--- type: "Bill" title: "Oklahoma Asset Reduction and Cost Savings Program; providing exemption for institutions of higher education. Effective date." description: "Oklahoma Asset Reduction and Cost Savings Program; providing exemption for institutions of higher education. Effective date." jurisdiction: "us/states/ok" legislature: "Oklahoma Legislature" session: "2023" identifier: "SB 316" citation: "Oklahoma SB 316 (2023)" classification: ["bill"] subjects: [] status: "enacted" primary_sponsors: ["Moore", "Pemberton"] version_count: 6 action_count: 20 vote_count: 0 first_action: "2023-02-06" last_action: "2023-05-02" source: "openstates" source_identifier: "ocd-bill/0bac5164-f0e4-4bcf-b328-ec0888172269" source_url: "http://www.oklegislature.gov/BillInfo.aspx?Bill=SB316&session=2300" source_hash: "89055a89bb49b07d3866aab4f87a02f5d95d712c7510665963ce47a67b5b3025" 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 SB 316 (2023) — Oklahoma Asset Reduction and Cost Savings Program; providing exemption for institutions of higher education. 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/SB/SB316 INT.PDF) 2. **Committee Amendment 1** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 COMMITTEE AMENDMENTS/Senate/SB316 CA1.PDF) 3. **Engrossed** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 ENGR/SB/SB316 ENGR.PDF) 4. **Enrolled (final version)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 ENR/SB/SB316 ENR.PDF) 5. **Floor (House)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 FLR/HFLR/SB316 HFLR.PDF) 6. **Floor (Senate)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 FLR/SFLR/SB316 SFLR.PDF) ## Sponsors - Moore — primary (person) - Pemberton — 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 Senator Pemberton - **2023-02-07** Second Reading referred to General Government `reading-2, referral-committee` - **2023-02-13** Coauthored by Representative Moore (principal House author) - **2023-02-16** Reported Do Pass as amended General Government committee; CR filed `committee-passage` - **2023-03-13** General Order, Considered - **2023-03-13** Measure passed: Ayes: 43 Nays: 1 `passage` - **2023-03-13** Referred for engrossment - **2023-03-14** Engrossed to House `passage` - **2023-03-14** First Reading `introduction, reading-1` - **2023-03-29** Second Reading referred to Higher Education and Career Tech `reading-2, referral-committee` - **2023-04-10** CR; Do Pass Higher Education and Career Tech Committee `committee-passage` - **2023-04-25** General Order - **2023-04-25** Third Reading, Measure passed: Ayes: 61 Nays: 18 `passage, reading-3` - **2023-04-25** Signed, returned to Senate - **2023-04-25** Referred for enrollment - **2023-04-26** Enrolled, to House - **2023-04-26** Signed, returned to Senate - **2023-04-26** Sent to Governor `executive-receipt` - **2023-05-02** Approved by Governor 05/02/2023 `executive-signature` ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/0bac5164-f0e4-4bcf-b328-ec0888172269`. Confidence: reported (aggregated from official Oklahoma legislature records).