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 updated to reflect its progression from the House Committee Substitute to the House Floor version. The primary changes involve formatting adjustments, such as adding a header indicating the 'Floor Version' and updating the page footer to include a note that bold face text denotes committee amendments. No substantive policy changes, funding amounts, or eligibility criteria were altered in this specific diff.

TECHNICAL

Header updated to identify the document as the 'House of Representatives - Floor Version'.

Footer updated to include a legend stating that bold face text denotes committee amendments.

Committee report line updated with a 'DO PASS' recommendation and a specific date.

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

MINOR

The bill was amended to add two new Senate sponsors, Hall and Haste, to the list of authors. The text of the legislation itself, including the transfer of $180 million to the ROA-25 Revolving Fund, remains unchanged. Additionally, the document's internal tracking numbers and dates were updated to reflect the new committee version.

TECHNICAL

Added two new sponsors, Hall and Haste, to the bill's author list.

Updated the bill title and page headers to reflect the new committee substitute version.

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

MINOR

The bill was completely rewritten to shift its focus from the Ethics Commission's Political Subdivisions Enforcement Fund to a new ROA-25 Revolving Fund. The original text created a fund for enforcing campaign finance laws with a small cap, while the new text establishes a large revolving fund for the Oklahoma Department of Commerce to support the ROA-25 program.

Scope change

The bill's scope changed from regulating ethics and campaign finance enforcement to funding a specific revolving fund for the Oklahoma Department of Commerce.

SCOPE

Removed all provisions creating a 'Political Subdivisions Enforcement Fund' for the Ethics Commission and enforcing campaign finance laws.

FISCAL

Added a new 'ROA-25 Revolving Fund' authorized to receive $180 million from the Perform Fund and $75 million from Senate Bill 1179.

REQUIREMENT

Changed the bill's purpose from establishing enforcement procedures and spending caps to authorizing specific transfers and budgeting requirements for the new fund.

Proposed Committee Substitute (full committee) 1 → Proposed Committee Substitute (full committee) 2 · 5 edits

MODERATE

The bill was completely rewritten to change its subject matter from transferring funds to a new 'ROA-25 Revolving Fund' to amending an existing 'Political Subdivisions Enforcement Fund' for the Ethics Commission. The new version increases the fund's annual cap from $150,000 to $450,000 and clarifies the sources of revenue, including late filing fees and fines from campaign finance violations.

Scope change

The bill's scope shifted from a one-time transfer of $180 million to a new revolving fund to an amendment of an existing fund designed to support the Ethics Commission's enforcement of campaign finance laws.

SCOPE

The bill's purpose changed from creating a new fund for unspecified purposes to specifically supporting the Ethics Commission's Political Subdivisions Enforcement Division.

FISCAL

The fund cap was increased from $150,000 to $450,000, and the fund is now defined as a continuing fund not subject to fiscal year limitations.

The provision authorizing a $75 million transfer from the Oklahoma Department of Commerce to a new ROA-25 Revolving Fund was removed.

ELIGIBILITY

The bill now explicitly lists specific revenue sources for the fund, including late filing fees and fines from settlement agreements related to county, municipal, and school district campaign finance laws.

TECHNICAL

The bill number was changed from HB 2767 to HB 2795, and the document header was updated to reflect the new bill number and a later date.

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

MODERATE

The bill was completely rewritten to replace the original text with a new version that consolidates funding sources and clarifies legislative session details. The primary change is the inclusion of a new Section 3 declaring an emergency, which allows the bill to take effect immediately upon signing rather than waiting for the start of the next fiscal year. Additionally, the text was updated to reflect the correct legislative session (60th Legislature) and corrected a reference to the funding source from 'Senate Bill 1179' to 'Senate Bill No. 1179'.

Scope change

The bill's scope regarding the timing of its implementation changed significantly due to the addition of an emergency clause, allowing for immediate effect. The scope of funding sources remained the same (Perform Fund and Commerce appropriations), but the specific legislative session references were updated to ensure accuracy.

TIMELINE

Added Section 3 declaring an emergency, allowing the bill to take effect immediately upon passage and approval instead of a delayed effective date.

TECHNICAL

Updated references to the legislative session from the 59th Legislature to the 60th Legislature to reflect the current session.

Corrected the citation of the funding source from 'Senate Bill 1179' to 'Senate Bill No. 1179' for consistency.

Replaced the entire text of the bill with a committee substitute version that includes updated formatting and page numbers.

Introduced → Engrossed · 4 edits · May 20, 2025

MODERATE

The bill was completely rewritten to shift from a general budget framework to a specific financial transfer act. The new version authorizes moving $180 million from the Perform Fund and $75 million from Commerce appropriations into the ROA-25 Revolving Fund, replacing the previous text which established a new 'Budget and Finance Act' with a future effective date.

Scope change

The bill's scope changed from creating a new budgeting statute to authorizing specific fund transfers for a revolving loan fund.

SCOPE

Removed the creation of a new 'Budget and Finance Act of 2025' and its associated effective date of November 1, 2025.

Changed the bill title and purpose from establishing a general finance act to specifically managing transfers for the ROA-25 Revolving Fund.

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

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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