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---
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: "2024"
identifier: "SB 316"
citation: "Oklahoma SB 316 (2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Moore", "Pemberton"]
version_count: 6
action_count: 20
vote_count: 5
first_action: "2023-02-06"
last_action: "2023-05-02"
source: "openstates"
source_identifier: "ocd-bill/4d72911f-a8d5-46d8-946e-07a0b387e20a"
source_url: "http://www.oklegislature.gov/BillInfo.aspx?Bill=SB316&session=2400"
source_hash: "c8efee2da1261641125f10d78bb026dcf63a509f79db4bd7d0cbdfc9002e7286"
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 (2024) — 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)
## Votes
- Committee On General Government: Amendment 1, Motion By Senator Garvin - Adopted — **00** (fail) · upper
- Third Reading — **6118** (pass) · lower
- Higher Education And Career Tech Committee: Do Pass — **90** (pass) · lower
- Third Reading — **431** (pass) · upper
- General Government: Amendment 1, Motion By Senator Garvin - Adopted — **100** (pass) · upper
## 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/4d72911f-a8d5-46d8-946e-07a0b387e20a`. Confidence: reported (aggregated from official Oklahoma legislature records).