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OK HB4311

Bill

Official Source

Status

Introduced

2/2/2026

Primary Sponsor

Jason Blair

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Increases the maximum service charge the State Treasurer may deduct for administering the Unclaimed Property Fund from 4% to 6% of monies accruing to the state
  • Service charges cover administrative costs including legal counsel for compliance and computer hardware/software for the unclaimed property program
  • Effective date of July 1, 2026, with an emergency clause allowing immediate effect upon passage and approval
  • Passed the Committee on Government Oversight on March 5, 2026 with a "Do Pass" recommendation

Legislative Description

Property; Unclaimed Property Act; expenses; effective date; emergency.

Last Action

Authored by Senator Daniels (principal Senate author)

3/5/2026

Committee Referrals

General Government2/3/2026
Government Oversight2/3/2026

Full Bill Text

No bill text available