OK
Oklahoma Senate Bill SB940

Oklahoma 2022 Regular Session

Oklahoma Senate Bill SB940

Introduced
2/1/21  
Refer
2/2/21  
Report Pass
2/24/21  
Engrossed
3/11/21  

Caption

Legislative Office of Fiscal Transparency; archiving information. Emergency.

Impact

The implementation of SB940 is expected to have significant implications on the state's laws regarding budget transparency and accountability. By mandating comprehensive performance audits and requiring agencies to provide detailed financial data, the bill could lead to a more informed legislative process and improve the transparency of state government operations. Furthermore, the establishment of a formal oversight mechanism may enhance the effectiveness of agencies by ensuring that they align their activities with the approved budget and legislative expectations.

Summary

SB940 establishes the Legislative Office of Fiscal Transparency in Oklahoma, which is tasked with gathering, analyzing, and archiving budget information from executive branch agencies. The bill outlines specific responsibilities for the Office, including the evaluation of agency budgets in relation to their statutory duties and the analysis of funding sources. The measure is aimed at enhancing the state's ability to oversee its agencies and improve fiscal accountability through systematic data collection and performance evaluations.

Sentiment

The sentiment surrounding SB940 appears to be generally positive, particularly among legislators who emphasize the need for greater transparency and scrutiny of government spending. Supporters argue that enhancing fiscal transparency will foster public trust in state institutions and help to identify inefficiencies in government operations. However, there may be concerns regarding the potential administrative burden this could place on agencies, as they may need to allocate substantial resources for compliance with the new oversight requirements.

Contention

Some notable points of contention include the potential for increased bureaucracy and the implications of having the oversight committee involved in the auditing process. Critics may argue that the oversight committee could inadvertently influence the operational independence of agencies or complicate their existing reporting structures. Nonetheless, proponents maintain that the added layer of accountability will ultimately benefit the state's governance and public sector effectiveness.

Latest SB940 Activity

Companion Bills

No companion bills found.

Previously Filed As

OK SB5

Legislative Office of Fiscal Transparency; establishing administrative rules division within Office. Effective date. Emergency.

OK SB1814

Legislative Office of Fiscal Transparency; establishing Administrative Rules Division within Office. Effective date. Emergency.

OK SB1217

Legislative Office of Fiscal Transparency; establishing administrative rules division within Office. Effective date. Emergency.

OK SB318

Administrative rules; creating the Regulations from the Executive in Need of Scrutiny (REINS) Act of 2025; requiring Legislative Office of Fiscal Transparency to conduct certain analyses. Effective date.

OK SB1394

Public finance; creating the Right Side Up Government Act; providing for transfer of certain costs and personnel; imposing certain duties on Legislative Office of Fiscal Transparency. Effective date.

OK SB0136

Legislative Offices Amendments

OK HB1688

Health information; creating the Health Care Transparency Initiative Act of 2023; emergency.

OK HB1688

Health information; creating the Health Care Transparency Initiative Act of 2023; emergency.

OK HB293

Provides for school board information to be accessible on the Louisiana Fiscal Transparency Website known as the Louisiana Checkbook

OK SB291

House Substitute for SB 291 by Committee on Legislative Modernization - Transferring all cybsersecurity services under the chief information technology officer of each branch of government, creating chief information security officers within the judicial and legislative branches, requiring a chief information security officer to be appointed by the attorney general, Kansas bureau of investigation, secretary of state, state treasurer and insurance commissioner and requiring the chief information security officers to implement certain minimum cybersecurity standards, requiring the information technology executive council to develop a plan to integrate executive branch information technology services under the executive chief information technology officer, making and concerning appropriations for the fiscal years ending June 30, 2025, and June 30, 2026, for the office of information technology, Kansas information security office and the adjutant general, authorizing certain transfers and imposing certain limitations and restrictions and directing or authorizing certain disbursements and procedures for all state agencies and requiring legislative review of state agencies not in compliance with this act.

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