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OK HB2783
Bill
Status
5/29/2025
Primary Sponsor
Trey Caldwell
Click for details
AI Summary
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Amends 62 O.S. 2021, Section 2308 to change how Board of Directors members of the Tobacco Settlement Endowment Trust Fund serve their terms
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Removes the previous staggered term structure and replaces it with "at the pleasure of their appointing authority" status, meaning appointees can be removed at any time by whoever appointed them
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Maintains the maximum seven-year term limit for board members
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Board members continue to receive no salary but are entitled to travel expense reimbursement under the State Travel Reimbursement Act
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Passed the House on May 20, 2025 and the Senate on May 22, 2025
Legislative Description
Tobacco Settlement Endowment Trust; Board of Directors; providing appointees serve at the pleasure of their appointing authority.
Last Action
Becomes law without Governor's signature 05/29/2025
5/29/2025