1 STATE OF OKLAHOMA
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2 2nd Session of the 59th Legislature (2024)
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3 SENATE BILL 1594 By: Haste
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6 AS INTRODUCED
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7 An Act relating to state highways; amending 69 O.S.
7 2021, Section 1501, which relates to the State
8 Highway Construction and Maintenance Fund; allowing
8 certain monies to be transferred from fund; updating
9 statutory language; updating statutory references;
9 providing an effective date; and declaring an
10 emergency.
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12 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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13 SECTION 1. AMENDATORY 69 O.S. 2021, Section 1501, is
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14 amended to read as follows:
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15 Section 1501. (a) A. All monies received by taxation or
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16 otherwise for use on the state highways of this state shall, unless
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17 otherwise provided by law, be placed in the State Treasury in a fund
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18 to be known as the State Highway Construction and Maintenance Fund
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19 “State Highway Construction and Maintenance Fund”. The fund shall
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20 also consist of revenues specifically apportioned to such fund by
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21 provisions of the Oklahoma Statutes.
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22 (b) B. All monies remaining in the State Highway Construction
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23 and Maintenance Fund created by 69 O.S. 1961, Section 44(d), when
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24 this the Oklahoma Highway Code of 1968 becomes effective, and all
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 1 other assets thereof, and all taxes, revenue and other funds payable
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2 to or required to be deposited in such fund under the provisions of
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3 other laws when this the Oklahoma Highway Code of 1968 becomes
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4 effective, shall be transferred to, be deposited in and be a part of
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5 the State Highway Construction and Maintenance Fund created by this
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6 section; and the latter fund shall be liable for the payment of all
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7 outstanding obligations existing against the former fund.
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8 (c) C. Of the monies deposited in the State Highway
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9 Construction and Maintenance Fund pursuant to the apportionment of
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10 Motor Fuels Tax Fees provided in Section 1 of this act 1132.7 of
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11 Title 47 of the Oklahoma Statutes, the lesser of Ten Thousand
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12 Dollars ($10,000.00) and one and one-half percent (1 1/2%) of such
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13 monies may be used for the development and maintenance of
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14 alternative fuel corridors as defined by the Federal Highway
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15 Administration.
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16 D. Of monies appropriated for each fiscal year and transferred
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17 into such fund, the Department of Transportation shall be authorized
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18 to transfer Six Million Nine Hundred Thousand Dollars
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19 ($6,900,000.00) to the Public Transit Revolving Fund for uses that
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20 are in accordance with Section 4033 of this title.
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21 SECTION 2. This act shall become effective July 1, 2024.
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22 SECTION 3. It being immediately necessary for the preservation
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23 of the public peace, health or safety, an emergency is hereby
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 1 declared to exist, by reason whereof this act shall take effect and
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2 be in full force from and after its passage and approval.
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4 59-2-3123 MSBB 1/9/2024 4:35:07 PM
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