SB 16232026
bill
2026 Regular Session · Senate bill
SB 1623
Credit unions; requiring certain records to be filed with Bank Commissioner; allowing investments; providing requirements for credit unions; establishing compensations. Effective date.
Business, jobs & the economyState government & agenciesBanking & finance industryInsurance industry how tagged
Official title shown; Open States carries no separate summary for Oklahoma bills. See the AI analysis below.
Enacted Last action May 7, 2026: Becomes law without Governor's signature 05/07/2026
Same number in other sessions: 2024 (bills from 2025 carry over into 2026 within the 60th Legislature).
AI analysis AI-generated
AI-generated · may be inaccurate or incomplete. Written by a language model (Workers AI, llama-3.3-70b-instruct-fp8-fast) from the bill's official title, actions, votes, sponsors, committee referrals and hearings in our database — not from the bill text. Check the official text on oklegislature.gov before relying on it. Not legal advice.
Authors & coauthors 2
- Principal House author
- Mark Lepak R
- Principal Senate author
- Julie Daniels R
Principal authors from Open States; coauthors read from “Coauthored by …” actions (removals applied).
Status
- Introduced
- In committee (origin chamber)
- Passed committee (origin chamber)
- Passed origin chamber
- In committee (second chamber)
- Passed committee (second chamber)
- Passed both chambers
- Sent to Governor
- Enacted / adopted
Committee referrals 3
| Referred | Chamber | Committee | Outcome |
|---|---|---|---|
| Feb. 3, 2026 | Senate | Business and Insurance | Passed (committee substitute) March 5, 2026 |
| March 31, 2026 | House | Government Oversight | Passed April 15, 2026 |
| March 31, 2026 | House | Banking, Financial Services and Pensions | Passed April 8, 2026 |
Roll-call votes 5
March 5, 2026SenateDo Pass Amended CsPassed11–0
yes (11) Alvord, Brooks, Coleman, Daniels, Grellner, Guthrie, Mann, Pugh, Reinhardt, Standridge, Weaver
Official vote record: oklegislature.gov
March 26, 2026SenateThird ReadingPassed44–0 4 excused
yes (44) Alvord, Bergstrom, Boren, Brooks, Bullard, Burns, Coleman, Deevers, Dossett, Frix, Gillespie, Gollihare, Goodwin, Green, Grellner, Guthrie, Hall, Hamilton, Haste, Hicks, Hines, Howard, Jech, Jett, Kern, Kirt, Logan, Mann, McIntosh, Murdock, Nice, Paxton, Pederson, Prieto, Rader, Reinhardt, Rosino, Sacchieri, Seifried, Standridge, Stanley, Thompson, Weaver, Woods
excused (4) Daniels, Pugh, Stewart, Wingard
Official vote record: oklegislature.gov
April 7, 2026HouseBanking, Financial Services And Pensions Committee: Do PassPassed8–0
yes (8) Deck, Eaves, Ford, Hays, Kerbs, Lepak, May, Schreiber
Official vote record: oklegislature.gov
April 15, 2026HouseGovernment Oversight Committee: Do PassPassed16–0
yes (16) Crosswhite Hader, Dempsey, Fugate, Hays, Lepak, Luttrell, May, Munson, Olsen, Pogemiller, Roberts, Shaw, Strom, Travis, West, Woolley
Official vote record: oklegislature.gov
April 29, 2026HouseThird ReadingPassed77–0 21 excused
yes (77) Adams, Alonso Sandoval, Archer, Banning, Bashore, Blair, Caldwell, Cantrell, Chapman, Clinton, Cornwell, Crosswhite Hader, Culver, Deck, Dollens, Duel, Eaves, Fetgatter, Ford, Gann, George, Gise, Hader, Hall, Hardin, Harris, Hays, Hefner, Hildebrant, Jenkins, Johns, Kane, Kendrix, Lawson, Lay, Lepak, Lowe, Luttrell, Manger, Marti, May, Maynard, McCane, Miller, Moore, Mr. Speaker, Munson, Newton, Norwood, Olsen, Osburn, Patzkowsky, Pogemiller, Provenzano, Ranson, Rosecrants, Schreiber, Shaw, Smith, Sneed, Staires, Stark, Steagall, Sterling, Stewart, Strom, Tedford, Timmons, Townley, Travis, West, West, West, Wilk, Williams, Wolfley, Woolley
excused (21) Blancett, Boles, Caldwell, Dempsey, Dobrinski, Grego, Hasenbeck, Hill, Humphrey, Kannady, Kerbs, Menz, Pae, Pfeiffer, Roberts, Roe, Stinson, Turner, Waldron, West, Worthen
other (1) Kelley
Official vote record: oklegislature.gov
Official text & documents
- Committee Amendment · PDF on oklegislature.gov
- Committee Substitute · PDF on oklegislature.gov
- Engrossed · PDF on oklegislature.gov
- Enrolled (final version) · PDF on oklegislature.gov
- Floor (House) · PDF on oklegislature.gov
- Floor (Senate) · PDF on oklegislature.gov
- Introduced · PDF on oklegislature.gov
- SB1623 (3-24-26) (DANIELS) FA1.PDF · PDF on oklegislature.gov
- SB1623 (3-24-26) (DANIELS) RT FA2.PDF · PDF on oklegislature.gov
3 committee reports and other documents
Official bill page: https://www.oklegislature.gov/BillInfo.aspx?Bill=SB1623&session=2600
Timeline 25 actions
- Feb. 2, 2026SenateFirst Reading
- Feb. 2, 2026SenateAuthored by Senator Daniels
- Feb. 3, 2026SenateSecond Reading referred to Business and Insurance
- March 5, 2026SenateReported Do Pass, amended by committee substitute Business and Insurance committee; CR filed
- March 5, 2026SenateTitle stricken
- March 10, 2026SenatePlaced on General Order
- March 12, 2026SenateCoauthored by Representative Lepak (principal House author)
- March 26, 2026SenateGeneral Order, Amended
- March 26, 2026SenateTitle restored
- March 26, 2026SenateMeasure passed: Ayes: 44 Nays: 0
- March 26, 2026SenateReferred for engrossment
- March 30, 2026SenateEngrossed to House
- March 30, 2026HouseFirst Reading
- March 31, 2026HouseSecond Reading referred to Government Oversight
- March 31, 2026HouseReferred to Banking, Financial Services and Pensions
- April 8, 2026HousePolicy recommendation to the Government Oversight committee; Do Pass Banking, Financial Services and Pensions
- April 15, 2026HouseCR; Do Pass Government Oversight Committee
- April 29, 2026HouseGeneral Order
- April 29, 2026HouseThird Reading, Measure passed: Ayes: 77 Nays: 0
- April 29, 2026HouseSigned, returned to Senate
- April 29, 2026SenateReferred for enrollment
- April 30, 2026SenateEnrolled, to House
- April 30, 2026HouseSigned, returned to Senate
- April 30, 2026SenateSent to Governor
- May 7, 2026SenateBecomes law without Governor's signature 05/07/2026
On committee agendas 3
- Thursday, March 5, 2026, 9:30 a.m. — Senate Business and Insurance · Room 535
- Tuesday, April 7, 2026, 3:00 p.m. — House Banking, Financial Services and Pensions · Room 450
- Wednesday, April 15, 2026, 11:00 a.m. — House Government Oversight · Room 206
Momentum: 100 of 100
| Stage (Enacted / adopted) | 50 / 50 |
|---|---|
| Recency (22 days before May 29, 2026) | 18 / 20 |
| Committee progress | 10 / 10 |
| Coauthors | 3 / 10 |
| Bipartisan sponsorship | 0 / 10 |
| Rule applied | enacted/adopted = 100 |
How this is calculated
- Stage reached — up to 50. 50 × (stage − 1) ÷ 8, where the stages are 1 Introduced · 2 In committee · 3 Passed committee · 4 Passed its first chamber · 5 In committee in the second chamber · 6 Passed that committee · 7 Passed both chambers · 8 Sent to the Governor · 9 Enacted / adopted.
- Recency — up to 20. 20 if the last recorded action was within 14 days of the reference date, falling in a straight line to 0 at 90 days. The reference date is the earlier of the data date (Oct. 1, 2026) and the session's last scheduled day, so a finished session is scored as it stood when it ended.
- Committee progress — up to 10. 5 for each chamber in which a committee reported the bill favourably.
- Coauthors — up to 10. 1 per coauthor (max 7), plus 3 if its authors and coauthors include members of both chambers.
- Bipartisan sponsorship — 10. 10 if the authors and coauthors include at least one Republican and one Democrat.
Rules on top: an enacted bill (signed, law without signature, or veto overridden) or an adopted resolution scores 100. A vetoed bill without an override, or one whose last committee vote failed, has its score halved.
Disclaimer. The momentum score is an automated, rough indicator built only from the public record (stage, dates, authors and committee reports). It is not a prediction, does not measure merit or support, and can be wrong when an action is mis-recorded or an author is mis-matched. Coauthors are read from the action text (“Coauthored by …”). Always check the official record on oklegislature.gov.