2026 Regular Session
HB3972
Public finance; Ad Valorem Reimbursement Fund; school district revenue loss; state purchases; emergency.
Legislative progress
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This summary includes only completed milestones supported by recorded actions. It does not predict the next step, and it preserves later committee reassignments, concurrence, conference, veto, and approval actions when they occur.
Partner positions
Dislikes
Creates a revolving fund "Ad Valorem Reimbursement Fund" which shall be a continuing fund, not subject to fiscal year limitations to 1) reimburse counties for loss of revenue due to exemptions of ad valorem taxes for new or expanded manufacturing or research and development facilities. 2) reimburse counties for loss of revenue for school district purposes due to a purchase by the state of property located in the county for an amount greater than $300,000,000.00. The OKGOP platform states we support sunset laws, zero-based budgeting and performance audits to justify government programs.
Recorded floor votes
5 roll calls are available for this bill. This record includes procedural and intermediate action as well as substantive final votes.
February 24, 2026 · House
House: Appropriations and Budget Committee: DO PASS AS AMENDED, STRIKE THE TITLE
Passed
26 yea–0 nay
March 25, 2026 · House
House: THIRD READING
Passed ⭐ Substantive final action
82 yea–11 nay · 6 absent
April 6, 2026 · Senate
Senate: Revenue & Taxation Committee: DO PASS AMENDED
Passed
8 yea–2 nay
April 27, 2026 · Senate
Senate: THIRD READING
Passed ⭐ Substantive final action
42 yea–5 nay · 1 absent
May 6, 2026 · House
House: FOURTH READING
Passed
83 yea–8 nay · 8 absent
Committee referrals
April 6, 2026 · Senate
Appropriations
April 1, 2026 · Senate
Revenue and Taxation
February 3, 2026 · House
Appropriations and Budget
Instrument history
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This is the complete recorded action history in the current source package. Highlighted entries are marked as significant by the source. A roll-call link appears only when a vote-like action has one unambiguous same-day chamber vote.
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House Vetoed 05/12/2026
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House Sent to Governor
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Senate Enrolled measure signed, returned to House
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House Enrolled, signed, to Senate
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House Referred for enrollment
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House Fourth Reading, Measure and Emergency Passed: Ayes: 83 Nays: 8 View roll call
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House SA's read, adopted View roll call
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House SA's received
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Senate Engrossed to House
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Senate Referred for engrossment
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Senate Measure and Emergency passed: Ayes: 42 Nays: 5 View roll call
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Senate Enacting clause restored
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Senate Title restored
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Senate General Order, Amended
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Senate Placed on General Order
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Senate Withdrawn from Appropriations committee
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Senate Referred to Appropriations
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Senate Enacting clause stricken
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Senate Reported Do Pass as amended Revenue and Taxation committee; CR filed View roll call
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Senate Second Reading referred to Revenue and Taxation Committee then to Appropriations Committee
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Senate First Reading
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House Engrossed, signed, to Senate
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House Referred for engrossment
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House Third Reading, Measure and Emergency passed: Ayes: 82 Nays: 11 View roll call
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House General Order
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House Authored by Senator Kern (principal Senate author)
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House Title stricken
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House CR; Do Pass, as amended, Appropriations and Budget Committee
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House Second Reading referred to Appropriations and Budget
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House Authored by Representative Caldwell (Trey)
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House First Reading