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OK HB4478
Bill
Status
Introduced
2/2/2026
Primary Sponsor
Jared Deck
Click for details
AI Summary
- Removes the requirement for school districts to deposit school activity funds by the end of the next business day
- Increases the deposit accumulation threshold from $100 to $500, allowing districts to hold funds until the accumulated balance reaches $500
- Requires school districts to deposit accumulated school activity funds at least once per business week, regardless of whether the total reaches $500
- Amends 70 O.S. 2021, Section 5-129 relating to school activity fund management
- Effective date is November 1, 2026
Legislative Description
Schools; school activity fund; requiring certain funds to be deposited at least once per business week; effective date.
Last Action
Emergency removed
3/5/2026
Committee Referrals
Appropriations and Budget Education Subcommittee2/3/2026
Appropriations and Budget2/3/2026
Full Bill Text
No bill text available