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OK SB67
Bill
AI Summary
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Amends the Rebuilding Oklahoma Access and Driver Safety Fund to establish a new schedule of annual apportionments increasing from $640 million (FY 2025) to $1 billion (FY 2033 and thereafter), with $50 million annual increases
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Maintains the existing $80 million annual allocation to the Department of Transportation for debt service payments on obligations issued under Title 73
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Preserves secondary apportionments of $2 million annually to the Oklahoma Tourism and Passenger Rail Revolving Fund for the "Heartland Flyer" rail project and $3 million to the Public Transit Revolving Fund
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Updates statutory references from "Section 1 of Enrolled House Bill No. 2896 of the 1st Session of the 58th Oklahoma Legislature" to "Section 350.1 of Title 73 of the Oklahoma Statutes"
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Takes effect July 1, 2025, with an emergency clause for immediate implementation upon passage
Legislative Description
Roads and bridges; Rebuilding Oklahoma Access and Driver Safety Fund; modifying apportionment for certain fiscal years. Effective date. Emergency.
Last Action
Referred to Appropriations
2/17/2025