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OK HB4478

Bill

Status

Introduced

2/2/2026

Primary Sponsor

Jared Deck

Click for details

Origin

House of Representatives

2026 Regular Session

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