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OK SB1639

Bill

Status

Introduced

2/2/2026

Primary Sponsor

Lonnie Paxton

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Removes the Oklahoma Capital Investment Board's authority to certify entities as qualified venture capital companies and to certify investments as qualifying Oklahoma business ventures for tax credit purposes

  • Repeals the Joint Legislative Committee for Review of Coordination of Efforts for Prevention of Adolescent Pregnancy and Sexually Transmitted Diseases, including its coordinating council, the Postponing Sexual Involvement for Young Teens program, and related state plan (63 O.S. Sections 1-236 through 1-238)

  • Repeals the School Finance Review Commission Act, eliminating the School Finance Review Commission and its duties (70 O.S. Sections 3-117.1 through 3-117.3)

  • Removes the Oklahoma Capital Investment Board from the list of state agencies with designated full-time-equivalent employee limits, which had been set at 4 employees

  • Effective July 1, 2026, with an emergency clause for immediate effect upon passage and approval

Legislative Description

Boards and commissions; repealing certain boards and commissions. Emergency.

Last Action

Placed on General Order

2/19/2026

Committee Referrals

Retirement and Government Resources2/3/2026

Full Bill Text

No bill text available