Oklahoma 2024 Regular Session

Oklahoma Senate Bill SB1642

Introduced
2/5/24  
Refer
2/6/24  

Caption

Inmate trust funds; modifying elements of exemption. Effective date.

Impact

One significant provision of SB1642 is the stipulation that a certain percentage of inmate wages will be allocated to various accounts, including mandatory savings for the inmates themselves, support for their dependents, and compensation for crime victims. This aims to reallocate funds to cover the costs of incarceration while also providing inmates the ability to save a portion of their earnings, which could facilitate their reintegration into society upon release. The amendment introduces a structured system for managing and apportioning these funds within the broader correctional fiscal framework.

Summary

Senate Bill 1642 aims to amend the regulations regarding inmate trust funds and the financial management of funds related to inmates within the Oklahoma correctional system. The bill outlines the powers and duties of the State Board of Corrections, specifically pertaining to how the income generated by inmates through employment and other sources will be handled. It also discusses the establishment of an interest-bearing account for these funds, which will be managed by the Office of the State Treasurer. The generated interest will primarily benefit the Crime Victims Compensation Revolving Fund.

Sentiment

The sentiment around SB1642 appears to be generally positive among supporters who emphasize the need for better financial management within the correctional system. Proponents argue that the bill provides a responsible approach to inmate finances, ensuring that funds are properly managed while also supporting victims of crimes. However, there may be some concerns regarding the implications of assessing costs against inmates, particularly those unable to secure employment or who are serving life sentences. These tensions create a nuanced conversation around the balance between accountability and rehabilitation.

Contention

Notable points of contention are likely to revolve around the impact of charging inmates for costs associated with their incarceration. Critics may argue that imposing financial burdens on inmates, especially those who have limited means to generate income, could further complicate their reintegration into society. Additionally, the complexities of managing mandatory savings accounts—particularly for inmates with life sentences—raise questions about fairness and practicality. As implementation begins, these viewpoints may influence how the bill is ultimately received by different stakeholders within the correctional and broader community.

Companion Bills

No companion bills found.

Previously Filed As

OK SB318

Sale tax; modifying certain procedure to claim exemption. Effective date.

OK SB405

Income tax; modifying reporting requirement on exemption for certain transfer of technology. Effective date.

OK SB310

Sales tax; modifying period and eligibility of exemption for certain museums. Effective date.

OK SB392

Sales tax exemption; modifying limit for surviving spouse of disabled veterans; clarifying certain determination. Effective date.

OK SB385

Quality Jobs Program; modifying certain wage requirements. Effective date.

OK SB961

Sales tax exemption; agriculture exemptions; modifying definitions; adding definition of game animals. Effective date.

OK HB1130

Revenue and taxation; sales tax exemptions; broadband equipment; modifying provisions of exemption; modifying reference; emergency.

OK HB1837

Motor vehicles; modifying name of responsible agency; modifying length of issuance for commercial learner permits; repealer; effective date; emergency.

OK SB623

Motor vehicles; modifying references to Service Oklahoma. Effective date. Emergency.

OK HB1785

Prisons and reformatories; Corrections Act of 1967; removing exemption; effective date.

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