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OK SB1346

OK SB1346
Water and water rights; creating the Water and Wastewater Infrastructure Investment Program. Effective date. Emergency.


summary

Introduced
02/02/2026
In Committee
02/25/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

water and water rights - Water and Wastewater Infrastructure Investment Program - rule promulgation - priority scoring - clawback - publication - codification - noncodification - effective date - emergency

AI Summary

This bill establishes the Water and Wastewater Infrastructure Investment Program, administered by the Oklahoma Water Resources Board, to provide competitive loans for water and wastewater improvement projects. The program will rank loan applications based on factors like project criticality, available financing, conservation efforts, and matching funds, and will include a "clawback provision" meaning loan recipients must agree to repay funds if they fail to meet loan terms. The Board will also create an interactive map on its website to display infrastructure needs and project statuses, and a dedicated "Water and Wastewater Infrastructure Investment Revolving Fund" will be created in the State Treasury to hold and disburse loan monies, with specific allocations based on population size to ensure equitable distribution of funds across different communities. This act is set to become effective on July 1, 2026, with an emergency clause allowing it to take effect immediately upon passage and approval.

Committee Categories

Agriculture and Natural Resources, Budget and Finance

Sponsors (2)

Last Action

Placed on General Order (on 03/02/2026)

bill text


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