HB 2136 — Militia; creating the Oklahoma National Guard Supplemental Retirement Pay Revolving Fund; applicability; eligibility; payment amounts; effective date.

HOUSEENGROSSED OF REPRESENTATIVES - FLOOR VERSION STATE OF OKLAHOMA 1st Session of the 60th Legislature (2025) COMMITTEE SUBSTITUTE FOR HOUSE BILL NO.

Burns 7of COMMITTEEthe SUBSTITUTEHouse and Gollihare of the Senate 5 An Act relating to militia;

All monies accruing to the credit of said fund are hereby appropriated and may HB2136be HFLRbudgeted Pageand 1expended BOLDby FACEthe denotesOklahoma CommitteeMilitary Amendments.Department for the purpose of implementing the provisions of Section 2 of this act.

beExpenditures budgetedfrom andsaid expendedfund byshall thebe Oklahomamade Militaryupon Departmentwarrants forissued theby purposeENGR. of implementing the provisions of Section 2 of this act.

ExpendituresH. from said fund shall be made upon warrants issued by the State Treasurer against claims filed as prescribed by law with the Director of the Office of Management and Enterprise Services for approval and payment.

B.

NO.

2136 Page 1 the State Treasurer against claims filed as prescribed by law with the Director of the Office of Management and Enterprise Services for approval and payment.

HB2136 HFLR Page 2 BOLD FACE denotes Committee Amendments.

1.ENGR.

H.

B.

NO.

2136 Page 2 1.

Any benefit payable to an eligible member of the Oklahoma National Guard shall only be payable during the member's lifetime, and no benefit authorized pursuant to the provisions of this section shall be payable to a beneficiary other than amounts paid to a member prior to the member's death which are payable to another person pursuant to the provisions of a joint tenancy bank account with a right of survivorship naming a person or persons as beneficiary, a bank account with a transfer on death or payable on death feature, an express trust, including, but not limited to, a HB2136trust HFLRcreated Pageby 3the BOLDpayee FACEmember denotesduring Committeehis Amendments.or her lifetime, a will or the statute of intestate succession for distribution of the ENGR.

trustH. created by the payee member during his or her lifetime, a will or the statute of intestate succession for distribution of the assets of a person who does not otherwise provide for the disposition of his or her assets after death.

B.

NO.

2136 Page 3 assets of a person who does not otherwise provide for the disposition of his or her assets after death.

For any period of time during which payments are prorated pursuant to this subsection, the HB2136next HFLRincrement Pageof 4available BOLDfunds FACEshall denotesbe Committeeused Amendments.to make payments to ENGR.

nextH. increment of available funds shall be used to make payments to the eligible members whose payment amounts were prorated to compensate for the reduction made in the prior payment period.

B.

NO.

2136 Page 4 the eligible members whose payment amounts were prorated to compensate for the reduction made in the prior payment period.

6Passed COMMITTEEthe REPORTHouse BY:of Representatives the 10th day of March, 2025.

COMMITTEE6 ONPresiding RULES,Officer datedof 02/26/2025the -House DOof PASS,Representatives AsPassed Amended.the Senate the _____ day of __________, 2025.

8Presiding HB2136Officer HFLRof Pagethe 5Senate BOLDENGR. FACE denotes Committee Amendments.

H.

B.

NO.

2136 Page 5