HB 2518 creates the "Base Infrastructure Needs and Development - Technology Revolving Fund" (BIND-Technology Fund) within Oklahoma's State Treasury to support military infrastructure. The Oklahoma Military Department uses this fund, alone or with other resources, to invest in projects like military simulation software licenses - aimed at preventing base closures or encouraging expansions in Oklahoma. The fund is permanent (not limited by fiscal years) and requires expenditures to be approved by the Office of Management and Enterprise Services. The bill became law without the Governor's signature on May 29, 2025.
SB 1143 appropriates $100,000 from the General Revenue Fund to the Office of Management and Enterprise Services for the State Election Board's voting system maintenance. It creates a "State Election Board Voting System Revolving Fund" to cover costs related to election systems, with funds replenished through future appropriations. This bill directly affects Oklahoma's election administration by providing dedicated funding for maintaining voting technology, effective immediately upon becoming law on May 29, 2025.
HB 2775 allocates $41.6 million from Oklahoma's Legacy Capital Financing Fund to construct, refurbish, or expand military facilities for the Oklahoma Military Department. The bill requires that recapitalization payments for this fund distribution begin only in the state fiscal year starting July 1, 2026, delaying repayment obligations. The Oklahoma Capitol Improvement Authority may distribute the funds in multiple payments and enter non-binding agreements with state agencies to facilitate the project, without creating legal obligations for the state. This directly benefits military infrastructure and operations across Oklahoma.
HB 2793 allocates $8,000,000 from Oklahoma’s Progressing Rural Economic Prosperity Fund to establish an Emergency Medicine Revolving Fund, as created by prior legislation (HB 2784). This fund will support ongoing emergency medical services, directly affecting hospitals and emergency care providers across the state. The appropriation becomes effective July 1, 2025, and the bill declares an emergency to expedite implementation. The bill does not create new taxes or services but redirects existing state funds to this specific purpose.
HB 2796 establishes the Oklahoma Disaster Mitigation and Recovery Matching Fund within the State Treasury, administered by the Oklahoma Department of Commerce. The bill creates nine separate accounts within the fund, with one account divided equally into two subaccounts to provide funding directly to cities, towns, or unincorporated areas through designated local entities. Key provisions require that no entity access more than one account per fiscal year, limit total annual spending per account to available funds, and prohibit using any funds for department salaries or administrative costs. The law became effective May 29, 2025, without a governor's signature, ensuring immediate availability of these funds for disaster recovery efforts.
SB 1129 appropriates $100,000 from Oklahoma's General Revenue Fund to the State Board of Education for purposes related to educational quality and accountability. The bill requires these funds to be used for specific duties assigned to the State Board under existing law, though it does not specify exact programs or beneficiaries. It declares an emergency to take immediate effect upon enactment, bypassing the usual 90-day waiting period. The legislation focuses solely on funding allocation without detailing how grants would be distributed or which educational programs would be directly impacted.
HB 2792 creates the "Progressing Rural Economic Prosperity Fund" (PREP Fund) as a continuing fund in Oklahoma, meaning it won't expire with fiscal years. The bill ensures specific existing appropriations - totaling $118.85 million from previous legislative sessions - continue funding rural economic projects without being subject to lapse. These funds support projects previously authorized under bills like HB 1016 and HB 1017 (2023), including infrastructure, business development, and community initiatives in rural Oklahoma. The law also allows the Legislature to reallocate funds as needed while preserving the original project allocations.
HB 2764 establishes a framework for determining when Oklahoma can reduce income tax rates based on state revenue levels. It requires the State Board of Equalization to annually certify five-year average revenue amounts from oil, natural gas, and corporate income taxes. If projected revenue exceeds these averages, specific portions (100% for oil/gas, 25% to a reserve fund and 75% to a stabilization fund for corporate tax) must be deposited into state funds. This bill directly affects Oklahoma taxpayers paying these specific taxes and sets the revenue thresholds that would trigger future income tax rate reductions. The law was approved by the Governor on May 28, 2025.
HB 1460 adds new fees for criminal convictions in Oklahoma. It requires courts to collect a $10 fee for most convictions (excluding parking violations) and a $150 laboratory analysis fee for cases involving forensic services from OSBI, the Chief Medical Examiner, or local agencies. Funds from these fees are deposited into specific accounts: the $150 fees go to OSBI, medical examiner, or local law enforcement revolving funds, while the $10 fees fund the CLEET Training Center and General Revenue. The bill also creates a $5 fee for misdemeanor marijuana possession cases, with proceeds going to a drug education fund. These fees apply to individuals convicted of offenses punishable by fines or jail time, excluding minor traffic violations.
HB 2781, the Reindustrialize Oklahoma Act of 2025 (ROA-25), creates a new economic development program offering rebates to qualifying manufacturing businesses. It requires applicants to commit to $2 billion in capital investments and create at least 700 new jobs in the first year (rising to 1,000+ annually), targeting businesses in manufacturing sectors (NAICS 31-33). The Oklahoma Department of Commerce administers the program, disbursing rebates from a dedicated fund (ROA-25 Beneficiary Revolving Fund) after verifying job creation and capital spending. The bill prohibits recipients from also claiming other state incentives like the Quality Jobs Program for the same project. The act was approved by the Governor on May 28, 2025.
