Bill
Bill > HB3042
OK HB3042
OK HB3042Veterans; Oklahoma Department of Veterans Affairs Supplemental Revolving Funds; purpose; source of funds; effective date; emergency.
summary
Introduced
02/02/2026
02/02/2026
In Committee
02/03/2026
02/03/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An Act relating to veterans; creating the Oklahoma Department of Veterans Affairs Supplemental Revolving Fund; describing source of funds; describing purpose; providing for codification; providing an effective date; and declaring an emergency.
AI Summary
This bill establishes the "Oklahoma Department of Veterans Affairs Supplemental Revolving Fund" as a continuing fund within the State Treasury, meaning it won't be subject to yearly budget limitations. This fund will be comprised of money received by the Oklahoma Department of Veterans Affairs from sources other than direct legislative appropriations, such as donations and eligible federal funds. The purpose of this fund is to enhance transparency, lessen dependence on annual legislative funding, and allow for reinvestment in programs that benefit veterans. The bill also specifies that this new fund will become effective on July 1, 2026, and declares an emergency, allowing it to take effect immediately upon passage and approval to ensure the public peace, health, or safety.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Referred to Appropriations and Budget General Government Subcommittee (on 02/03/2026)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.oklegislature.gov/BillInfo.aspx?Bill=hb3042&Session=2600 |
| Fiscal Note/Analysis - House: Introduced | https://www.oklegislature.gov/cf_pdf/2025-26%20SUPPORT%20DOCUMENTS/BILLSUM/House/HB3042%20INT%20BILLSUM.PDF |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20INT/hB/HB3042%20INT.PDF |
Loading...