Loading chat...
OK SB1103
Bill
Status
2/1/2016
Primary Sponsor
Eddie Fields
Click for details
AI Summary
-
Caps cigarette tax revenue apportioned to certain health and municipal funds at fiscal year 2013 levels, beginning July 1, 2016
-
Redirects any cigarette tax revenue exceeding the FY2013 cap amounts to the General Revenue Fund
-
Affected funds include the Health Employee and Economy Improvement Act Revolving Fund (22.06%), Oklahoma Health Care Authority Medicaid Program Fund (26.38%), Mental Health and Substance Abuse Services Revolving Fund (2.65%), and Tobacco Prevention and Cessation Revolving Fund (0.66%)
-
Updates statutory references for the Education Reform Revolving Fund and Trauma Care Assistance Revolving Fund
-
Declared an emergency measure effective July 1, 2016
Legislative Description
Cigarette tax; limiting certain amounts apportioned after specified date; providing for deposit of funds in excess of limit. Effective date.
Last Action
coauthored by Standridge
2/24/2016