Bill
Bill > HB3435
OK HB3435
OK HB3435Cities and towns; municipal bond proposals; one subject; ballot title; 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 cities and towns; requiring municipal bond proposals to contain one subject and express subject in ballot title; clarifying that multiple proposals shall be permitted; providing test to determine whether proposal violates act; providing for codification; and providing an effective date.
AI Summary
This bill requires that any proposal for a municipal bond, which is a type of debt issued by a local government to finance public projects, must focus on a single subject and clearly state that subject in its ballot title, the brief description voters see on the ballot. It clarifies that while multiple bond proposals can appear on the same ballot, each must be voted on separately. The bill also establishes a test to determine if a bond proposal violates this rule: it will be considered in violation if the money raised by the bond is intended to be spent by more than one agency, department, or director within the municipality. This legislation is set to take effect on November 1, 2026.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Authored by Senator Standridge (principal Senate author) (on 02/18/2026)
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=hb3435&Session=2600 |
| Fiscal Note/Analysis - House: Introduced | https://www.oklegislature.gov/cf_pdf/2025-26%20SUPPORT%20DOCUMENTS/BILLSUM/House/HB3435%20INT%20BILLSUM.PDF |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20INT/hB/HB3435%20INT.PDF |
Loading...