Health Care Authority; Rate Preservation Fund; modifying and limiting authorized uses of funds; emergency.

Added 'Hall and Haste of the Senate' as co-sponsors to the bill.

Updated the document title from 'Proposed Committee Substitute' to 'Committee Substitute' to reflect the addition of Senate sponsors.

Changed the tracking number from 17185 to 17411 and updated the date from 04/04/26 to 04/13/26.

The entire text of the bill was replaced with a new version that retains the original policy language but adds committee-specific metadata, such as the amendment reference number (Req. No. 17185) and updated page numbering.

Added a new provision allowing the Oklahoma Health Care Authority to transfer up to one-third of the Rate Preservation Fund's balance to other funds to meet Medicaid cash flow needs, with a requirement to return the funds by the end of the fiscal year.

Updated the text to explicitly state that the section amends 63 O.S. 2021, Section 5020A, as amended by Section 1, Chapter 468, O.S.L. 2025.

Added official dates for the bill's passage by the House and Senate and the Governor's approval, marking the transition from an engrossed draft to an enrolled final law.

Created a new 'Rate Preservation Fund' in the State Treasury to hold money specifically for maintaining provider reimbursement rates.

Authorized the Authority to temporarily transfer up to one-third of the fund's balance to other accounts for cash flow, provided the money is returned by the end of the fiscal year.

Restricted the use of the fund exclusively to covering rate decreases caused by a drop in the state's Federal Medical Assistance Percentage (FMAP).

Deleted all previous text regarding a 'Public Finance Act of 2026' and replaced it with specific statutory language amending 63 O.S. 2021.