Capitol Improvement Authority; allocation of funds from the Legacy Capital Financing Fund; utilization; University of Oklahoma; recapitalization payments; distributions; limiting conditions; codification.

Added 'Hall and Haste of the Senate' as additional sponsors to the bill header.

Updated the bill reference number in the footer from 17244 to 17413 to reflect the new version.

Changed the title from 'PROPOSED COMMITTEE SUBSTITUTE' to 'COMMITTEE SUBSTITUTE' to indicate the bill has been finalized by the committee.

The entire text of the bill was replaced with a new version that uses different formatting and line numbering, but the legal content regarding the $40 million allocation and matching fund requirements remains identical.

The document header was updated from 'ENGROSSED' to 'ENROLLED' and the page numbering was adjusted to reflect the final version.

Specific dates were added to record the bill's passage by the House (April 14, 2026) and Senate (April 16, 2026).

Blank signature lines were added for the Governor and Secretary of State to formally approve and file the bill.

Blank signature lines and the 'Engrossed' status were removed, as the bill is now complete and signed.

Authorized a specific allocation of $40 million from the Legacy Capital Financing Fund for the University of Oklahoma to build or expand residence and classroom facilities.

Added a mandatory requirement that the University of Oklahoma must collect and match $10 million in funds before any state money can be distributed.

Modified the repayment schedule to require recapitalization payments to begin no later than May of the fiscal year the bill becomes law.

Established a hard start date of July 1, 2027, or a later date contingent on the university verifying the $10 million match, replacing the previous effective date of November 1, 2026.

Removed references to non-codification and replaced them with instructions to codify the law as Section 187A-15 of Title 73.