This bill amends Section 3020 of Title 68 of the Oklahoma Statutes, which governs temporary appropriations for local government entities, including counties, cities, and school districts. The key change introduced by this bill is the requirement that all temporary allocations for school districts must be set prior to June 30 of the current fiscal year. This aims to establish a clear deadline for school districts to receive their temporary funding, ensuring that they can plan and manage their budgets more effectively.

The bill also maintains existing provisions that allow excise boards to approve temporary appropriations based on verified applications from local governing boards, and it outlines the process for drawing warrants against these appropriations. The effective date for this legislation is set for November 1, 2026.