Oklahoma 2022 Regular Session

Oklahoma House Bill HB4123 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1	1		RBH No. 10813
2	2
3		-	ENGR. H. B. NO. 4123 Page 1 1
	3	+	HB4123 HFLR Page 1
	4	+	BOLD FACE denotes Committee Amendments. 1
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28		-	ENGROSSED HOUSE
29		-	BILL NO. 4123 By: Frix of the House
	29	+	HOUSE OF REPRESENTATIVES - FLOOR VERSION
	30	+
	31	+	STATE OF OKLAHOMA
	32	+
	33	+	2nd Session of the 58th Legislature (2022)
	34	+
	35	+	COMMITTEE SUBSTITUTE
	36	+	FOR
	37	+	HOUSE BILL NO. 4123 By: Frix of the House
30	38
31	39		and
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33	41		Stanley of the Senate
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39	47
40		-	[ public retirement system s - Oklahoma Pension
41		-	Legislation Actuarial Analysis Act - modifying
	48	+
	49	+	COMMITTEE SUBSTITUTE
	50	+
	51	+	An Act relating to public retirement system s;
	52	+	amending 62 O.S. 2021, Section 3103, which relates to
	53	+	the Oklahoma Pension Legislation Actuarial Analysis
	54	+	Act; modifying definition; amending 74 O.S. 2021,
	55	+	Section 914, which relates to ret irement; modifying
42	56		period of time required with respect to post-
43		-	retirement employment - contingent effective
44		-	dates –
45		-	emergency ]
	57	+	retirement employment; providing effective dates;
	58	+	providing for contingent effective dates based on
	59	+	outcome of approval of the emergency clause; and
	60	+	declaring an emergency .
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50	65		BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLA HOMA:
51	66		SECTION 1. AMENDATORY 62 O.S. 2021, Section 3103 , is
52	67		amended to read as follows:
53	68		Section 3103. As used in the Oklahoma Pension Legislation
54		-	Actuarial Analysis Act:
55		-	1. "Amendment" means any amendment, including a su bstitute
56		-	bill, made to a retirement bill by any commi ttee of the House or
57		-	Senate, any conference committee of the House or Senate or by the
58		-	House or Senate; RBH No. 10813
	69	+	Actuarial Analysis Act: RBH No. 10813
59	70
60		-	ENGR. H. B. NO. 4123 Page 2 1
	71	+	HB4123 HFLR Page 2
	72	+	BOLD FACE denotes Committee Amendments. 1
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	97	+	1. "Amendment" means any amendment, including a su bstitute
	98	+	bill, made to a retirement bill by any commi ttee of the House or
	99	+	Senate, any conference committee of the House or Senate or by the
	100	+	House or Senate;
85	101		2. "RB number" means that number preced ed by the letters "RB"
86	102		assigned to a retirement bill by the respective staffs of the
87	103		Oklahoma State Senate and the Oklahoma House of Representatives when
88	104		the respective staff office prepares a retirement bill for a member
89	105		of the Legislature;
90	106		3. "Legislative Actuary" means the firm or entit y that enters
91	107		into a contract with the Legislative Service Bureau pursuant to
92	108		Section 452.15 of Title 74 of the Oklahoma Statutes to provide the
93	109		actuarial services and other duties provided for in the Oklahoma
94	110		Pension Legislation Actuarial Analysis Act;
95	111		4. "Nonfiscal amendment" means an amendment to a retirement
96	112		bill having a fiscal impact, which amendment does not change any
97	113		factor of an actuarial investigation specified in subsection A of
98	114		Section 3109 of this title;
99	115		5. "Nonfiscal retirement bill " means a retirement bill:
100	116		a. which does not affect the cost or funding factors of a
101	117		retirement system,
102	118		b. which affects such factors only in a manner which does
103		-	not:
104		-	(1) grant a benefit increase under the retirement
105		-	system affected by the bill,
106		-	(2) create an actuarial accrued liability for or
107		-	increase the actuarial accrued liab ility of the
108		-	retirement system affected by the bill, or RBH No. 10813
	119	+	not: RBH No. 10813
109	120
110		-	ENGR. H. B. NO. 4123 Page 3 1
	121	+	HB4123 HFLR Page 3
	122	+	BOLD FACE denotes Committee Amendments. 1
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	147	+	(1) grant a benefit increase under the retirement
	148	+	system affected by the bill,
	149	+	(2) create an actuarial accrued liability for or
	150	+	increase the actuarial accrued liab ility of the
	151	+	retirement system affected by the bill, or
135	152		(3) increase the normal cost of the retirement system
136	153		affected by the bill,
137	154		c. which authorizes the purchase by an active member of
138	155		the retirement system, at the actuarial cost for the
139	156		purchase as computed pursuant to the statute in effect
140	157		on the effective date of the measure allowing such
141	158		purchase, of years of service for purposes of reaching
142	159		a normal retirement date in the applicable r etirement
143	160		system, but which cannot be used in order to compute
144	161		the number of years o f service for purposes of
145	162		computing the retirement benefit for the member,
146	163		d. which provides for the computation of a service -
147	164		connected disability retirement benefit for me mbers of
148	165		the Oklahoma Law Enforcement Retirement System
149	166		pursuant to Section 2-305 of Title 47 of the Oklahoma
150	167		Statutes if the members were unable to complete twenty
151	168		(20) years of service as a result of the disability,
152	169		e. which requires membership in the de fined benefit plan
153		-	authorized by Section 901 et seq. of Title 74 of the
154		-	Oklahoma Statutes for persons whose first elected or
155		-	appointed service occurs on or after November 1, 2018,
156		-	if such persons had any prior service in the Oklahoma
157		-	Public Employees Retir ement System prior to No vember
158		-	1, 2015, RBH No. 10813
	170	+	authorized by Section 901 et seq. of Title 74 of the RBH No. 10813
159	171
160		-	ENGR. H. B. NO. 4123 Page 4 1
	172	+	HB4123 HFLR Page 4
	173	+	BOLD FACE denotes Committee Amendments. 1
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	198	+	Oklahoma Statutes for persons whose first elected or
	199	+	appointed service occurs on or after November 1, 2018,
	200	+	if such persons had any prior service in the Oklahoma
	201	+	Public Employees Retir ement System prior to No vember
	202	+	1, 2015,
185	203		f. which provides for a one-time increase in retirement
186	204		benefits if the increase in retirement benefits is not
187	205		a permanent increase in the gross annual retirement
188	206		benefit payable to a member or beneficiary, occurs
189	207		only once pursuant to a si ngle statutory authorization
190	208		and does not exceed:
191	209		(1) the lesser of two percent (2%) of the gross
192	210		annual retirement benefit of the member or One
193	211		Thousand Dollars ($1,000.00) and requires that
194	212		the benefit may only be provided if the funded
195	213		ratio of the affected retirement system would not
196	214		be less than sixty percent (60%) but not greater
197	215		than eighty percent (80%) after the benefit
198	216		increase is paid,
199	217		(2) the lesser of two percent (2%) of the gross
200	218		annual retirement benefit of the member or One
201	219		Thousand Two Hundred Dollars ($1,200.00) and
202	220		requires that the benefit may on ly be provided if
203		-	the funded ratio of the affected retirement
204		-	system would be greater than eighty percent (80 %)
205		-	but not greater than one hundred percent (100%)
206		-	after the benefit increase is paid,
207		-	(3) the lesser of two percent (2%) of the gross
208		-	annual retirement benefit of the member or One RBH No. 10813
	221	+	the funded ratio of the affected retirement RBH No. 10813
209	222
210		-	ENGR. H. B. NO. 4123 Page 5 1
	223	+	HB4123 HFLR Page 5
	224	+	BOLD FACE denotes Committee Amendments. 1
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	249	+	system would be greater than eighty percent (80%)
	250	+	but not greater than one hundred percent (100%)
	251	+	after the benefit increase is paid,
	252	+	(3) the lesser of two percent (2%) of the gross
	253	+	annual retirement benefit of the member or One
235	254		Thousand Four Hundred Dollars ($1,400.00) and
236	255		requires that the benefit may only be provided if
237	256		the funded ratio of the affected retireme nt
238	257		system would be great er than one hundred percent
239	258		(100%) after the benefit increas e is paid, or
240	259		(4) the greater of two percent (2%) of the gross
241	260		annual retirement benefit of the volunteer
242	261		firefighter or One Hundred Doll ars ($100.00) for
243	262		persons who retired from the Oklahoma
244	263		Firefighters Pension and Retirement System as
245	264		volunteer firefighters and who did not retire
246	265		from the Oklahoma Firefighters Pension and
247	266		Retirement System as a paid firefighter.
248	267		As used in this subparag raph, "funded ratio" means the
249	268		figure derived by dividing t he actuarial value of
250	269		assets of the applicable retirement sy stem by the
251	270		actuarial accrued liability of the applicable
252		-	retirement system,
253		-	g. which modifies the disability pension standard for
254		-	police officers who are members of the Ok lahoma Police
255		-	Pension and Retirement System as provided by Section 3
256		-	of this act, or RBH No. 10813
	271	+	retirement system, RBH No. 10813
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258		-	ENGR. H. B. NO. 4123 Page 6 1
	273	+	HB4123 HFLR Page 6
	274	+	BOLD FACE denotes Committee Amendments. 1
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	299	+	g. which modifies the disability pension standard for
	300	+	police officers who are members of the Ok lahoma Police
	301	+	Pension and Retirement System as provided by Section 3
	302	+	of this act, or
283	303		h. which provides a cost-of-living benefit increase
284	304		pursuant to the provisions of Sections 2 through 7 of
285	305		this act, or
286	306		i. which modifies the provisions related to post-
287	307		retirement employment for the Oklahoma Public
288	308		Employees Retirement System as provided by Sect ion 2
289	309		of this act.
290	310		A nonfiscal retirement bill shall include any retirement bill that
291	311		has as its sole purpose the appropriat ion or distribution or
292	312		redistribution of monies in some manner to a retirement system for
293	313		purposes of reducing the unfunded liabilit y of such system or the
294	314		earmarking of a portion of the revenue from a tax to a retirement
295	315		system or increasing the percentag e of the revenue earmarked fr om a
296	316		tax to a retirement system;
297	317		6. "Reduction-in-cost amendment" means an amendment to a
298	318		retirement bill having a fiscal imp act which reduces the cost of the
299	319		bill as such cost is determined by the ac tuarial investigation for
300	320		the bill prepared pursuant t o Section 3109 of this title;
301	321		7. "Retirement bill" means any bill or joint resolution
302		-	introduced or any bill or joint resoluti on amended by a member of
303		-	the Oklahoma Legislature which creates or amends any law directly
304		-	affecting a retirement system. A re tirement bill shall not mean a
305		-	bill or resolution that impacts the revenue of any state tax in RBH No. 10813
	322	+	introduced or any bill or joint resoluti on amended by a member of RBH No. 10813
306	323
307		-	ENGR. H. B. NO. 4123 Page 7 1
	324	+	HB4123 HFLR Page 7
	325	+	BOLD FACE denotes Committee Amendments. 1
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	350	+	the Oklahoma Legislature which creates or amends any law directly
	351	+	affecting a retirement system. A re tirement bill shall not mean a
	352	+	bill or resolution that impacts the revenue of any state tax in
332	353		which a portion of the revenue ge nerated from such tax is earmarked
333	354		for the benefit of a retirement system;
334	355		8. "Retirement bill having a fiscal impact " means any
335	356		retirement bill creating or establishing a retirement system and any
336	357		other retirement bill other than a nonfiscal retirement b ill; and
337	358		9. "Retirement system" means the Teachers' Retirement System of
338	359		Oklahoma, the Oklahoma Public Employees Retir ement System, the
339	360		Uniform Retirement System for Justices and Judges, the Oklahoma
340	361		Firefighters Pension and Retirem ent System, the Oklahom a Police
341	362		Pension and Retirement System, the Oklahoma Law Enforcement
342	363		Retirement System, or a retirement system establis hed after January
343	364		1, 2006.
344	365		SECTION 2. AMENDATORY 74 O.S. 2021, Section 914, is
345	366		amended to read as follows:
346	367		Section 914. A. The normal retirement date for a member of the
347	368		Oklahoma Public Employees Retirem ent System shall be as defined in
348	369		Section 902 of this title, provided members employed on o r after
349	370		January 1, 1983, shall have six (6) or m ore years of full-time-
350	371		equivalent employment with a participating employer before receiving
351	372		any retirement benefits o r if the member is a legislative session
352		-	employee of the Legislature, shall have three (3) or more years of
353		-	full-time-equivalent employment with a participating employer before
354		-	receiving any retirement benefits. In no event shall a normal
355		-	retirement date for a member be before six (6) months after the RBH No. 10813
	373	+	employee of the Legislature, shall have three (3) or more years of RBH No. 10813
356	374
357		-	ENGR. H. B. NO. 4123 Page 8 1
	375	+	HB4123 HFLR Page 8
	376	+	BOLD FACE denotes Committee Amendments. 1
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	401	+	full-time-equivalent employment with a participating employer before
	402	+	receiving any retirement benefits. In no event shall a normal
	403	+	retirement date for a member be before six (6) months after the
382	404		entry date of the participating employer by whom he or she is
383	405		employed.
384	406		B. A member may be employed beyond the normal retirement date
385	407		by the appointing authority of the participating employer. However,
386	408		the member may not receive retirement pay so long as the member
387	409		continues employment under this act. Any member who has terminated
388	410		employment with a participating employer prior to the month
389	411		immediately preceding said member 's normal retirement date must
390	412		elect a vested benefit pursuant to Section 917 of thi s title before
391	413		receiving any retirement be nefits.
392	414		C. Notice for retirement shall be filed through the retirement
393	415		coordinator for the participating employer in such form and manner
394	416		as the Board shall prescri be; provided, that such notice for
395	417		retirement shall be filed with the office of the retirem ent system
396	418		at least sixty (60) days prior to the date selected for the member's
397	419		retirement; provided further, that the Executive Director may waive
398	420		the sixty-day notice for good cause shown as defined by the Board.
399	421		1. The participating employer shall prov ide the System with the
400	422		following information fo r a retiring member, no later than the
401	423		fifteenth day of the month of retirement: last day physically on
402		-	the job; last day on payroll; and fi nal unused sick leave bal ance.
403		-	2. Failure to submit this informati on by the deadline, or
404		-	errors in submitted infor mation that result in a disqualification of
405		-	retirement eligibility shall be the responsibility of the RBH No. 10813
	424	+	the job; last day on payroll; and fi nal unused sick leave bal ance. RBH No. 10813
406	425
407		-	ENGR. H. B. NO. 4123 Page 9 1
	426	+	HB4123 HFLR Page 9
	427	+	BOLD FACE denotes Committee Amendments. 1
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	452	+	2. Failure to submit this informati on by the deadline, or
	453	+	errors in submitted infor mation that result in a disqualification of
	454	+	retirement eligibility shall be the responsibility of the
432	455		participating employer. In cases where the error results in
433	456		disqualification of retirement eligibility, i t is the participating
434	457		employer's responsibility to reemploy the member, or retain the
435	458		member on the payroll, for time period required to reach
436	459		eligibility, not exce eding two (2) months.
437	460		D. No retirement benefits shall be payable to any member until
438	461		the first day of the month following the termination of the member's
439	462		employment with any participating employer. The type of retirement
440	463		benefit selected by a member may not be changed on or after the
441	464		effective date of the member's retirement. Receipt of worke rs'
442	465		compensation benefits shall in no respect di squalify the retiree for
443	466		benefits.
444	467		E. If a retiree should be elected or appointed to any position
445	468		or office for which compensation for service is paid from levies or
446	469		taxes imposed by the state or any politic al subdivision thereof, the
447	470		retiree shall not receive any retirement benefit for any month for
448	471		which the retiree serves in such position or office after the
449	472		retiree has received compensation in a sum equal to the amount
450	473		allowable as wages or earnings by t he Social Security Administration
451	474		in any calendar year. This subsection shall not apply to service
452		-	rendered by a retiree as a juror, as a witness in a ny legal
453		-	proceeding or action, as an election board judge or cl erk, or in any
454		-	other office or position of a similar nature, or to an employer that
455		-	is not a participating employer. Provided, further, that any RBH No. 10813
	475	+	rendered by a retiree as a juror, as a witness in any legal RBH No. 10813
456	476
457		-	ENGR. H. B. NO. 4123 Page 10 1
	477	+	HB4123 HFLR Page 10
	478	+	BOLD FACE denotes Committee Amendments. 1
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	503	+	proceeding or action, as an election board judge or cl erk, or in any
	504	+	other office or position of a similar nature, or to an employer that
	505	+	is not a participating employer. Provided, further, that any
482	506		participating employer who is employing such a retiree shall make
483	507		proper written notification to the System in forming it of the
484	508		beginning date of such r etiree's employment and the date such
485	509		retiree reaches the maximum compensation allowed by this section in
486	510		the calendar year. Any retiree returning to work for a
487	511		participating employer shall make contributions to t he System and
488	512		the employer shall do likewi se. All retirees who have returned to
489	513		employment and participation in the System following retirement
490	514		shall have post-retirement benefits calculated on one of the
491	515		following methods:
492	516		1. All service accumulated fro m date of reemployment shall be
493	517		computed based on the benefit formula applicable at that t ime and
494	518		the additional benefits shall be added to the previous benefits.
495	519		Such additional benefits shall be calculate d each year based upon
496	520		additional service accrued from July 1 to June 30 of the previous
497	521		year and the additional benefit, if any, will be a dded to the
498	522		retiree's monthly benefit beginning January 1, 2000, and each
499	523		January 1 thereafter. However, the post -retirement service credit
500	524		shall be cumulative, begi nning with service credit accrued after th e
501	525		date of retirement, provided that the retiree has not received a
502		-	distribution of the post-retirement contributions.
503		-	2. Any retiree who returns to em ployment with a participating
504		-	employer may elect not to receive any retirement benefits while so
505		-	reemployed. If such an election is made and reemploymen t is for a RBH No. 10813
	526	+	distribution of the post-retirement contributions. RBH No. 10813
506	527
507		-	ENGR. H. B. NO. 4123 Page 11 1
	528	+	HB4123 HFLR Page 11
	529	+	BOLD FACE denotes Committee Amendments. 1
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514	536		8
515	537		9
516	538		10
517	539		11
518	540		12
519	541		13
520	542		14
521	543		15
522	544		16
523	545		17
524	546		18
525	547		19
526	548		20
527	549		21
528	550		22
529	551		23
530	552		24
531	553
	554	+	2. Any retiree who returns to employment with a participating
	555	+	employer may elect not to receive any retirement benefits while so
	556	+	reemployed. If such an election is made and reemploymen t is for a
532	557		minimum period of thirty-six (36) consecutive months, all service
533	558		accumulated from date of reemployment sh all be participating
534	559		service. For purposes of de termining the retirement benefits of
535	560		such a member upon the termination of such reemployme nt all
536	561		creditable service of the member shall be computed based on the
537	562		benefit formula applicable at the time of term ination of such
538	563		reemployment. Provided, a retire e who became reemployed prior to
539	564		July 1, 1982, and who is reemployed for a minimum of thir ty-six (36)
540	565		consecutive months shall have all the creditable service of such
541	566		retiree computed based on the benefit fo rmula applicable at the time
542	567		of termination of su ch reemployment if the retiree elects not to
543	568		receive retirement benefits prior to such ter mination of
544	569		reemployment. A retiree who has waived receipt of the monthly
545	570		benefit, but is not reemployed for the ful l thirty-six (36)
546	571		consecutive months, shall upon termination of such reemployment have
547	572		only the additional amount added to his or her benef it as if they
548	573		had not waived the benefit as provided in paragraph 1 of this
549	574		subsection.
550	575		3. All post-retirement additional benefits shall be calculated
551	576		using actual hours worked as well as the actual compensa tion
552		-	received and upon which contributions are p aid. Post-retirement
553		-	service is not subject to the partial year round -up provisions of
554		-	subsection C of Section 913 of this title. RBH No. 10813
	577	+	received and upon which contributions are p aid. Post-retirement RBH No. 10813
555	578
556		-	ENGR. H. B. NO. 4123 Page 12 1
	579	+	HB4123 HFLR Page 12
	580	+	BOLD FACE denotes Committee Amendments. 1
557	581		2
558	582		3
559	583		4
560	584		5
561	585		6
562	586		7
563	587		8
564	588		9
565	589		10
566	590		11
567	591		12
568	592		13
569	593		14
570	594		15
571	595		16
572	596		17
573	597		18
574	598		19
575	599		20
576	600		21
577	601		22
578	602		23
579	603		24
580	604
	605	+	service is not subject to the partial year round -up provisions of
	606	+	subsection C of Section 913 o f this title.
581	607		4. A retired member who returns to work for a participating
582	608		employer pursuant to this section shall be bound by the election
583	609		made pursuant to paragraph (2) of subsection A of Section 915 of
584	610		this title if the member had made such election pri or to retirement.
585	611		If the member had not made suc h election prior to retirement, the
586	612		member may do so during the member's reemployment with a
587	613		participating employer pursuant to this section. A retired member
588	614		may not be rehired by their former employer, no r may the retired
589	615		member be permitted to enter in to an employment contract of any kind
590	616		with a former employer, for a period of one (1) year six (6) months
591	617		after the retired member ended his or her employment with the former
592	618		employer unless the retired memb er waives his or her benefit under
593	619		paragraph 2 of this subsection and returns as a bona fid e employee.
594	620		F. Except as otherwise provided by subsection G of this
595	621		section, any member may elect to retire before his or her normal
596	622		retirement date on the first da y of any month coinciding with or
597	623		following the attainment of age fifty -five (55), provided such
598	624		member has completed ten (10) years of participating service, but in
599	625		no event before six (6) months after the entry date. Any member who
600	626		shall retire before t he normal retirement date shall receive an
601	627		annual retirement benefit adjusted in accordance with the following
602		-	percentage schedule:
603		-	Percentage of Normal
604		-	Age Retirement Benefit RBH No. 10813
	628	+	percentage schedule: RBH No. 10813
605	629
606		-	ENGR. H. B. NO. 4123 Page 13 1
	630	+	HB4123 HFLR Page 13
	631	+	BOLD FACE denotes Committee Amendments. 1
607	632		2
608	633		3
609	634		4
610	635		5
611	636		6
612	637		7
613	638		8
614	639		9
615	640		10
616	641		11
617	642		12
618	643		13
619	644		14
620	645		15
621	646		16
622	647		17
623	648		18
624	649		19
625	650		20
626	651		21
627	652		22
628	653		23
629	654		24
630	655
	656	+	Percentage of Normal
	657	+	Age Retirement Benefit
631	658		62 100.00%
632	659		61 93.33%
633	660		60 86.67%
634	661		59 80.00%
635	662		58 73.33%
636	663		57 66.67%
637	664		56 63.33%
638	665		55 60.00%
639	666		G. Any member whose first participating serv ice occurs on or
640	667		after November 1, 2011, m ay elect to retire before his or her normal
641	668		retirement date on the firs t day of any month coinciding with or
642	669		following the attainment of age sixty (60), provided suc h member has
643	670		completed ten (10) years of particip ating service, but in no event
644	671		before six (6) months after the entry dat e. Any member who shall
645	672		retire before the normal retirement date shall receive an annual
646	673		retirement benefit adjusted in accordance wit h the following
647	674		percentage schedule:
648	675		Percentage of Normal
649	676		Age Retirement Benefit
650	677		65 100.00%
651	678		64 93.33%
652		-	63 86.67%
653		-	62 80.00%
654		-	61 73.33% RBH No. 10813
	679	+	63 86.67% RBH No. 10813
655	680
656		-	ENGR. H. B. NO. 4123 Page 14 1
	681	+	HB4123 HFLR Page 14
	682	+	BOLD FACE denotes Committee Amendments. 1
657	683		2
658	684		3
659	685		4
660	686		5
661	687		6
662	688		7
663	689		8
664	690		9
665	691		10
666	692		11
667	693		12
668	694		13
669	695		14
670	696		15
671	697		16
672	698		17
673	699		18
674	700		19
675	701		20
676	702		21
677	703		22
678	704		23
679	705		24
680	706
	707	+	62 80.00%
	708	+	61 73.33%
681	709		60 66.67%
682	710		SECTION 3. If the Emergency Clause is not approved pursuan t to
683	711		the requirements of the Oklahoma Constitution as part of this
684	712		measure, the effective date of Section 1 o f this act shall be
685	713		October 1, 2022.
686	714		SECTION 4. If the Emergency Clause is not approved pursuant to
687	715		the requirements of the Okla homa Constitution as part of this
688	716		measure, the effective date of Section 2 of this act shall be
689	717		November 1, 2022.
690	718		SECTION 5. Except as otherwise provided by Se ction 3 of this
691	719		act, Section 1 of this act shall become effective immediately up on
692	720		signature by the Governor or as otherwise provided by Section 58 of
693	721		Article V of the Oklahoma Constitution.
694	722		SECTION 6. Except as otherwise provided by Secti on 4 of this
695	723		act, Section 2 of this act shall become effective July 1, 202 2.
696	724		SECTION 7. It being immediately necessary for the preservation
697	725		of the public peace, health or safety, an emergency is hereby
698	726		declared to exist, by reason whereof this act shall take effe ct and
699		-	be in full force from and after its passage a nd approval. ~~RBH No. 10813~~
	727	+	be in full force from and after its passage a nd approval.
700	728
701		-	ENGR. H. B. NO. 4123 Page 15 1
702		-	2
703		-	3
704		-	4
705		-	5
706		-	6
707		-	7
708		-	8
709		-	9
710		-	10
711		-	11
712		-	12
713		-	13
714		-	14
715		-	15
716		-	16
717		-	17
718		-	18
719		-	19
720		-	20
721		-	21
722		-	22
723		-	23
724		-	24
725		-
726		-	Passed the House of Representatives the 14th day of March, 2022.
727		-
728		-
729		-
730		-
731		-	Presiding Officer of the House
732		-	of Representatives
733		-
734		-
735		-	Passed the Senate the ___ day of __________, 2022.
736		-
737		-
738		-
739		-
740		-	Presiding Officer of the Senate
	729	+	COMMITTEE REPORT BY: COMMITTEE ON COUNTY AND MUNICIPAL GOVERNMENT,
	730	+	dated 03/02/2022 - DO PASS, As Amended and Coauthore d.