SB 54 Summary

• Amends 68 O.S. 2011, Section 1353 to create a new subsection C providing special apportionment rules for sales tax revenue derived from dyed diesel fuel that is exempt from motor fuel tax but subject to sales tax.

• Allocates dyed diesel fuel sales tax revenue as follows: 1.39% to High Priority State Bridge Revolving Fund, 64.34% to State Transportation Fund, and 26.58% to counties through various distribution formulas.

• County distribution of dyed diesel sales tax (26.58% of revenue) is divided among population/area factors (42.1%), road mileage factors (14.5%), and county bridge/road improvement programs (28.9%).

• Effective date is July 1, 2013, with an emergency clause declaring the act necessary for preservation of public peace, health and safety.