Bill
Bill > SB1160
summary
Introduced
03/31/2025
03/31/2025
In Committee
05/19/2025
05/19/2025
Crossed Over
05/20/2025
05/20/2025
Passed
05/29/2025
05/29/2025
Dead
Signed/Enacted/Adopted
05/29/2025
05/29/2025
Introduced Session
2025 Regular Session
Bill Summary
An Act ENROLLED SENATE BILL NO. 1160 By: Hall and Haste of the Senate and Caldwell (Trey) and Kane of the House An Act relating to the Prison Acquisition Revolving Fund; making appropriations; stating purpose; and declaring an emergency. SUBJECT: Prison Acquisition Revolving Fund
AI Summary
This bill appropriates a total of $312,000,000 to the Prison Acquisition Revolving Fund, which was originally created by Enrolled House Bill No. 2780 during the 1st Session of the 60th Oklahoma Legislature. Specifically, the bill allocates $238,077,462 from the Revenue Stabilization Fund and an additional $73,922,538 from the General Revenue Fund for the fiscal year ending June 30, 2023. The funds are to be expended according to existing law. The bill contains an emergency clause, which means it will take effect immediately upon passage and approval, with the stated purpose of preserving public peace, health, and safety. The bill was passed by the Oklahoma Senate on May 20, 2025, and by the House of Representatives on May 22, 2025, and is awaiting final gubernatorial approval.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Becomes law without Governor's signature 05/29/2025 (on 05/29/2025)
Official Document
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