OklahomaSB 2060Oklahoma 2026 Regular SessionSenateWALLET

Improvement districts; master development districts; requirements and procedures; bonds. Effective date.

Sponsored By: John Haste (Republican)

Signed by Governor

Senate Committee

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Bill Overview

Analyzed Economic Effects

7 provisions identified: 3 benefits, 1 costs, 3 mixed.

Homeowners in districts face new assessments

Beginning Nov 1, 2026, master development districts can levy special assessments on property. These assessments are liens with the same priority as taxes and are senior to mortgages. Districts can pledge and collect assessments to repay bonds. Bonds are paid from assessment money, earn interest of at least 2% of the deferred‑installment interest rate, and must mature within 30 years. Cities can also create improvement districts that use assessments and bonds for local projects.

Master agreement locks in development rights

Starting Nov 1, 2026, the city or county and the district must sign a master development agreement. It locks in permitted uses, densities, phasing, standards, and intensities for the life of the district. The city or county cannot later apply zoning, land‑use, fee, or code changes that would substantially impair revenue needed to pay district bonds.

Contracting work on district projects

Starting Nov 1, 2026, districts can hire public or private companies to build, operate, or maintain district facilities and services. This creates new contracting opportunities for local firms.

Districts can build water and roads

Beginning Nov 1, 2026, districts can build and run water, sewer, stormwater, irrigation, and related works inside or outside the area. They can fund offsite roads and utilities that serve the district, with costs shared under state rules. Districts can buy, sell, or lease land for parks, streets, and other projects. Districts cannot provide electric or natural gas service or build those facilities. Properties that get service can face fees or assessments.

How new districts get approved

Starting Nov 1, 2026, a master development district exists only with written consent from 100% of surface owners in the area. If the area crosses city and county lines, both must approve. Any protest must be filed within 10 business days after approval. The city or county must sign the master development agreement within 60 days unless both sides agree to extend.

District boards and owner control

Beginning Nov 1, 2026, each district must have an independent board. Board members and their immediate family cannot own district bonds. Control must transfer to surface property owners within 10 years. Districts can adopt bylaws and operate as political subdivisions that can sue and contract.

City not liable for district bonds

Beginning Nov 1, 2026, master development district bonds are not city or county debt. They do not count toward local debt limits. City and county bonding power stays intact.

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Sponsors & Cosponsors

Sponsor

  • John Haste

    Republican • Senate

Cosponsors

  • Ellyn Hefner

    Democratic • House

  • Mark Lawson

    Republican • House

  • Mark Mann

    Democratic • Senate

  • Trey Caldwell

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 76 • No: 92

Senate vote 4/15/2026

Top_of_Page

Yes: 0 • No: 14

House vote 4/14/2026

Top_of_Page

Yes: 54 • No: 40

House vote 4/7/2026

DO PASS

Yes: 22 • No: 5

Senate vote 3/26/2026

Top_of_Page

Yes: 0 • No: 10

Senate vote 3/26/2026

THIRD READING

Yes: 0 • No: 18

Senate vote 3/25/2026

Top_of_Page

Yes: 0 • No: 1

Senate vote 2/23/2026

Top_of_Page

Yes: 0 • No: 4

Actions Timeline

  1. Approved by Governor 04/17/2026

    4/20/2026Senate
  2. Sent to Governor

    4/16/2026Senate
  3. Signed, returned to Senate

    4/16/2026House
  4. Enrolled, to House

    4/16/2026Senate
  5. Referred for enrollment

    4/15/2026Senate
  6. Measure passed: Ayes: 29 Nays: 14

    4/15/2026Senate
  7. HAs adopted

    4/15/2026Senate
  8. HAs read

    4/14/2026Senate
  9. Engrossed, signed, to Senate

    4/14/2026House
  10. Referred for engrossment

    4/14/2026House
  11. Third Reading, Measure passed: Ayes: 54 Nays: 40

    4/14/2026House
  12. Coauthored by Representative(s) Hefner

    4/14/2026House
  13. General Order

    4/14/2026House
  14. Coauthored by Representative(s) Caldwell (Trey)

    4/8/2026House
  15. CR; Do Pass, amended by committee substitute Appropriations and Budget Committee

    4/8/2026House
  16. Remove Representative Caldwell (Trey) as principal House author and substitute with Representative Lawson

    4/6/2026House
  17. Second Reading referred to Appropriations and Budget

    3/30/2026House
  18. First Reading

    3/26/2026House
  19. Engrossed to House

    3/26/2026Senate
  20. Referred for engrossment

    3/25/2026Senate
  21. Measure passed: Ayes: 29 Nays: 18

    3/25/2026Senate
  22. Ayes: 34 Nays: 10

    3/25/2026Senate
  23. Advanced to Third Reading

    3/25/2026Senate
  24. Title restored

    3/25/2026Senate
  25. General Order, Amended by Floor Substitute

    3/25/2026Senate

Bill Text

  • Enrolled (final version)

    4/16/2026

  • Amended And Engrossed

    4/14/2026

  • Floor (House)

    4/8/2026

  • House Committee Report

    4/8/2026

  • House Committee Substitute for Senate Bill

    4/8/2026

  • Engrossed

    3/26/2026

  • Floor (Senate)

    3/2/2026

  • Senate Committee Report

    2/23/2026

  • Introduced

    1/15/2026

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