Oklahoma legislation · 2026 Regular Session
Oklahoma HB3311: Oklahoma Community Economic Development Pooled Finance Act; infrastructure pool limits; effective date.
Status: In committee, February 12, 2026
What the bill says
An Act relating to the Oklahoma Community Economic Development Pooled Finance Act; amending 62 O.S. 2021, Section 891.7, which relates to the infrastructure pool; modifying limits; amending O.S. 2021, Section 891.8, which relates to the Economic Development Pool; modifying limits; and providing an effective date.
From the introduced text, January 14, 2026:
An Act relating to the Oklahoma Community Economic Development Pooled Finance Act; amending 62 O.S. 2021, Section 891.7, which relates to the infrastructure pool; modifying limits; amending O.S. 2021, Section 891.8, which relates to the Economic Development Pool; modifying limits; and providing an effective date. SECTION 1. AMENDATORY 62 O.S. 2021, Section 891.7, is amended to read as follows: Section 891.7. A. The Authority shall be authorized to act as a conduit issuer for the benefit of two or more eligible local government entities for an authorized infrastructure project using the Infrastructure Pool. B. The Authority shall be authorized to issue its obligations in order to provide net proceeds on a pooled basis not to exceed One Hundred Twenty-five Million Dollars ($100,000,000.00) Req. No. 13847 ($12 5,000,000.00) for the Infrastructure Pool. The Authority shall be authorized to issue obligations within the limit prescribed by this subsection based upon the defeasance of previously issued obligations. C. Except as otherwise provided by subsection F of this section, proceeds from the Infrastructure Pool shall be for the purpose of providing financing for two or more eligible local government entities for an authorized infrastructure project located in this state involving a pooled financing. D. Sixty-five percent (65%) of the net proceeds from the Infrastructure Pool shall be used by the Authority for the benefit …
Sponsors
- Ryan Eaves (R, HD-022) · primary sponsor
Latest actions
- : Referred to Rules
- : Withdrawn from Appropriations and Budget Committee
- : Withdrawn from Appropriations and Budget Natural Resources Subcommittee Committee
- : Referred to Appropriations and Budget Natural Resources Subcommittee
- : Second Reading referred to Appropriations and Budget
- : Authored by Representative Eaves
- : First Reading
Votes
- Floor Vote (February 9, 2026): 8 yea, 1 nay, passed
Subjects: Economic Development, Trusts and Pools, Public
Common questions
- What is HB3311?
- HB3311 is a bill in the Oklahoma Legislature (2026 Regular Session): Oklahoma Community Economic Development Pooled Finance Act; infrastructure pool limits; effective date.
- What does HB3311 do?
- In its own words: An Act relating to the Oklahoma Community Economic Development Pooled Finance Act; amending 62 O.S. 2021, Section 891.7, which relates to the infrastructure pool; modifying limits; amending O.S. 2021, Section 891.8, which relates to the Economic Development Pool; modifying limits; and providing an effective date.
- What is the status of HB3311?
- In committee as of February 12, 2026. Latest action: Referred to Rules (February 12, 2026).
- Who sponsored HB3311?
- Ryan Eaves (R, HD-022).
- Where is the official record for HB3311?
- On the Oklahoma Legislature website: https://www.oklegislature.gov/BillInfo.aspx?Bill=HB3311&Session=2600
Source: official Oklahoma record. Tracked by Delilah, AI for legislation across all 50 states and Congress.