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OK HB2747

OK HB2747
Public finance; providing exceptions for certain Automated Clearing House transactions; authorizing Director of the OMES to establish certain procedures; authorization of certain transactions.


summary

Introduced
04/02/2019
In Committee
05/16/2019
Crossed Over
05/17/2019
Passed
05/21/2019
Dead
Signed/Enacted/Adopted
05/23/2019

Introduced Session

2020 Regular Session

Bill Summary

An Act relating to public finance; amending 62 O.S. 2011, Section 34.64, as last amended by Section 1, Chapter 252, O.S.L. 2015 (62 O.S. Supp. 2018, Section 34.64), which relates to the Oklahoma State Finance Act; providing exceptions for certain Automated Clearing House transactions; authorizing the Director of the Office of Management and Enterprise Services to establish certain procedures; and requiring state agencies to provide certain notice to the State Treasurer prior to authorizing certain transactions. SUBJECT: Public finance

AI Summary

This bill amends the Oklahoma State Finance Act to provide exceptions for certain Automated Clearing House (ACH) transactions. It authorizes the Director of the Office of Management and Enterprise Services (OMES) to establish procedures for agencies to contract for and incur transaction-based fees, such as credit card processing fees, that can be processed through ACH debit without claim forms, as long as the agency has the statutory authority to make the purchase. The bill also requires state agencies to provide notice to the State Treasurer prior to authorizing these ACH debit transactions without claim forms.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Approved by Governor 05/24/2019 (on 05/23/2019)

bill text


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bill summary

Document Type Source Location
State Bill Page http://www.oklegislature.gov/BillInfo.aspx?Bill=hb2747&Session=2000
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