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OK HB3720

OK HB3720
Local government investments; Oklahoma Local Government Investments Act of 2024; effective date.


summary

Introduced
02/05/2024
In Committee
02/20/2024
Crossed Over
Passed
Dead
05/31/2024

Introduced Session

Potential new amendment
2024 Regular Session

Bill Summary

An Act relating to local government investments; establishing the Oklahoma Local Government Investments Act of 2024; providing for noncodification; and providing an effective date.

AI Summary

This bill establishes the "Oklahoma Local Government Investments Act of 2024", which sets new rules for how local governments in Oklahoma can invest their funds. The bill specifies that it will become effective on November 1, 2024, but it does not include any codified changes to existing state statutes. The purpose of the act is to provide a legal framework for local government investment practices in Oklahoma.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Referred to General Government (on 02/20/2024)

bill text


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