Bill
Bill > SB810
OK SB810
OK SB810State finance; creating the Zero-Based Budgeting Implementation Act; requiring development of certain plan; requiring certain budget review. Effective date.
summary
Introduced
02/03/2025
02/03/2025
In Committee
02/04/2025
02/04/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Regular Session
Bill Summary
An Act relating to state finance; creating the Zero- Based Budgeting Implementation Act; providing short title; requiring the Legislative Office of Fiscal Transparency to develop categories of agencies; requiring a staggered plan of a certain amount of years; requiring collaboration among various entities; requiring certain steps to be completed in each agency analysis; requiring certain inquiries; requiring development of certain forms; providing for codification; and providing an effective date.
AI Summary
This bill establishes the Zero-Based Budgeting (ZBB) Implementation Act, which requires the Legislative Office of Fiscal Transparency (LOFT) to develop a comprehensive review process for Oklahoma state agencies. By December 1, 2025, LOFT must create a full list of state agencies and categorize them into at least three tiers based on factors like budget size, number of employees, statutory scope, administrative rules, and licensing responsibilities. The bill mandates a staggered review plan where higher-tier agencies will be reviewed every 4-6 years and lower-tier agencies every 2-4 years, with the goal of reviewing all agencies within a six-year cycle. Starting July 1, 2026, LOFT will conduct in-depth zero-based budgeting reviews that involve collaborative analysis with the agency, Governor's office, and Legislature. The review process includes four key steps: identifying and evaluating key activities, developing performance measures, analyzing program budgets and expenditures, and summarizing findings. The reviews will assess each program's efficiency, statutory compliance, cost-effectiveness, and overall value, with the aim of providing recommendations to improve government operations and potentially reduce unnecessary spending. The bill requires LOFT to provide a detailed report to the Legislature by December 1st each year, offering insights and recommendations for each reviewed agency.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Second Reading referred to Appropriations (on 02/04/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...