Tourism; Oklahoma Tourism and Recreation Department Revolving Fund; properties; funds appropriated; creating the Real Property Proceeds Revolving Fund; funds appropriated; interest. Effective date.
SB 248 modifies how funds from real property sales are allocated to the Oklahoma Tourism and Recreation Department Revolving Fund. It requires that all money derived from selling, leasing, or transferring state-owned real property (excluding concessionaire agreements) must be used *exclusively* for maintenance and capital projects at Oklahoma state parks. The bill explicitly prohibits using these funds for any employee compensation at state agencies. This change ensures property sale revenue directly supports park improvements rather than staffing costs, while keeping other fund uses for department operations and real property purchases.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2025
Committee Review
May 2026
Senate Passage
May 2026
House Passage
May 2026
Signed into Law
May 2026
Introduced Feb 3, 2025
Signed May 29, 2026
Maddy AI version diff · 7 comparisons
What changed between versions
Floor (House)
→
Floor (Senate)
·
4 edits
MODERATE
The bill was moved from the House to the Senate floor, resulting in significant structural and substantive changes. The House version contained two separate sections for two different revolving funds, while the Senate version consolidates these into a single fund. Additionally, the Senate version removed a specific requirement for funds to be included in a five-year capital planning commission update and changed the bill's effective date from November 1, 2026, to November 1, 2025.
Scope change
The bill's scope changed from establishing two distinct revolving funds to establishing a single consolidated fund that combines the original fund and the new Real Property Proceeds Revolving Fund.
STRUCTURE
Two separate revolving funds defined in the House version were merged into one consolidated fund in the Senate version.
REQUIREMENT
A requirement for real property proceeds to be included in an annually updated five-year capital planning plan was removed.
TIMELINE
The effective date of the act was changed from November 1, 2026, to November 1, 2025.
TECHNICAL
The bill title and sponsor information were updated to reflect Senate floor amendments and co-authors.
Floor votes · Senate Mar 26, 2026 · House May 6, 2026
How they voted
32–14
Passed · 4 other
Total votes 50
Mar 26, 2026
D
Democratic9
55% Nay
R
Republican41
70% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
33
Key actions
11
Committee
9
Amendments
1
May 29, 2026
Signed into law
Approved by Governor 05/20/2026
upper
May 14, 2026
Committee
Referred for enrollment
upper
May 14, 2026
Upper · Passed
Measure passed: Ayes: 35 Nays: 13
upper
May 14, 2026
Upper · Passed
HAs adopted
upper
May 6, 2026
Lower · Passed
Engrossed, signed, to Senate
lower
May 6, 2026
Committee
Referred for engrossment
lower
May 6, 2026
Lower · Passed
Third Reading, Measure passed: Ayes: 69 Nays: 17
lower
Apr 22, 2026
Lower · Passed
CR; Do Pass, amended by committee substitute Appropriations and Budget Committee
lower
Apr 13, 2026
Lower · Passed
Recommendation to the full committee; Do Pass Appropriations and Budget Natural Resources Subcommittee
lower
Apr 2, 2026
Committee
Referred to Appropriations and Budget Natural Resources Subcommittee
lower
Mar 30, 2026
Introduced
First Reading
lower
Mar 30, 2026
Upper · Passed
Engrossed to House
upper
Mar 26, 2026
Committee
Referred for engrossment
upper
Mar 26, 2026
Upper · Passed
Measure passed: Ayes: 30 Nays: 14
upper
Mar 26, 2026
Introduced
General Order, Amended by Floor Substitute
upper
Feb 26, 2025
Upper · Passed
Reported Do Pass as amended Appropriations committee; CR filed
upper
Feb 11, 2025
Committee
Referred to Appropriations
upper
Feb 11, 2025
Upper · Passed
Reported Do Pass Economic Development, Workforce and Tourism committee; CR filed
upper
Feb 3, 2025
Introduced
First Reading
upper
2 primary · 0 co-sponsors
Sponsors
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