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OK HB2272
Bill
Status
2/6/2012
Primary Sponsor
Doug Cox
Click for details
AI Summary
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Enacts the District Road Fund Act, allowing three road districts in each Oklahoma county to levy a sales tax up to 2% upon voter approval by property owners.
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Permits districts to levy a property assessment up to $50 per year per property owner upon voter approval, with both taxes/assessments dedicated to constructing, improving, and maintaining county roads.
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Requires approval by majority of property owners voting at a special election called by county commissioners or by initiative petition signed by at least 51% of district property owners.
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Creates separate road tax and assessment revolving funds in each county for taxes and assessments collected, with funds restricted to road construction, improvement, and maintenance purposes.
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Takes effect November 1, 2012.
Legislative Description
Counties and county officers; enacting the District Road Fund Act; allowing districts to levy sales tax and property assessment for roads; effective date.
Revenue and Taxation
Last Action
Second Reading referred to Appropriations and Budget
2/7/2012