Oklahoma legislation · 2026 Regular Session
Oklahoma HB3463: Cities and towns; annual audit; agreed-upon-procedures; State Auditor and Inspector; Oklahoma Tax Commission; revolving fund; effective date; emergency.
Status: In committee, April 7, 2026
What the bill says
An Act relating to cities and towns; amending 11 O.S. 2021, Section 17-105, as last amended by Section 1, Chapter 287, O.S.L. 2024 (11 O.S. Supp. 2025, Section 17-105), which relates to annual audits of municipalities; requiring submission of annual financial statement audit by certain municipalities; permitting agreed-upon-procedures engagement; requiring copies be filed with State Auditor and Inspector six months after the close of the fiscal year; amending 11 O.S. 2021, Section 17-107, as amended by Section 3, Chapter 254, O.S.L. 2022 (11 O.S. Supp…
From the engrossed text, March 4, 2026:
An Act relating to cities and towns; amending 11 O.S. 2021, Section 17-105, as last amended by Section 1, Chapter 287, O.S.L. 2024 (11 O.S. Supp. 2025, Section 17-105), which relates to annual audits of municipalities; requiring submission of annual financial statement audit by certain municipalities; permitting agreed-upon-procedures engagement; requiring copies be filed with State Auditor and Inspector six months after the close of the fiscal year; amending 11 O.S. 2021, Section 17-107, as amended by Section 3, Chapter 254, O.S.L. 2022 (11 O.S. Supp. 2025, Section 17-107), which relates to failure of municipalities to file audit or agreedupon-procedures report; modifying period of withholding funds; clarifying citation; clarifying passage of House bill made section effectively not repealed; directing the Oklahoma Tax Commission to release certain funds; clarifying timeline for release of funds by the Oklahoma Tax Commission; providing for noncodification; providing an effective date; and declaring an emergency. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. AMENDATORY 11 O.S. 2021, Section 17-105, as last amended by Section 1, Chapter 287, O.S.L. 2024 (11 O.S. Supp. 2025, Section 17-105), is amended to read as follows: ENGR. H. B. NO. 3463 Page Section 17-105. A. The governing body of each municipality with Fifty Thousand Dollars ($50,000.00) or more in total revenue to all funds, including component units …