HB 2516 creates the "Base Infrastructure Needs and Development - Schools Revolving Fund" (BIND-Schools Fund) within Oklahoma's State Treasury to support military base infrastructure. The fund, which has no annual budget restrictions, provides resources for the Oklahoma Military Department to invest in new construction or improvements to education facilities located on military bases. These investments aim to either reduce the risk of military base closures or encourage base expansions within Oklahoma. The law became effective July 1, 2025, after passing without the Governor's signature.
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.
HB 2797 prohibits Oklahoma's Health Care Authority (OHCA) from using statistical methods like extrapolation to audit Medicaid home and community-based service claims, which could require providers to repay overpayments. It invalidates all past audits using these methods (January 2020-November 2025) and voids related repayment demands. The bill requires OHCA and the Department of Human Services to jointly develop new audit standards and provide training for providers by November 2027. It also mandates compliance with existing fraud reporting rules and updates audit responsibilities for Medicaid waiver programs.
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.
HB 2773 allocates $250 million from Oklahoma's Legacy Capital Financing Fund to Oklahoma State University Veterinary Medicine Authority (OSUVMA) for constructing, refurbishing, or expanding animal teaching hospitals and related facilities. The funds become available after July 1, 2026, with repayment structured as 20-year recapitalization payments starting in the 2026 state fiscal year. This bill directly benefits OSUVMA by enabling facility improvements for veterinary education and care, using existing state capital funds without creating new state obligations.
HB 2774 allocates $200 million from Oklahoma's Legacy Capital Financing Fund to the University Hospitals Authority for constructing, refurbishing, or expanding facilities dedicated to pediatric heart care. It directly affects the University Hospitals Authority, enabling them to build or upgrade specialized centers for diagnosing and treating children with heart conditions. The bill specifies that funds must be used solely for this purpose, with recapitalization payments beginning in the 2026 state fiscal year. The legislation becomes law without gubernatorial action, effective May 29, 2025.
SB 287 extends Oklahoma's aerospace tax credit program, allowing employers in the aerospace sector to claim credits for tuition reimbursement and compensation paid to qualified employees through 2031. The credit for tuition is 50% of the cost (capped at the average public tuition in Oklahoma) for the first four years of employment, while the credit for compensation is 10% for employees with Oklahoma degrees or 5% for out-of-state graduates, applicable for the first five years of employment. This bill affects aerospace businesses and certain educational institutions, specifically targeting employees with ABET-accredited aerospace engineering degrees or licensed engineers.
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.
