Bonds; requiring transparency for obligations issued by trusts for benefit of local government; prohibiting issuance for violation of transparency requirements. Effective date.

SB 817 requires local governments in Oklahoma to publicly disclose detailed information about bond projects 30 days before a vote, including project descriptions, unfinished bond history, and previous bond usage (with physical addresses for property purchases). It specifically applies to bonds issued by trusts for local government benefit (e.g., counties, cities, school districts), expanding transparency beyond direct municipal bonds. Local entities failing to publish this information cannot issue new bonds until compliance is achieved. The bill takes effect November 1, 2025.