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OK SB278
Bill
Status
2/3/2025
Primary Sponsor
Regina Goodwin
Click for details
AI Summary
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Directs the Oklahoma Department of Commerce to create and administer a program providing $2,000,000 payments to each living survivor of the 1921 Tulsa Race Massacre from the newly created Tulsa Race Massacre Victims' Compensation Revolving Fund.
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Allows deceased survivors' payments of up to $2,000,000 cumulatively to be distributed to designated legatees or descendants according to Oklahoma succession laws.
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Establishes a three-member advisory committee composed of a Senate member from a Greenwood District-inclusive district (appointed by President Pro Tempore), a House member from a Greenwood District-inclusive district (appointed by Speaker), and a Department of Commerce appointee.
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Appropriates $4,000,000 from the General Revenue Fund for fiscal year ending June 30, 2023, to the revolving fund for restitution to survivors of the Tulsa Race Massacre events occurring May 31-June 1, 1921.
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Becomes effective July 1, 2025, with emergency provisions allowing it to take effect immediately upon passage and approval.
Legislative Description
Department of Commerce; requiring Department to create program; establishing requirements for program; creating the Tulsa Race Massacre Victims' Compensation Revolving Fund; making appropriation. Effective date. Emergency.
Last Action
Second Reading referred to Appropriations
2/4/2025