Legislation: batch D — NY OH OK OR PA RI SC SD TX UT

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---
type: "Bill"
title: "Public finance; authorized investments; local governments; written investment policies; effective date."
description: "Public finance; authorized investments; local governments; written investment policies; effective date."
jurisdiction: "us/states/ok"
legislature: "Oklahoma Legislature"
session: "2024"
identifier: "HB 2538"
citation: "Oklahoma HB 2538 (2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Kidd", "Lawson"]
version_count: 7
action_count: 23
vote_count: 4
first_action: "2023-02-06"
last_action: "2023-04-26"
source: "openstates"
source_identifier: "ocd-bill/7de6ef1b-b8b0-4878-bd08-ce18b79696c4"
source_url: "http://www.oklegislature.gov/BillInfo.aspx?Bill=HB2538&session=2400"
source_hash: "8358251c0dbde4796b48fe84fb8e8404fb003c437bec39a89767808a96d418bd"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ok"]
---
# Oklahoma HB 2538 (2024) — Public finance; authorized investments; local governments; written investment policies; effective date.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 INT/hB/HB2538 INT.PDF)
2. **Engrossed** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 ENGR/hB/HB2538 ENGR.PDF)
3. **Enrolled (final version)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 ENR/hB/HB2538 ENR.PDF)
4. **Floor (House)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 FLR/HFLR/HB2538 HFLR.PDF)
5. **Floor (Senate)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 FLR/SFLR/HB2538 SFLR.PDF)
6. **HB2538 FULLPCS1 MARK LAWSON-MJ.PDF** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 COMMITTEE AMENDMENTS/House/HB2538 FULLPCS1 MARK LAWSON-MJ.PDF)
7. **House Committee Substitute** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 COMMITTEE SUBS/HCS/HB2538 CS.PDF)
## Votes
- Third Reading — **44–3** (pass) · upper
- Third Reading — **82–2** (pass) · lower
- Rules Committee: Do Pass As Amended By Cs — **8–0** (pass) · lower
- Finance — **12–1** (pass) · upper
## Sponsors
- Kidd — primary (person)
- Lawson — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2023-02-06** First Reading `introduction, reading-1`
- **2023-02-06** Authored by Representative Lepak
- **2023-02-07** Second Reading referred to Rules `reading-2, referral-committee`
- **2023-02-09** Remove Representative Lepak as principal House author and substitute with Representative Lawson
- **2023-03-02** CR; Do Pass, amended by committee substitute Rules Committee `committee-passage`
- **2023-03-02** Coauthored by Representative(s) Lepak
- **2023-03-14** General Order
- **2023-03-14** Coauthored by Representative(s) Cantrell
- **2023-03-14** Authored by Senator Kidd (principal Senate author)
- **2023-03-14** Third Reading, Measure passed: Ayes: 82 Nays: 2 `passage, reading-3`
- **2023-03-14** Referred for engrossment
- **2023-03-20** Engrossed, signed, to Senate `passage`
- **2023-03-20** First Reading `introduction, reading-1`
- **2023-03-30** Second Reading referred to Finance `reading-2, referral-committee`
- **2023-04-10** Reported Do Pass Finance committee; CR filed `committee-passage`
- **2023-04-19** General Order, Considered
- **2023-04-19** Measure passed: Ayes: 44 Nays: 3 `passage`
- **2023-04-19** Engrossed measure signed, returned to House `passage`
- **2023-04-19** Referred for enrollment
- **2023-04-20** Enrolled, signed, to Senate
- **2023-04-20** Enrolled measure signed, returned to House
- **2023-04-20** Sent to Governor `executive-receipt`
- **2023-04-26** Approved by Governor 04/26/2023 `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/7de6ef1b-b8b0-4878-bd08-ce18b79696c4`. Confidence: reported (aggregated from official Oklahoma legislature records).