Oklahoma legislation · 2026 Regular Session
Oklahoma HB3944: Public finance; State Finance Act; reporting; budget request procedures; fund allotment procedures; fund transfer procedures; administration; effective date.
Status: Signed into law, May 6, 2026
What the bill says
An Act relating to public finance; amending 62 O.S. 2021, Sections 34.3.1, 34.38, 34.40, 34.42, as last amended by Section 3, Chapter 199, O.S.L. 2025, 34.43, 34.49, 34.52, 34.80, and 45.10 (62 O.S. Supp. 2025, Section 34.42), which relate to the reporting and procedural requirements of the State Finance Act; eliminating obsolete references; updating references; modifying elements of and submission date for certain budget documents; expanding limitations for expending lump sum appropriations; limiting allotments and reporting to fiscal years…
From the enrolled text, April 30, 2026:
An Act relating to public finance; amending 62 O.S. 2021, Sections 34.3.1, 34.38, 34.40, 34.42, as last amended by Section 3, Chapter 199, O.S.L. 2025, 34.43, 34.49, 34.52, 34.80, and 45.10 (62 O.S. Supp. 2025, Section 34.42), which relate to the reporting and procedural requirements of the State Finance Act; eliminating obsolete references; updating references; modifying elements of and submission date for certain budget documents; expanding limitations for expending lump sum appropriations; limiting allotments and reporting to fiscal years; permitting designation of allotment request officers; simplifying information technology budget reporting requirements; modifying procedures related to mid-year budget transfer requests; clarifying deposit of cancelled warrants related to federal funds; simplifying certain metrics reporting requirements; amending 62 O.S. 2021, Section 34.6, as amended by Section 2, Chapter 14, 2nd Extraordinary Session, O.S.L. 2022, Section 34.36, as amended by Section 2, Chapter 199, O.S.L. 2025, Section 34.36.1, 34.56, 34.95, 34.401, and 45.5 (62 O.S. Supp. 2025, Sections 34.6, 34.36, 34.36.1, 34.56, 34.95, 34.401, and 45.5), which relate to the powers and duties of the Director of Management and Enterprise Services and other officials with regard to the State Finance Act; eliminating certain reporting and certification requirements; updating references to legislative entities; vesting surviving authority of the Special Agency Account Board; authorizing the utilization of certain information; limiting certain procedural requirement to certain period; …