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SB2145 • 2026

Public trusts; requiring voter consent for debt issuance. Effective date.

Public trusts; requiring voter consent for debt issuance. Effective date.

Elections
Active

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

Sponsor
Sacchieri
Last action
2026-02-03
Official status
Second Reading referred to Rules
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.

Public trusts; requiring voter consent for debt issuance. Effective date.

Public trusts; requiring voter consent for debt issuance.

What This Bill Does

  • Public trusts; requiring voter consent for debt issuance.
  • Effective date.
  • Bill Summaries/Fiscal Impact for SB 2145 (Senate): Introduced (1/28/2026)

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.

Bill History

  1. 2026-02-03 Senate

    Second Reading referred to Rules

  2. 2026-02-02 Senate

    First Reading

  3. 2026-02-02 Senate

    Authored by Senator Sacchieri

Official Summary Text

Public trusts; requiring voter consent for debt issuance. Effective date.
Bill Summaries/Fiscal Impact for SB 2145 (Senate): Introduced (1/28/2026)

Current Bill Text

Read the full stored bill text 
Req. No. 2474 Page 1
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STATE OF OKLAHOMA

2nd Session of the 60th Legislature (2026)

SENATE BILL 2145 By: Sacchieri

AS INTRODUCED

An Act relating to public trusts; requiring public
trusts to obtain voter consent before issuance of
debt; providing construing language; providing for
codification; and providing an effective date.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as Section 176.2 of Title 60, unless there
is created a duplication in numbering, reads as follows:
A. Any trust for the benefit of the state or a county or
municipality within this state, shall be required to receive the
consent of the majority of the registered voters of the state or
such county or municipality voting at an election before each
issuance of debt.
B. The requirements of subsection A of this section shall apply
to trusts authorized to issue debt pursuant to Articles X and XI of
the Oklahoma Constitution.
SECTION 2. This act shall become effective November 1, 2026.

60-2-2474 QD 1/15/2026 1:37:22 PM