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OK HB1514

Bill

Official Source

Status

Engrossed

3/15/2011

Primary Sponsor

Guy Liebmann

Click for details

Origin

House of Representatives

2011 Regular Session

AI Summary

  • Increases the total annual apportionment cap for the Rebuilding Oklahoma Access and Driver Safety (ROADS) Fund from $400 million to $500 million
  • The ROADS Fund supports construction and maintenance of state roads, bridges, and highways, as well as debt service payments and matching federal funds
  • Updates statutory references from Section 41.9 to Section 34.49 of Title 62 regarding General Revenue Fund revenue failure provisions
  • Maintains existing allocation structure including $30 million (increasing to $35.7 million) for initial annual apportionment, plus $2 million for the Heartland Flyer rail project and $3 million for public transit
  • Effective date of January 1, 2012

Legislative Description

Roads, bridges and ferries; increasing Rebuilding Oklahoma Access and Driver Safety Fund total apportionment limit; effective date.

Public Finance

Last Action

Second Reading referred to Appropriations

3/21/2011

Committee Referrals

Appropriations and Budget2/8/2011

Full Bill Text

No bill text available