Video & Transcript : 'New Mexico State Police' :

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OK

Oklahoma 2026 Regular Session

Banking, Financial Services and Pensions REVISED: HB1182 - Removed Feb 17th, 2026 at 03:00 pm

Banking, Financial Services and Pensions

Transcript Highlights:
  • The state is just not guaranteeing a rate.
  • House Bill 2193 is a COLA for state retirement systems.
  • House Bill 2193 is a COLA for state retirement systems.
  • For police, $665,000. OLERS is $156,000.
  • House Bill 1889 is a catch-up for police and fire employees. For police and fire employees.
OK

Oklahoma 2026 Regular Session

Banking, Financial Services and Pensions REVISED: HB1182 - Removed Feb 17th, 2026

Banking, Financial Services and Pensions

Transcript Highlights:
  • Because police and fire, once you get to 25, you can drop back to 20.
  • House Bill 2193 is a COLA for state retirement systems.
  • The House Bill 2193 is a COLA for state retirement systems.
  • House Bill 1889 is a catch-up for police and fire employees.
  • There are no other pensions that are running this way in the state.
Summary: The Banking, Financial Services and Pensions Committee heard a series of retirement, banking, and school finance bills after announcing that several measures would be laid over or sent back to Rules and that the committee would recess briefly because of quorum and scheduling conflicts. The chair also explained the committee’s OPLA/safe-harbor process for pension bills and noted that many of the measures would still need oversight and floor consideration. Among the bills advanced were HB 1245, allowing certain DHS CLEET-commissioned agents to join the law enforcement retirement system; HB 4352, helping people refinance homes or businesses while protecting lenders; HB 4263, giving certain retired teachers who go to work for CareerTech a choice between TRS and OPERS; HB 1268, creating a five-year DROP option for EMTs and county sheriffs in OPERS; HB 1739, reinstating a half-pay provision in the law enforcement retirement system for OHP recruitment and retention; HB 2116, expanding OLERS eligibility to certain Office of State Fire Marshal officers; HB 2206, allowing newly hired school resource officers into OLERS; HB 3625, expanding school district investment options; HB 1889, providing a catch-up COLA for older police and fire retirees; and HB 1784, requiring TRS’s assumed rate of return not fall below its past 20-year annualized return. HB 3172, the “Fair Banking Act,” would restrict adverse actions by very large financial institutions based on lawful economic activity and require explanations on request; members asked whether it would affect Oklahoma banks and whether it mirrored a presidential executive order. HB 2193 proposed a COLA for state retirement systems with caps on eligible benefits and salaries, and members raised concerns about differing actuarial estimates and the need for more work before oversight. Most bills were reported out by committee votes ranging from 8-0 to 4-3. The chair and members repeatedly noted that several measures, especially the pension bills, would need further work with actuaries and oversight committees. The meeting ended with a brief acknowledgment of committee staff and support personnel before adjournment.
TX
Transcript Highlights:
  • Approximately 68% of weapons recovered in Mexico were traced back to the United States, including about
  • However, the relationship... ...between the United States and Mexico is still evolving should DPS choose
  • Because again, my ultimate concern was having some state parallel with state definition in the event
  • police.
  • One of the biggest exporters of weapons to Mexico was the United States.
Bills: SB36 , SB2202 , SB 36