Loading chat...
OK SB2148
Bill
Status
2/2/2026
Primary Sponsor
Lonnie Paxton
Click for details
AI Summary
-
Creates the Oklahoma Dream Account Investment Program, administered by the State Treasurer, to provide one-time $250 contributions to federally authorized Trump Accounts established under 26 U.S.C. Section 530A
-
Eligible children must be under 18 years old, U.S. citizens with valid Social Security numbers, Oklahoma residents, and have an established Trump Account
-
Establishes the Oklahoma Trump Account Investment Fund as a revolving fund in the State Treasury to finance the contributions, not subject to fiscal year limitations
-
Contributions processed in order of verified application submission, subject to fund availability and federal contribution limits
-
Effective date of July 1, 2026, with emergency clause for immediate effect upon passage and approval
Legislative Description
Investment accounts; creating the Oklahoma Dream Accounts Investment Program; Trump Accounts; contributions. Effective date. Emergency.
Last Action
Second Reading referred to Revenue and Taxation Committee then to Appropriations Committee
2/3/2026