OK SB2068

Modifies the apportionment percentages of sales, use, and income tax revenues between the General Revenue Fund and the Teachers' Retirement System Dedicated Revenue Revolving Fund for fiscal years 2008-2012 and beyond.

Decreases General Revenue Fund apportionment from 83.61% (FY 2008-2011) to 82.61% (FY 2012+) for sales tax; from 83.61% to 82.61% for income tax; and from 85.66% to 84.66% for income tax under different sections.

Increases Teachers' Retirement System Dedicated Revenue Revolving Fund apportionment from 5.0% (FY 2008-2011) to 6.0% (FY 2012+) for sales and income taxes.

Becomes effective November 1, 2010.