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Bill > HB4344
OK HB4344
OK HB4344Oklahoma State System of Higher Education; permitting reduction in allocations for payment of annual obligations; effective date.
summary
Introduced
02/02/2026
02/02/2026
In Committee
02/04/2026
02/04/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An Act relating to The Oklahoma State System of Higher Education; amending 62 O.S. 2021, Section 34.53, as amended by Section 1, Chapter 84, O.S.L. 2025 (62 O.S. Supp. 2025, Section 34.53), which relates to the Oklahoma State Finance Act; permitting the Oklahoma State Regents for Higher Education to reduce allocations in order to make payments for annual obligations; and providing an effective date.
AI Summary
This bill allows the Oklahoma State Regents for Higher Education, which oversees the state's public colleges and universities, to reduce the funds allocated to individual institutions within the system. This reduction is permitted specifically to cover payments for leases under a financing program or for "annual obligations," which are defined as ongoing financial commitments authorized by a specific section of Oklahoma law. The bill also specifies an effective date of November 1, 2026.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to Appropriations and Budget (on 02/04/2026)
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=hb4344&Session=2600 |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20INT/hB/HB4344%20INT.PDF |
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