pay for projects evaluated on safety, innovation, necessity for public use, and features like traffic safety or school bus routes. Counties must contribute financially to projects to qualify, and funds are available continuously without annual budget limits.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates existing state budget funds to dedicated transportation fund, supporting infrastructure through fiscal management without new taxes.90% confidence ✓ TransportationSupports TransportationCreates dedicated fund for county road/bridge projects using state budget, prioritizing safety and public use - directly funds transportation infrastructure.95% confidence

Sub-Topics State Budget Public Transit Roads & Highways Transportation Funding

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in committee · Oklahoma · House Feb 4, 2025

HB 1351: Public finance; Defending the Integrity of the Appropriations Process and the Verbal Earmarks Transparency Act of 2025; effective date.

HB 1351 requires state agencies to submit detailed annual budgets by June 1, including quarterly spending breakdowns, organizational charts, and mission statements, and mandates agency leaders to certify compliance with budgeting rules. It also creates a transparency requirement: agency leaders must report within 72 hours any suggestion from a legislator (or their staff) about how state funds should be spent - including the time, nature of the suggestion, and the legislator’s identity - to the State Ethics Commission and post it online. These provisions apply to most state agencies, excluding CompSource Oklahoma under a specific pilot program, and take effect on November 1, 2025. The bill aims to increase accountability in budget decisions by making verbal funding requests publicly visible.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires detailed budget transparency, verbal earmark reporting, and compliance certification to promote fiscal accountability in appropriations process.85% confidence

Sub-Topics Appropriations Audits & Accountability State Budget

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died · Oklahoma · House Apr 15, 2025

HB 1203: Public finance; enacting the Strategic Bitcoin Reserve Act; definitions; investments; State Treasurer; assets; state retirement funds; digital assets; effective date.

HB 1203, the Strategic Bitcoin Reserve Act, would allow Oklahoma's State Treasurer to invest up to 10% of specific state funds (General Fund, Revenue Stabilization Fund, and Constitutional Reserve Fund) in Bitcoin or digital assets with a $500 billion+ market cap, plus approved stablecoins. The bill requires all digital assets to be held through secure custody solutions meeting strict security standards, including multi-party governance and encrypted storage in geographically diverse facilities. It also mandates that taxes paid in Bitcoin be converted to U.S. currency and transferred to the State General Fund, and permits state retirement funds to hold digital assets under similar secure custody rules. The act applies directly to state treasury operations, retirement funds, and tax collection processes. The bill was introduced in 2025 but failed in committee in April 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes strategic investment of state funds in Bitcoin with security standards, promoting fiscal management within budget framework.85% confidence ✓ TechnologySupports TechnologyBill explicitly authorizes state investment in Bitcoin/digital assets, advancing cryptocurrency adoption and digital asset infrastructure within public finance.95% confidence

Sub-Topics State Budget

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in committee · Oklahoma · Senate Feb 4, 2025

SJR 2: Constitutional amendment; relating to tax credit protection.

This constitutional amendment (SJR 2) changes Oklahoma's budget procedures by establishing annual spending limits based on inflation and population growth. It requires the State Board of Equalization to certify revenue estimates and spending limits (capped at 95% of projected revenue), mandating voter approval for any appropriations exceeding these limits. The amendment also renames the "Constitutional Reserve Fund" as the "Constitutional Emergency Fund" and modifies how state funds are allocated and certified. It directly affects state budgeting processes and requires legislative action to adjust spending beyond certified limits.

Topics ✓ Budget & TaxesSupports Budget & TaxesSets spending caps at 95% of revenue with voter approval for overages, promoting fiscal responsibility per bill summary.95% confidence

Sub-Topics State Budget Tax Credits

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signed · Oklahoma · House May 29, 2025

HB 2766: General appropriations; various agencies, authorities, boards, bureaus, commission, funds and programs; effective date.

HB 2766 is the Oklahoma state budget bill for fiscal year 2026, allocating over $1.65 billion from the General Revenue Fund to support public schools. It directs specific funding for teacher salaries, textbooks, health benefits for staff, school administration, and the School Consolidation Assistance Fund, drawing from multiple sources including the Education Lottery Trust Fund and Mineral Leasing Fund. The bill was enacted without the Governor's signature on May 29, 2025, and directly affects all Oklahoma public schools and their students through these state-funded resources.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $1.65B from General Revenue Fund for public school funding including teacher salaries, textbooks, and health benefits, directly advancing essential education programs.95% confidence ✓ EducationSupports EducationAllocates $1.65B for teacher salaries, textbooks, health benefits, and school consolidation fund from education-specific sources like Education Lottery Trust Fund.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentFunds teacher salaries and health benefits for school staff, directly supporting labor-related employment standards within public education.85% confidence

Sub-Topics Appropriations Revenue State Budget Teachers

in committee · Oklahoma · Senate Feb 4, 2025

SB 307: State fiscal affairs; creating the Oklahoma Teachers Legacy Fund. Effective date. Emergency.

SB 307 creates the Oklahoma Teachers Legacy Fund in the state treasury, funded by surplus General Revenue Fund monies from 2023 ($563.7 million) and 2024 ($759.4 million). The fund invests principal following state retirement fund guidelines, with income accruing to the fund. When the fund's value grows by $100 million or more above its prior year balance, the excess automatically transfers to boost teacher salaries starting January 1 each year. The fund must maintain sufficient liquidity to enable these transfers, with the bill taking effect July 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates dedicated fund from surplus to automatically boost teacher salaries, directly funding essential public education service through state budget allocation.95% confidence ✓ EducationSupports EducationCreates fund to automatically boost teacher salaries using surplus funds, directly increasing educator compensation per bill's automatic transfer mechanism.95% confidence

Sub-Topics Revenue State Budget Teachers

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