OK HB1549

Creates the "Private Activity Bond Modernization Act of 2025" to restructure Oklahoma's private activity bond allocation pools, reducing the number of pools from 10 to 4 main categories: Student Loan Pool (10%), Economic Development Pool (25%), Housing Pool (40%), and Discretionary Pool (25%)

Eliminates several existing pools including the Beginning Agricultural Producer Pool, Exempt Facility Pool, Qualified Small Issue Pool, State Issuer Pool, Local Issuer Single Family Pool, Metropolitan Area Housing Pool, and Rural Area Housing Pool

Establishes a new fee structure for bond allocation applications: no fee for initial pool allocations, 0.5 basis point (0.005%) for Consolidated Pool allocations, and 1 basis point (0.01%) for carryforward allocations, with fees deposited into the Bond Oversight Revolving Fund

Changes the annual confirmation expiration date for private activity bonds and mortgage credit certificate programs from December 20 to December 1, requiring final certification by 9:00 a.m. on December 1

Effective date is November 1, 2025