OK SB1522

Modifies sales and use tax revenue apportionment effective July 1, 2010, reducing the percentage allocated to Oklahoma Tourism Capital Improvement Revolving Fund from 0.93% to 0.87% of total revenue.

Creates Oklahoma Historical Society Capital Improvement and Operations Revolving Fund to receive 0.06% of sales and use tax revenue beginning July 1, 2010, for maintaining operations, capital improvements, and historic sites.

Allows up to 20% of Oklahoma Tourism Capital Improvement Revolving Fund annual revenue to be expended for operations at state parks and tourist information centers, in addition to capital improvement projects.

Prohibits transfers of revolving fund monies to other state agencies and restricts use of funds for employee wages or salaries across all affected funds.

Declares an emergency, making the act effective upon passage and approval in addition to the July 1, 2010 implementation date for specific provisions.