Retirement; Oklahoma Public Employees Retirement System; modifying employer contribution amount for certain time frame; effective date; emergency.
HB 4050 is a procedural bill that names the "Public Finance Act of 2026" and sets its effective date as November 1, 2026. It does not establish new policy provisions or affect any specific groups, as it is explicitly stated to be "noncodified" (not added to Oklahoma's official statutes). The bill serves only to formally title a future legislative act and specify when it takes effect. This is a routine administrative step, not a substantive policy change.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2026
Committee Review
Apr 2026
House Passage
Apr 2026
Senate Passage
Apr 2026
Signed into Law
Apr 2026
Introduced Feb 2, 2026
Signed Apr 22, 2026
Maddy AI version diff · 5 comparisons
What changed between versions
House Committee Substitute
→
Floor (House)
·
3 edits
MINOR
The bill was updated from a House Committee Substitute version to the Floor version, incorporating formatting adjustments and a specific correction to the contribution schedule. The most significant substantive change is the removal of a stray '2026' text artifact from the contribution timeline, ensuring the schedule correctly lists the rate of 16 1/2% for the period starting July 1, 2011, through June 30, 2012, and each year thereafter.
TECHNICAL
Corrected a formatting error where the year '2026' was mistakenly inserted into the contribution rate table for the 2011-2012 period.
Adjusted page headers and footers to reflect the 'Floor Version' status and updated tracking numbers.
Reformatted the title and sponsor information to align with standard floor version layout.
Floor votes · Senate Apr 16, 2026 · House Apr 14, 2026
How they voted
41–6
Passed · 3 other
Total votes 50
Apr 16, 2026
D
Democratic9
66% Nay
R
Republican41
95% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
22
Key actions
8
Committee
3
Apr 22, 2026
Signed into law
Approved by Governor 04/22/2026
lower
Apr 16, 2026
Committee
Referred for enrollment
lower
Apr 16, 2026
Upper · Passed
Engrossed measure signed, returned to House
upper
Apr 16, 2026
Upper · Passed
Measure and Emergency passed: Ayes: 39 Nays: 6
upper
Apr 16, 2026
Upper · Passed
JCR adopted
upper
Apr 14, 2026
Introduced
First Reading
upper
Apr 14, 2026
Lower · Passed
Engrossed, signed, to Senate
lower
Apr 14, 2026
Committee
Referred for engrossment
lower
Apr 14, 2026
Lower · Passed
Third Reading, Measure and Emergency passed: Ayes: 79 Nays: 16
lower
Apr 14, 2026
Lower · Passed
JCR adopted
lower
Apr 13, 2026
Lower · Passed
JCR; Do pass, amended by committee substitute Joint Committee on Appropriations and Budget
lower
Feb 2, 2026
Introduced
First Reading
lower
2 primary · 0 co-sponsors
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 4050
Scope: OK
Hi! I can help you understand HB 4050. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline