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Building the American Dream: Governor Stitt Signs Oklahoma Dream Accounts Bill

Thursday, April 23, 2026

OKLAHOMA CITY (April 23, 2026) - Governor Kevin Stitt has signed House Bill 4071, the Oklahoma Dream Accounts Investment Program Act, to help give every eligible Oklahoma child a stronger financial start in life.

“The American Dream is different for every young Oklahoman. Let’s give them the opportunity to achieve it. With Trump Accounts and this $250 investment from the state, we are putting real resources behind their future,” said Governor Stitt.

Governor Stitt called for the investment in these American Dream accounts in his State of the State. HB 4071 creates the Oklahoma Dream Accounts Investment Program and the Oklahoma Trump Account Investment Fund. The bill authorizes the State Treasurer to make a one-time $250 contribution into the federally authorized Trump Account of each eligible Oklahoma child, once a family applies and the account is verified.

The state’s contribution builds on President Trump’s initiative, which is set to provide at least $1,000 in federal seed money to eligible children born in the Trump Accounts program window, giving them resources at age 18 to buy a home, start a business, or pursue college or career training. Together, the federal funds and Oklahoma’s additional $250 will give thousands of Oklahoma kids a meaningful financial head start as they step into adulthood.

“As governor, I want every Oklahoma child to know this state believes in their future,” Governor Stitt said. “Eighteen years from now, when they are ready to take that first big step, we want them to have something waiting for them. That is how we keep building the American Dream right here in Oklahoma.”

“House Bill 4071 is about giving Oklahoma families a stronger financial foundation for their children’s future. By creating the Oklahoma Dream Accounts Investment Program, we are helping jumpstart savings and investment opportunities at an early age,” said Senate Pro Tem Lonnie Paxton. “This targeted, one-time contribution empowers families to begin building long-term financial security, encourages personal responsibility, and ensures these funds are distributed in a fair and accountable manner. I’m proud to support a measure that invests directly in the next generation of Oklahomans.”

“As a banker, I know starting early can make all the difference when it comes to saving for your kids’ future. President Trump had a great idea to encourage families to get started sooner rather than later, so those savings have time to grow. These new Oklahoma Dream Accounts build on that idea and give Oklahoma families yet another reason to start saving now,” said Senate Appropriations Chairman Chuck Hall.

“Every child in Oklahoma deserves leaders who believe in their future and are willing to invest in it. Oklahoma Dream Accounts, paired with President Trump’s initiative, create new opportunities for the next generation to build financial security and pursue their goals,” said House Appropriations and Budget Chairman Trey Caldwell. “As a young father of three, I know how important it is to make smart decisions today that will benefit our children tomorrow. This effort is about giving Oklahoma’s kids the hope they need to succeed.”

 

 

 

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Last Modified on Apr 23, 2026