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Bill > SB2148
OK SB2148
OK SB2148Investment accounts; creating the Oklahoma Dream Accounts Investment Program; Trump Accounts; contributions. 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 investment accounts; creating the Oklahoma Dream Accounts Investment Program Act; providing short title; defining terms; creating the Oklahoma Dream Account Investment Program; authorizing one-time contributions to certain Trump Accounts; requiring verification; making contributions subject to availability of funds; prescribing order of contributions; requiring the State Treasurer to prescribe form; authorizing State Treasurer to promulgate rules; providing construing provisions; creating the Oklahoma Trump Account Investment Fund; providing for deposits to fund; providing for expenditures from fund; providing for noncodification; providing for codification; providing an effective date; and declaring an emergency.
AI Summary
This bill establishes the Oklahoma Dream Accounts Investment Program, which will allow the State Treasurer to make a one-time contribution of $250 to a "Trump Account" for eligible Oklahoma children under eighteen years old who are U.S. citizens with a valid Social Security number and a primary residence in the state. A "Trump Account" is a federally authorized investment account, and the contributions are contingent upon the availability of funds in the newly created Oklahoma Trump Account Investment Fund, which will receive all designated monies. The State Treasurer will manage the program, verify eligibility and account status, ensure contributions do not exceed federal limits, and process applications in the order they are received, with the program set to take effect on July 1, 2026, and declared an emergency measure for immediate implementation.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Senate Revenue and Taxation Hearing (13:30:00 2/16/2026 Room 230) (on 02/16/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.oklegislature.gov/BillInfo.aspx?Bill=sb2148&Session=2600 |
| Fiscal Note/Analysis - Senate: Introduced | https://www.oklegislature.gov/cf_pdf/2025-26%20SUPPORT%20DOCUMENTS/BILLSUM/Senate/SB2148%20INT%20BILLSUM.PDF |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20INT/SB/SB2148%20INT.PDF |
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