OK HB3979

Infrastructure Pool cap increases from $100 million to $125 million for pooled financing of authorized infrastructure projects benefiting two or more eligible local government entities

Economic Development Pool cap increases from $100 million to $125 million for pooled financing of economic development projects benefiting local governments or business entities

65% of net proceeds from both pools must be used for municipalities with populations not exceeding 300,000 persons

35% of net proceeds from both pools may be used for any eligible local government entities regardless of population size

Effective date: November 1, 2026