OK SB1469

Creates the Reimbursement for Uncompensated Primary Care Revolving Fund in the State Treasury to be administered by the Oklahoma Health Care Authority for uncompensated care costs related to primary health care delivery to uninsured patients.

Allocates 7.7% of cigarette tax revenue from the 40 mills per cigarette tax to fund the new revolving fund, modifying the existing apportionment of cigarette tax collections.

Reduces the percentage of cigarette tax revenue allocated to the General Revenue Fund from 16.83% to 9.13% to accommodate the new funding source.

Establishes the fund as a continuing fund not subject to fiscal year limitations, with all monies accruing to the fund appropriated for expenditure by the Health Care Authority.

Becomes effective July 1, 2016, with an emergency clause declaring the act takes effect immediately upon passage and approval.