Bill > SB2155

This bill allows cities and towns in Oklahoma to consider the competitiveness of their development fees when setting or increasing them, meaning they can look at what other similar communities charge. A "development fee" is defined as a payment required as a condition for building permits, plat approvals, or zoning changes, intended to cover the costs of public infrastructure systems like water, sewer, roads, parks, and public safety facilities that are needed due to new or expanded development. The bill clarifies that these fees don't have to be the same across all municipalities and requires them to be reviewed at least every five years to ensure they remain competitive and aligned with growth and infrastructure needs. The bill also specifies an effective date of November 1, 2026.

Labor and Employment

http://www.oklegislature.gov/BillInfo.aspx?Bill=sb2155&Session=2600