Representative Trey Caldwell

R

District 63

Hi, I’m Trey Caldwell and I represent the people of Oklahoma’s 63rd District.


representative

Leadership

Majority Deputy Leader

58th Legislature

Appropriations and Budget Committee Vice Chair

59th Legislature

Appropriations and Budget Committee Chair

60th Legislature

News & Announcements

Jan 21, 2026
Recent Posts

Caldwell Plans to Expand Oklahoma's Promise Using TSET Funds

Oklahoma House Appropriations and Budget Chairman Trey Caldwell, R-Faxon, announced today a joint resolution that would place a constitutional amendment before Oklahoma voters to restructure how the investment returns from the Tobacco Settlement Endowment Trust (TSET) are managed and distributed. This measure expands what TSET can hold by allowing real property, stocks and other equity investments to be added to the trust, not just cash. It would eliminate the TSET Board of Directors entirely and transfer all remaining responsibilities to the existing Board of Investors (BoI), whose role would be expanded to fully managing, administering and transferring trust assets and earnings. Under the proposal, TSET earnings would be distributed annually in a fixed order: first to fully fund Oklahoma’s Promise (OHLAP) scholarships, and then any remaining earnings would be transferred to the Education Reform Revolving Fund (the 1017 Fund). Because the distribution formula would be set in the Constitution, the Board of Directors would no longer be necessary. "By eliminating duplicative administrative structures and prioritizing funding for Oklahoma’s Promise and the 1017 Fund, this reform delivers real savings and results," said Caldwell. The reform is intended to simplify TSET’s structure, reduce administrative costs and increase the amount of money going directly to scholarships and education funding. Eliminating the Board of Directors and associated staff functions is projected to save at least $4.19 million annually. Based on an average $6,000 Oklahoma’s Promise award, those savings alone could fund scholarships for nearly 700 additional Oklahoma students each year. "This resolution reflects a practical, good-government approach," said Caldwell. "The goal is to fully fund every Oklahoma student who can academically qualify for Oklahoma's Promise to go to college and career tech tuition-free, as well as students seeking apprenticeships."

Oct 1, 2025
Recent Posts

House Updates Online Budget Transparency Portal

The Oklahoma House of Representatives released today an update to its online budget transparency portal, detailing state agency budgets that have been submitted to the Legislature for the FY27 budget. The portal, known as  Budget HQ , was created in 2024 in an effort to bring transparency to the state budgeting process both for the full House membership and the public. "Our budget transparency portal has brought light to what used to be a mostly behind the scenes process in crafting our state budget. We will be posting updated budget requests ahead of budget hearings our committees will hold in December and January so our members and the public know the requests being made," said House Appropriations and Budget Chairman Trey Caldwell, R-Faxon. "We are already working on the FY27 budget and will continue to keep the public informed as the process progresses." Agencies are required to submit proposed budgets for the next fiscal year by Oct. 1, but because of various board schedules, agencies submit budgets throughout the month of October. The House will be frequently updating the portal as new agency budgets are received. "Our one constitutional obligation as a Legislature is to pass a balanced budget, and receiving agency budget requests is the very first step in that process," said House Speaker Kyle Hilbert, R-Bristow. "The budget is our most important job as a Legislature and being transparent from Day 1 is important to us."

Jun 12, 2025
Recent Posts

Caldwell and Haste Celebrate Historic $75 Million Investment in County Roads and Bridges

OKLAHOMA CITY – House Appropriations & Budget Chair Trey Caldwell, R-Lawton, and Vice Chair of Senate Appropriations Sen. John Haste, R-Broken Arrow, applauded the governor's signing of House Bill 2758 , landmark legislation they authored that delivers up to $75 million in new resources for county roads and bridges across Oklahoma. The measure, which now becomes law, is one of the largest single-year investments in county transportation infrastructure in state history. It provides critical support to counties as they work to improve road conditions, address structurally deficient bridges, and bolster rural and urban transportation networks that Oklahomans rely on every day. “This puts this critical funding directly into the hands of our counties to fix the roads and bridges they know best,” Caldwell said. “This will keep Oklahomans safe as they travel. It will keep commerce moving through our rural and urban areas to the economic benefit of all Oklahomans, and it will lead to job growth and support the long-term future of Oklahoma’s infrastructure. We’re proud to stand with county officials in delivering the resources they’ve long needed.” Haste, the Senate author of the bill added, “This legislation is about solving real problems in every corner of our state. Oklahoma currently has 1,764 structurally deficient county bridges, making this historic investment critical to public safety and infrastructure modernization. HB 2758 delivers the funding counties need to begin replacing them, and to upgrade thousands of miles of rural roads that are vital to public safety, agriculture, and economic development.” Under the bill, counties may access up to $4,000 per mile of county roads to support targeted repairs and infrastructure modernization. This increase is significant. The new law is the product of collaboration between the Legislature, Gov. Kevin Stitt, and the Association of County Commissioners of Oklahoma (ACCO), which championed the effort to secure new funding for all 77 counties. “This funding empowers counties to take on the kinds of large-scale repairs and upgrades that have too often been delayed due to lack of funding,” Haste said. “This is what good policy looks like — meeting a long-standing need with smart investment and strong partnership.” Caldwell added, "The majority of roads and bridges in Oklahoma are maintained by our counties. It's imperative we give them the tools and funding they need to properly maintain them for the safety of their residents and the businesses that rely on these lifelines. Getting this historic legislation signed into law is a huge win for all of Oklahoma."