All Roll Calls
Yes: 342 • No: 44
OklahomaHB 3979Oklahoma 2026 Regular SessionHouse
Public finance; Oklahoma Economic Development Pooled Finance Act; Infrastructure Pool; Economic Development Pool; caps; effective date; emergency.
Sponsored By: Trey Caldwell (Republican)
Signed by Governor
Senate Committee
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
More pooled financing for local infrastructure
The law raises the Infrastructure Pool cap to $125 million in net proceeds. The Oklahoma Development Finance Authority can issue new pooled obligations after paying off older ones, but must stay under the cap. Financing must be pooled for two or more eligible local governments and the project must be in Oklahoma. At least 65% of net proceeds must benefit places with 300,000 people or fewer, based on the latest federal census. Up to 35% may benefit any eligible local government, no matter its size.
Sponsors & Cosponsors
Sponsor
Trey Caldwell
Republican • House
Cosponsors
Ryan Eaves
Republican • House
Chuck Hall
Republican • Senate
Brian Hill
Republican • House
Clay Staires
Republican • House
Roll Call Votes
House vote • 5/6/2026
FOURTH READING
Yes: 83 • No: 6
Senate vote • 4/29/2026
THIRD READING
Yes: 32 • No: 12
Senate vote • 4/22/2026
Committee vote: Appropriations
Yes: 21 • No: 0
Senate vote • 4/22/2026
Top_of_Page
Yes: 0 • No: 0
House vote • 3/24/2026
Top_of_Page
Yes: 73 • No: 13
House vote • 3/24/2026
THIRD READING
Yes: 73 • No: 13
House vote • 2/17/2026
DO PASS
Yes: 30 • No: 0
House vote • 2/17/2026
DO PASS
Yes: 30 • No: 0
Actions Timeline
Approved by Governor 05/12/2026
5/12/2026HouseSent to Governor
5/6/2026HouseEnrolled measure signed, returned to House
5/6/2026SenateEnrolled, signed, to Senate
5/6/2026HouseReferred for enrollment
5/6/2026HouseFourth Reading, Measure and Emergency Passed: Ayes: 83 Nays: 6
5/6/2026HouseCoauthored by Representative(s) Eaves
5/6/2026HouseSA's read, adopted
5/6/2026HouseSA's received
4/30/2026HouseEngrossed to House
4/30/2026SenateReferred for engrossment
4/29/2026SenateMeasure and Emergency passed: Ayes: 32 Nays: 12
4/29/2026SenateGeneral Order, Considered
4/29/2026SenatePlaced on General Order
4/27/2026SenateEmergency added
4/22/2026SenateReported Do Pass as amended Appropriations committee; CR filed
4/22/2026SenateSecond Reading referred to Appropriations
4/1/2026SenateFirst Reading
3/25/2026SenateEngrossed, signed, to Senate
3/25/2026HouseReferred for engrossment
3/24/2026HouseThird Reading, Measure passed: Ayes: 73 Nays: 13
3/24/2026HouseCoauthored by Representative(s) Hill, Staires
3/24/2026HouseGeneral Order
3/24/2026HouseAuthored by Senator Hall (principal Senate author)
2/18/2026HouseCR; Do Pass Appropriations and Budget Committee
2/18/2026House
Bill Text
Enrolled (final version)
5/6/2026
Amended And Engrossed
4/30/2026
Floor (Senate)
4/23/2026
Senate Committee Report
4/22/2026
Engrossed
3/25/2026
Floor (House)
2/20/2026
House Committee Report
2/18/2026
Introduced
1/15/2026
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