SB 1391 Summary

• Amends 47 O.S. Section 1104 to modify apportionment of motor vehicle taxes and fees collected in Oklahoma starting July 1, 2016.

• Eliminates county road and bridge fund allocations for school districts, counties, and municipalities beginning July 1, 2016, redirecting those revenues to the State Transportation Fund.

• Phases out allocations to the Oklahoma Law Enforcement Retirement Fund and Wildlife Conservation Fund beginning July 1, 2016.

• Increases County Improvements for Roads and Bridges Fund allocation from 20% to 35.52% of vehicle tax revenue beginning July 1, 2016, with a $120 million annual cap.

• Effective July 1, 2016; declared an emergency measure for immediate implementation.