Revenue and taxation; tourism revenue; tourism promotion definition; effective date; emergency.

Summary

The bill rewrites Oklahoma's sales‑tax revenue formula, assigning set percentages to the General Revenue Fund, education, teachers’ retirement, tourism promotion, tourism capital projects, the Route 66 Commission, and the Historical Society. It also earmarks small amounts for highway and railroad maintenance for specific months in 2019 and requires municipalities that levy a sales tax to receive revenue equal to any exempted portion. The goal is to create dedicated funding streams for tourism and historic preservation while updating existing allocations.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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