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Bill > HB3944
OK HB3944
OK HB3944Public finance; State Finance Act; reporting; budget request procedures; fund allotment procedures; fund transfer procedures; administration; effective date.
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 public finance; amending 62 O.S. 2021, Sections 34.3.1, 34.38, 34.40, 34.42, as last amended by Section 3, Chapter 199, O.S.L. 2025, 34.43, 34.49, 34.52, 34.80, and 45.10 (62 O.S. Supp. 2025, Section 34.42), which relate to the reporting and procedural requirements of the State Finance Act; eliminating obsolete references; updating references; modifying elements of and submission date for certain budget documents; expanding limitations for expending lump sum appropriations; limiting allotments and reporting to fiscal years; permitting designation of allotment request officers; simplifying information technology budget reporting requirements; modifying procedures related to mid-year budget transfer requests; clarifying deposit of cancelled warrants related to federal funds; simplifying certain metrics reporting requirements; 62 O.S. 2021, Section 34.6, as amended by Section 2, Chapter 14, 2nd Extraordinary Session, O.S.L. 2022, Section 34.36, as amended by Section 2, Chapter 199, O.S.L. 2025, Section 34.36.1, 34.56, 34.95, 34.401, and 45.5 (62 O.S. Supp. 2025, Sections 34.6, 34.36, 34.36.1, 34.56, 34.95, 34.401, and 45.5), which relate to the powers and duties of the Director of Management and Enterprise Services and other officials with regard to the State Finance Act; eliminating certain reporting and certification requirements; updating references to legislative entities; vesting surviving authority of the Special Agency Account Board; authorizing the utilization of certain information; limiting certain procedural requirement to certain period; authorizing certain assistance and training of agencies; and providing an effective date.
AI Summary
This bill makes several changes to Oklahoma's State Finance Act to streamline financial reporting and budget procedures. It consolidates certain state agencies into the Office of Management and Enterprise Services (OMES), updates the submission date for agency budget requests to November 1st, and modifies how agencies report their financial information, including simplifying information technology budget reporting and clarifying procedures for transferring funds. The bill also adjusts requirements for reporting federal funds, revises the process for approving budget transfers, and clarifies the handling of canceled warrants, particularly those related to federal funds. Additionally, it updates references to legislative oversight committees and allows OMES to provide assistance and training to state agencies on financial matters.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Second Reading referred to Appropriations and Budget (on 02/03/2026)
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=hb3944&Session=2600 |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20INT/hB/HB3944%20INT.PDF |
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