OK SB582

Removes the requirement for agencies to provide estimated revenue collections for "the following two (2) fiscal years" beyond the ensuing fiscal year, limiting estimates to only the ensuing fiscal year

Eliminates the requirement for the Oklahoma Tax Commission's economic reports to include forecasts for "the following two (2) fiscal years," reducing the forecast period to only the current and ensuing fiscal years

Agencies collecting monies for General Revenue and Special Revenue Funds must still provide itemized estimates, methodology explanations, prior year actuals, and current year projections upon request from the Director of OMES

Oklahoma Tax Commission must continue providing comprehensive economic reports at least two weeks before State Board of Equalization meetings

Effective date: November 1, 2025