All Roll Calls
Yes: 169 • No: 5
OklahomaSB 1144Oklahoma 2026 Regular SessionSenateWALLET
Teachers' Retirement System of Oklahoma; ceasing certain apportionments upon certain conditions; authorizing benefit increase for certain retired members. Effective dates.
Sponsored By: Chuck Hall (Republican)
Became Law
Senate Committee
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Bill Overview
Analyzed Economic Effects
4 provisions identified: 2 benefits, 0 costs, 2 mixed.
Higher pensions for longtime Oklahoma teacher retirees
Beginning November 1, 2026, eligible Oklahoma Teachers’ Retirement System recipients get an increase in ongoing benefits. Recipients must receive benefits on June 30, 2026, and continue receiving them on or after November 1, 2026. The increase depends on years retired as of June 30, 2026. Those retired at least 8 but less than 20 years get 3%; those retired 20 years or more get 6%. Those retired less than 8 years get no increase.
Oklahoma redirects taxes after pension funding ends
Beginning November 1, 2026, the law sets an end to dedicated tax payments to Oklahoma’s teacher retirement fund. Payments end at the earlier of June 30, 2036, or June 30 of the fiscal year when a system-employed or contracted actuary finds the system at least 100% funded. After that cutoff, for fiscal year 2028 onward, General Revenue shares rise from 83.61% to 88.61% for sales and use taxes and from 85.66% to 90.66% for income taxes. After the cutoff, corporate income tax General Revenue shares are 82.25% for fiscal years 2023–2027 and 82.50% thereafter, subject to a moving five-year-average limit. These rules divide state tax receipts; they do not change household tax rates.
Oklahoma funds yearly state asset upkeep
Starting in fiscal year 2029, Oklahoma puts $50 million each year into the Capital Assets Maintenance and Protection Fund. The law does not name the assets or projects that receive the money. It provides state-level funding, not direct household payments.
Lottery funding shifts from pensions to schools
Oklahoma ends the teacher retirement fund’s annual share of 5% of the first $65 million in lottery trust contributions. The cutoff is the earlier of June 30, 2036, or June 30 of the fiscal year when a system-employed or contracted actuary finds the retirement system at least 100% funded. After that cutoff, the public school and early childhood share of the first $65 million rises from 45% to 50%. This changes state funding, not household tax bills or individual pension benefits.
Sponsors & Cosponsors
Sponsor
Chuck Hall
Republican • Senate
Cosponsors
Jared Deck
Democratic • House
Mickey Dollens
Democratic • House
John Haste
Republican • Senate
John Kane
Republican • House
Robert Manger
Republican • House
T.J. Marti
Republican • House
Annie Menz
Democratic • House
Roland Pederson
Republican • Senate
Trey Caldwell
Republican • House
Tim Turner
Republican • House
Waldron
Affiliation unavailable
Max Wolfley
Republican • House
Roll Call Votes
House vote • 4/16/2026
THIRD READING
Yes: 80 • No: 3 • Other: 6
Senate vote • 4/14/2026
THIRD READING
Yes: 43 • No: 1 • Other: 1
House vote • 4/13/2026
DO PASS
Yes: 23 • No: 0
Senate vote • 4/13/2026
Committee vote: Joint Committee on Appropriations and Budget
Yes: 23 • No: 1
Actions Timeline
Becomes law without Governor's signature 04/23/2026
4/23/2026SenateSent to Governor
4/16/2026SenateSigned, returned to Senate
4/16/2026HouseEnrolled, to House
4/16/2026SenateReferred for enrollment
4/16/2026SenateSigned, returned to Senate
4/16/2026HouseThird Reading, Measure passed: Ayes: 80 Nays: 3
4/16/2026HouseJCR adopted
4/16/2026HouseCoauthored by Representative(s) Turner, Marti, Dollens, Wolfley, Manger, Deck, Menz, Waldron
4/16/2026HouseGeneral Order
4/16/2026HouseSecond Reading, direct to Joint Calendar
4/15/2026HouseFirst Reading
4/14/2026HouseEngrossed to House
4/14/2026SenateReferred for engrossment
4/14/2026SenateMeasure passed: Ayes: 43 Nays: 1
4/14/2026SenateJCR adopted
4/14/2026SenateCoauthored by Senator Pederson
4/14/2026SenateEmergency removed
4/13/2026SenateReported Do Pass, amended by committee substitute Joint Committee on Appropriations and Budget committee; JCR filed
4/13/2026SenateSecond Reading referred to Joint Committee on Appropriations and Budget
4/2/2025SenateCoauthored by Representative Kane
3/31/2025SenateCoauthored by Representative Caldwell (Trey) (principal House author)
3/31/2025SenateCoauthored by Senator Haste
3/31/2025SenateAuthored by Senator Hall
3/31/2025SenateFirst Reading
3/31/2025Senate
Bill Text
Enrolled (final version)
4/16/2026
Floor (House)
4/15/2026
Engrossed
4/14/2026
Committee Substitute
4/13/2026
Senate Joint Committee Report
4/13/2026
Introduced
3/31/2025
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