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HB2783 • 2026

Tobacco Settlement Endowment Trust; Board of Directors; providing appointees serve at the pleasure of their appointing authority.

Tobacco Settlement Endowment Trust; Board of Directors; providing appointees serve at the pleasure of their appointing authority.

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Caldwell (Trey)
Last action
2025-05-29
Official status
Becomes law without Governor's signature 05/29/2025
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Tobacco Settlement Endowment Trust; Board of Directors; providing appointees serve at the pleasure of their appointing authority.

Tobacco Settlement Endowment Trust; Board of Directors; providing appointees serve at the pleasure of their appointing authority.

What This Bill Does

  • Tobacco Settlement Endowment Trust; Board of Directors; providing appointees serve at the pleasure of their appointing authority.
  • Bill Summaries/Fiscal Impact for HB 2783 (House): Proposed Committee Substitute (full committee) 1 (5/18/2025) Bill Summaries/Fiscal Impact for HB 2783 (House): Committee Substitute (5/20/2025)

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

Plain English: HB2783 FULLPCS1 Trey Caldwell-JM 5/17/2025 1:07:59 pm AMEND TITLE TO CONFORM TO AMENDMENTS Amendment submitted by: Trey Caldwell Adopted: _____________________________ ______________________________________ Reading Clerk COMMITTEE AMENDMENT HOUSE OF REPRESENTATIVES State of Oklahoma SPEAKER: CHAIR: I move to amend HB2783 Of the printed Bill Page Section Lines Of the Engrossed Bill By deleting the content of the entire measure, and by inserting in lieu thereof the following language: Req.

  • HB2783 FULLPCS1 Trey Caldwell-JM 5/17/2025 1:07:59 pm AMEND TITLE TO CONFORM TO AMENDMENTS Amendment submitted by: Trey Caldwell Adopted: _____________________________ ______________________________________ Reading Clerk COMMITTEE AMENDMENT HOUSE OF REPRESENTATIVES State of Oklahoma SPEAKER: CHAIR: I move to amend HB2783 Of the printed Bill Page Section Lines Of the Engrossed Bill By deleting the content of the entire measure, and by inserting in lieu thereof the following language: Req.
  • No.
  • 13706 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 1st Session of the 60th Legislature (2025) PROPOSED COMMITTEE SUBSTITUTE FOR HOUSE BILL NO.
  • 2783 By: Caldwell (Trey) and Kane of the House and Hall and Haste of the Senate PROPOSED COMMITTEE SUBSTITUTE An Act relating to Tobacco Settlement Endowment Trust; amending 62 O.S.

Bill History

  1. 2025-05-29 House

    Becomes law without Governor's signature 05/29/2025

  2. 2025-05-22 Senate

    JCR adopted

  3. 2025-05-22 Senate

    Measure passed: Ayes: 36 Nays: 8

  4. 2025-05-22 Senate

    Engrossed measure signed, returned to House

  5. 2025-05-22 House

    Referred for enrollment

  6. 2025-05-22 House

    Enrolled, signed, to Senate

  7. 2025-05-22 Senate

    Enrolled measure signed, returned to House

  8. 2025-05-22 House

    Sent to Governor

  9. 2025-05-21 Senate

    Direct to Calendar

  10. 2025-05-20 House

    General Order

  11. 2025-05-20 House

    JCR adopted

  12. 2025-05-20 House

    Third Reading, Measure passed and Emergency failed: Ayes: 60 Nays: 30; Ayes: 60 Nays: 30

  13. 2025-05-20 House

    Referred for engrossment

  14. 2025-05-20 House

    Engrossed, signed, to Senate

  15. 2025-05-20 Senate

    First Reading

  16. 2025-05-19 House

    JCR; Do pass, amended by committee substitute Joint Committee on Appropriations and Budget

  17. 2025-05-19 House

    Emergency added

  18. 2025-02-04 House

    Second Reading referred to Joint Committee on Appropriations and Budget

  19. 2025-02-03 House

    First Reading

  20. 2025-02-03 House

    Authored by Representative Caldwell (Trey), Kane

  21. 2025-02-03 House

    Authored by Senator Hall (principal Senate author)

  22. 2025-02-03 House

    Coauthored by Senator(s) Haste

Official Summary Text

Tobacco Settlement Endowment Trust; Board of Directors; providing appointees serve at the pleasure of their appointing authority.
Bill Summaries/Fiscal Impact for HB 2783 (House): Proposed Committee Substitute (full committee) 1 (5/18/2025)
Bill Summaries/Fiscal Impact for HB 2783 (House): Committee Substitute (5/20/2025)

Current Bill Text

Read the full stored bill text
An Act
ENROLLED HOUSE
BILL NO. 2783 By: Caldwell (Trey) and Kane of
the House

and

Hall and Haste of the
Senate

An Act relating to Tobacco Settlement Endowment
Trust; amending 62 O.S. 2021, Section 2308, which
relates to the Board of Directors of the Tobacco
Settlement Endowment Trust Fund; and providing that
appointees serve at the pleasure of their appointing
authority.

SUBJECT: Tobacco Settlement Endowment Trust

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:

SECTION 1. AMENDATORY 62 O.S. 2021, Section 2308, is
amended to read as follows:

Section 2308. A. Section 40 of Article X of the Oklahoma
Constitution created the Board of Directors of the Tobacco
Settlement Endowment Trust Fund.

B. The members of the Board of Directors shall receive no
salary for serving on the Board. All members shall receive
necessary travel expenses for the performance of their official
duties in accordance with the provisions of the State Travel
Reimbursement Act, provided that members of the Board of Directors
shall be paid necessary travel expenses pursuant to the State Travel
Reimbursement Act by their appointing authority until the Board of
Directors adopts its initial budget and monies are made available
for expenditures pursuant to the budget.

C. The terms of the Board of Directors shall be staggered as
provided by subsection B of Section 2 of Enrolled Senate Bill No.
372 of the 1st Session of the 48th Oklahoma Legislature, as amended
by Section 4 of Enrolled House Bill No. 1003 of the 1st Session of
ENR. H. B. NO. 2783 Page 2
the 48th Oklahoma Legislature serve at the pleasure of their
appointing authority, not to exceed a seven-year term of office.

D. The Board of Directors shall annually elect a chair and any
other officers, provided that no member shall be elected chair for
more than two (2) consecutive years.

E. The initial meeting of the Board of Directors shall be
called by the Attorney General and the State Treasurer.

ENR. H. B. NO. 2783 Page 3
Passed the House of Representatives the 20th day of May, 2025.

Presiding Officer of the House
of Representatives

Passed the Senate the 22nd day of May, 2025.

Presiding Officer of the Senate

OFFICE OF THE GOVERNOR
Received by the Office of the Governor this ____________________
day of ___________________, 20_______, at _______ o'clock _______ M.
By: _________________________________
Approved by the Governor of the State of Oklahoma this _________
day of ___________________, 20_______, at _______ o'clock _______ M.

_________________________________
Governor of the State of Oklahoma

OFFICE OF THE SECRETARY OF STATE
Received by the Office of the Secretary of State this __________
day of ___________________, 20_______, at _______ o'clock _______ M.
By: _________________________________