Oklahoma 2024 Regular Session

Oklahoma House Bill HB3264

Introduced
2/5/24  

Caption

Public finance; state governmental entities; budget information; committees; effective date; emergency.

Impact

If enacted, HB 3264 would significantly affect how the state manages its budgetary process, as it would set a clear timeline for when budget requests must be submitted to the relevant legislative committees. This could enhance budget transparency and accountability among state agencies, ensuring that lawmakers have the necessary information to make informed decisions regarding state appropriations and fiscal responsibilities. The bill's provisions may lead to a more coordinated approach to state budgeting, potentially avoiding delays that can arise when agencies are not aligned with legislative schedules.

Summary

House Bill 3264, introduced by Representative Humphrey, aims to reinforce the process of budget submissions by state governmental entities in Oklahoma. The bill mandates that each agency, board, commission, department, or other state entity that receives funds from the General Revenue Fund must submit a complete budget request, including any funding increases, by the first day of the regular session of each year of the legislative biennium. This requirement seeks to establish a more systematic approach to budget documentation and oversight in the state budget process.

Contention

During discussions surrounding HB 3264, there may be concerns about the feasibility of the new submission deadlines, particularly for smaller governmental entities that might struggle with the increased administrative burden. Furthermore, while the intent of the bill is to streamline operations, some opposition may arise over the perception that it centralizes control over state finances, limiting the autonomy of individual agencies in managing their budgets. Overall, HB 3264 appears positioned to enhance fiscal accountability, yet it could face challenges regarding implementation efficacy and agency capacity.

Companion Bills

No companion bills found.

Previously Filed As

OK HB2547

Public finance; shares; governmental entities; fiduciaries; proxy voting; reports; effective date; emergency.

OK HB2567

Public finance; shares; governmental entities; fiduciaries; proxy voting; reports; effective date; emergency.

OK HB1378

Public finance; state government entities; local government entities; agreements; prohibition; effective date.

OK SB986

State finance; requiring certain budgets to include federal funds information. Effective date.

OK HB2329

Public finance; Chief Information Officer; modifying eligibility requirements; 3-year technology plan; State Governmental Technology Applications Review Board; effective date.

OK HB2696

State government; State Auditor and Inspector; audits; examinations; effective date; emergency.

OK HB1784

Public finance; creating the Information Services Agency; making Information Services Division a separate and distinct agency; modifying references to Division; effective date.

OK HB1568

Revenue and taxation; sales tax; exemption; nonprofit entities; revenues; effective date; emergency.

OK HB2538

Public finance; authorized investments; local governments; written investment policies; effective date.

OK HB2898

Public finance; Public Finance Act of 2023; effective date.

Similar Bills

No similar bills found.