HB 2767: ROA-25 Revolving Fund; requiring transfer from certain fund to the ROA-25 Revolving Fund; transfer; amounts; budgeting and expenditure requirements. - Oklahoma

House Committee Substitute → Floor (House) · 3 edits

MINOR

The bill text was reformatted from a House Committee Substitute version to a Floor version, with page headers and footers updated to reflect the floor version. The substantive legislative content regarding the ROA-25 Revolving Fund transfers, budgeting requirements, and emergency declaration remains unchanged.

TECHNICAL

Page headers changed from 'COMMITTEE SUBSTITUTE' to 'HOUSE OF REPRESENTATIVES - FLOOR VERSION' with updated tracking numbers.

Footer tracking information updated from 'Req. No. 13781' to 'HB2767 HFLR' with committee amendment notation added.

Committee report section updated to reflect floor version date and approval status.

Proposed Committee Substitute (full committee) 3 → House Committee Substitute · 3 edits

MINOR

The bill was amended to add two new Senate sponsors (Hall and Haste) and update the bill title from 'Proposed Committee Substitute' to 'Committee Substitute', indicating it has passed full committee review. The core policy content regarding the $180 million transfer to the ROA-25 Revolving Fund remains unchanged.

TECHNICAL

Added two new Senate sponsors (Hall and Haste) to the bill, expanding the legislative support beyond the original House sponsors.

Changed the bill title from 'Proposed Committee Substitute' to 'Committee Substitute', reflecting the bill's progression through the legislative process.

Updated page reference numbers and bill tracking numbers to reflect the new committee version.

Proposed Committee Substitute (full committee) 2 → Proposed Committee Substitute (full committee) 3 · 4 edits

MODERATE

The bill was completely rewritten from a proposal about an Ethics Commission Political Subdivisions Enforcement Fund to a new proposal about an ROA-25 Revolving Fund. The original bill focused on ethics enforcement funding and transfer thresholds, while the new version establishes a completely different fund for what appears to be a different legislative purpose involving the Oklahoma Department of Commerce.

Scope change

The bill's scope changed entirely from ethics commission enforcement funding to a new ROA-25 Revolving Fund with different funding sources and purposes.

SCOPE

Removed all provisions related to the Ethics Commission Political Subdivisions Enforcement Fund and its enforcement mechanisms

FISCAL

Added new provisions establishing the ROA-25 Revolving Fund with $180 million from the Perform Fund and $75 million from Senate Bill 1179 appropriations

REQUIREMENT

Removed the January 31 transfer threshold requirement and fund balance minimum requirements for the Ethics Commission fund

TECHNICAL

Changed bill number reference from HB 2795 to HB 2767 and updated committee amendment date from May 18 to May 19, 2025

Proposed Committee Substitute (full committee) 1 → Proposed Committee Substitute (full committee) 2 · 6 edits

MODERATE

The bill was completely rewritten from a funding transfer bill to a new Ethics Commission fund creation bill. The original version focused on transferring $180 million to the ROA-25 Revolving Fund, while the new version establishes a Political Subdivisions Enforcement Fund for the Ethics Commission with different funding sources and limits.

Scope change

The bill's scope changed from a general fund transfer authorization to a specific Ethics Commission fund establishment with defined revenue sources and expenditure limitations.

FISCAL

Bill number changed from HB 2767 to HB 2795, and the primary focus shifted from the ROA-25 Revolving Fund to a new Political Subdivisions Enforcement Fund for the Ethics Commission.

New fund created with revenue from late filing fees, fines from settlement agreements, and fines assessed by District Court for campaign finance violations.

Fund cap increased from $180 million to $450,000, with excess amounts transferred to the General Revenue Fund annually.

Removed Section 2 and 3 that authorized $75 million transfer from Oklahoma Department of Commerce to the ROA-25 Revolving Fund.

REQUIREMENT

Added requirement that if fund balance falls below $100,000, the Executive Director may halt enforcement activities until the threshold is met.

TECHNICAL

Minor formatting changes including page numbers, request numbers, and document headers were updated to reflect the new version.

Engrossed → Proposed Committee Substitute (full committee) 1 · 4 edits

MODERATE

The bill was completely rewritten from scratch by the committee, replacing the original text with new language. The substantive policy changes include increasing the transfer amount from the Perform Fund to $180 million (up from $75 million) and updating references to the legislative session from the 59th to the 60th Legislature. The committee also added an emergency clause to allow immediate implementation upon passage.

Scope change

The bill's scope expanded to include a larger funding transfer from the Perform Fund, increasing the amount available to the ROA-25 Revolving Fund from $75 million to $180 million.

FISCAL

Increased the transfer amount from the Perform Fund to the ROA-25 Revolving Fund from $75 million to $180 million.

TECHNICAL

Updated legislative session references from the 59th Oklahoma Legislature to the 60th Oklahoma Legislature throughout the text.

Removed original signature lines for House and Senate presiding officers and replaced with committee amendment formatting.

TIMELINE

Added an emergency clause declaring the act takes effect immediately upon passage and approval.

Introduced → Engrossed · 5 edits · May 20, 2025

MODERATE

The bill was completely rewritten from a general budget and finance act into a specific funding measure for the ROA-25 Revolving Fund. The original version created a new Budget and Finance Act of 2025 with a November 1, 2025 effective date, while the new version directs specific fund transfers totaling $255 million from two separate sources to the ROA-25 Revolving Fund.

Scope change

The bill's scope changed from a broad public finance framework to a targeted funding authorization for a specific revolving fund.

SCOPE

Removed the creation of a new Budget and Finance Act of 2025 and its associated noncodification provisions.

FISCAL

Added authorization for the State Treasurer to transfer $180 million from the Perform Fund to the ROA-25 Revolving Fund.

Added authorization for the Oklahoma Department of Commerce to transfer $75 million from Senate Bill 1179 appropriations to the ROA-25 Revolving Fund.

TIMELINE

Removed the November 1, 2025 effective date provision.

TECHNICAL

Changed the bill title and sponsorship information to reflect current legislative session details.

ROA-25 Revolving Fund; requiring transfer from certain fund to the ROA-25 Revolving Fund; transfer; amounts; budgeting and expenditure requirements.

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