Oklahoma legislation · 2026 Regular Session
Oklahoma HB3625: Schools; investment; funds; effective date; emergency.
Status: In committee, April 8, 2026
What the bill says
An Act relating to schools; amending 70 O.S. 2021, Section 5-115, which relates to investment of funds; modifying provisions related to authorized investments; providing an effective date; and declaring an emergency.
From the engrossed text, April 7, 2026:
An Act relating to schools; amending 70 O.S. 2021, Section 5-115, which relates to investment of funds; modifying provisions related to authorized investments; providing an effective date; and declaring an emergency. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. AMENDATORY 70 O.S. 2021, Section 5-115, is amended to read as follows: Section 5-115. A. Unless the context clearly shows otherwise, the term "treasurer", as used in this section, includes a county treasurer acting as the treasurer of a school district pursuant to the provisions of Section 5-114 of this title. The treasurer so appointed shall execute, before entering upon the duties of the office of the treasurer, a surety bond in an amount which it is estimated by the board of education the treasurer will have on hand at any one time during the current year, and the amount of securities held as investments shall not be considered. The board of education is empowered to require the treasurer to increase or SENATE FLOOR VERSION - HB3625 SFLR Page (Bold face denotes Committee Amendments) decr ease the bond of the treasurer as the amount of funds on hand may require. Provided, the bond of a school district shall not, in any event, be required to be in an amount greater than that of the county treasurer …
Sponsors
- Mark Lawson (R, HD-030) · primary sponsor
Latest actions
- : Placed on General Order
- : Reported Do Pass Revenue and Taxation committee; CR filed
- : Second Reading referred to Revenue and Taxation
- : First Reading
- : Engrossed, signed, to Senate
- : Referred for engrossment
- : Third Reading, Measure and Emergency passed: Ayes: 88 Nays: 4
- : General Order
- : Authored by Senator Rader (principal Senate author)
- : CR; Do Pass Government Oversight Committee
Votes
- Senate Revenue & Taxation Committee (April 6, 2026): 10 yea, 0 nay, passed
- Third Reading (March 11, 2026): 88 yea, 4 nay, passed
- Floor Vote (March 5, 2026): 15 yea, 0 nay, passed
- Floor Vote (February 17, 2026): 7 yea, 0 nay, passed
Subjects: Funds, Education
Common questions
- What is HB3625?
- HB3625 is a bill in the Oklahoma Legislature (2026 Regular Session): Schools; investment; funds; effective date; emergency.
- What does HB3625 do?
- In its own words: An Act relating to schools; amending 70 O.S. 2021, Section 5-115, which relates to investment of funds; modifying provisions related to authorized investments; providing an effective date; and declaring an emergency.
- What is the status of HB3625?
- In committee as of April 8, 2026. Latest action: Placed on General Order (April 8, 2026).
- Who sponsored HB3625?
- Mark Lawson (R, HD-030).
- Where is the official record for HB3625?
- On the Oklahoma Legislature website: https://www.oklegislature.gov/BillInfo.aspx?Bill=HB3625&Session=2600
Source: official Oklahoma record. Tracked by Delilah, AI for legislation across all 50 states and Congress.