What is the status of HB1268?

In committee as of April 1, 2026. Latest action: Second Reading referred to Rules (April 1, 2026).

Where is the official record for HB1268?

On the Oklahoma Legislature website: https://www.oklegislature.gov/BillInfo.aspx?Bill=HB1268&Session=2600

Oklahoma legislation · 2026 Regular Session

Oklahoma HB1268: Retirement; Public Employees Deferred Option Plan; participation; service credit; contributions; distributions; procedures; effective dates.

Q: What is HB1268?

HB1268 is a bill in the Oklahoma Legislature (2026 Regular Session): Retirement; Public Employees Deferred Option Plan; participation; service credit; contributions; distributions; procedures; effective dates.

Q: What does HB1268 do?

In its own words: A bill or ENGR. H. B. NO. 1268 Page RBH No. 16678 reso lution that impacts the revenue of any state tax in which a portion of the revenue generated from such tax is earmarked for the benefit of a retirement system; 8. "Retirement bill having a fiscal impact" means any retirement bill creating or establishing a retirement system and any other retirement bill other than a nonfiscal retirement bill; and 9. "Retirement system" means the Teachers' Retirement System of Oklahoma, the Oklahoma Public Employees Retirement System, the Uniform Retirement System for Justices and Judges, the Oklahoma Firef.

Status: In committee, April 1, 2026

What the bill says

A bill or ENGR. H. B. NO. 1268 Page RBH No. 16678 reso lution that impacts the revenue of any state tax in which a portion of the revenue generated from such tax is earmarked for the benefit of a retirement system; 8. "Retirement bill having a fiscal impact" means any retirement bill creating or establishing a retirement system and any other retirement bill other than a nonfiscal retirement bill; and 9. "Retirement system" means the Teachers' Retirement System of Oklahoma, the Oklahoma Public Employees Retirement System, the Uniform Retirement System for Justices and Judges, the Oklahoma Firef.

From the engrossed text, March 25, 2026:

a bill or ENGR. H. B. NO. 1268 Page RBH No. 16678 reso lution that impacts the revenue of any state tax in which a portion of the revenue generated from such tax is earmarked for the benefit of a retirement system; 8. "Retirement bill having a fiscal impact" means any retirement bill creating or establishing a retirement system and any other retirement bill other than a nonfiscal retirement bill; and 9. "Retirement system" means the Teachers' Retirement System of Oklahoma, the Oklahoma Public Employees Retirement System, the Uniform Retirement System for Justices and Judges, the Oklahoma Firefighters Pension and Retirement System, the Oklahoma Police Pension and Retirement System, the Oklahoma Law Enforcement Retirement System, or a retirement system established after January 1, 2006. SECTION 2. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 914.1 of Title 74, unless there is created a duplication in numbering, reads as follows: A. In lieu of terminating employment and accepting a service retirement pension pursuant to Section 914 of this title, licensed emergency medical personnel, as defined pursuant to Section 1-2503 of Title 63 of the Oklahoma Statutes, holding a license issued by the State Department of Health pursuant to Section 1-2505 of Title 63 of the Oklahoma Statutes, including emergency medical responders, emergency medical …

Read the full official text

Oklahoma HB1268: Retirement; Public Employees Deferred Option Plan; participation; service credit; contributions; distributions; procedures; effective dates.

What the bill says

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