OKL LEG Mental Health Property Reform

Updated on: May 14, 2026

Latest Event


  • May 2026 OKL LEG Governor Approval
  • On May 12, 2026, OKL LEG reported that bill was approved by the governor.

On May 6, OKL LEG passed a bill on mental health property funds.

  • OKL LEG passed HB 3649, revises management, use of real property by Department of Mental Health and Substance Abuse Services, and amends OKL LEG 43A-2-111.
  • Bill Provision
  • Requires proceeds from land sales be deposited into Department’s Real Property Trust.
  • The bill also expands allowable uses of those proceeds to include infrastructure improvements and capital projects that benefit individuals served by the Department.
  • It also prohibits using the proceeds to fund treatment or prevention services.
  • Authorizes sale of tracts of land listed in the statute and maintains provisions allowing unused property to be leased, with income supporting the Department’s operations.
  • Legislative History
  • On Feb. 2, 2026, bill introduced in House; on Mar. 11, 2026, bill passed House.
  • On Mar. 30, 2026, bill introduced in Senate; on May 6, 2026, bill passed Senate.
  • Effectiveness
  • Upon approval, act shall become effective Nov. 1, 2026.
  • May 2026 OKL LEG Governor Approval
  • On May 12, 2026, OKL LEG reported that bill was approved by the governor.
Regulators
OKL LEG
Entity Types
Corp; MG Orig
Reference
Bill, HB3649, 5/12/2026; Bill, HB3649, 5/6/2026; Citation: OKL LEG 43A;
Functions
Compliance; Financial; Legal
Countries
United States of America
Category
State
N/A
Products
Corporate; Mortgage
Rule Type
Final
Regions
Am
Rule Date
May 6, 2026
Effective Date
Nov 1, 2026
Rule ID
297070
Linked to
N/A
Reg. Last Update
May 12, 2026
Report Section
US Consumer