Roads and bridges; creating the Preserving and Advancing City and Town Transportation Fund. Effective date. Emergency.
Second Reading referred to Aeronautics and Transportation Committee then to Appropriations Committee
Summary
The bill amends the state sales‑tax apportionment formula to set aside 0.50% of sales‑tax proceeds for a Preserving and Advancing City and Town Transportation Fund beginning fiscal year 2028. It also adjusts allocations to existing education, retirement, tourism, Route 66, and historic‑society funds, and directs specific 2019 payments to highway and railroad maintenance funds. The changes affect state and local governments that collect sales tax and the Oklahoma Department of Transportation, which must confirm the allocations.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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