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OK SB278
Bill
Status
2/3/2025
Primary Sponsor
Regina Goodwin
Click for details
AI Summary
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Oklahoma Department of Commerce required to create and administer a compensation program for living survivors of the 1921 Tulsa Race Massacre, with each survivor receiving $2,000,000
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If a survivor dies before receiving payment, the $2,000,000 transfers to designated legatees in their will or to descendants under state succession laws
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Three-member advisory committee established consisting of a Senator and House member representing the Greenwood District in Tulsa, plus an appointee from the Department of Commerce
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Creates the Tulsa Race Massacre Victims' Compensation Revolving Fund in the State Treasury as a continuing fund not subject to fiscal year limitations
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Appropriates $4,000,000 from the General Revenue Fund to the compensation fund, with an effective date of July 1, 2025
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