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OK HB1124
Bill
Status
5/12/2025
Primary Sponsor
Steve Bashore
Click for details
AI Summary
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Amends the Statewide Recovery Fund to remove Section 604 "Coronavirus Capital Projects Fund" from the fund's composition, retaining only Section 9901 "Coronavirus State and Local Recovery Funds" from the American Rescue Plan Act of 2021.
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Excludes funds dedicated to Nonentitlement Units of Local Government as described in the American Rescue Plan Act of 2021 from the Statewide Recovery Fund.
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Requires all interest and income derived from deposits to the Statewide Recovery Fund to be credited back to the fund, notwithstanding any other provision of law.
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Becomes effective November 1, 2025.
Legislative Description
Broadband; modifying make-up of fund; effective date.
Last Action
Becomes law without Governor's signature 05/11/2025
5/12/2025