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OK SB248
Bill
AI Summary
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Amends 74 O.S. 2021, Section 2251 to restructure the Oklahoma Tourism and Recreation Department Revolving Fund's revenue sources into three categories: monies from the Oklahoma Tourism, Parks and Recreation Enhancement Act; proceeds from sale, transfer, lease, or conveyance of real property; and investment interest
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Requires all monies from real property sales, transfers, leases, or conveyances to be appropriated specifically for maintenance and capital projects of state parks
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Prohibits funds derived from real property transactions from being used for compensation of any employee of any state agency
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Excludes leases entered into pursuant to concessionaire agreements from the real property revenue provisions
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Effective date of November 1, 2025
Legislative Description
Oklahoma Tourism and Recreation Department Revolving Fund; modifying designation of funds from monies derived from real property sales. Effective date.
Last Action
Remove as author Senator Thompson; authored by Senator Logan
2/2/2026