OK SB1502

Amends 63 O.S. 2011, Section 2843.2 to modify language regarding prepaid wireless nine-one-one (911) fees.

Changes "section" to "act" in the definitions subsection to clarify the scope of statutory references.

Maintains the prepaid wireless 911 fee at fifty cents ($0.50) per retail transaction, with provisions for automatic adjustment based on changes to the wireless telephone fee.

Establishes collection and remittance procedures through the Oklahoma Tax Commission, with 98% of revenue distributed to eligible governing bodies based on population and 2% retained for administrative costs.

Requires that prepaid wireless 911 fees be the exclusive nine-one-one funding mechanism for prepaid wireless services in Oklahoma, with collected funds used solely for emergency wireless telephone services.