The bill amends Section 1104 of Title 47 of the Oklahoma Statutes to establish the Municipal Improvements for Roads and Bridges Fund, which will replace the Rebuilding Oklahoma Access and Driver Safety Fund. This new fund will be created in the State Treasury and will consist of appropriations and transfers made by the Legislature, as well as apportionments from existing statutes. The bill specifies that certain percentages of collected fees will be distributed to various entities, including school districts, counties, and cities, to support road and bridge improvements and maintenance. It also mandates the Oklahoma Tax Commission to distribute these funds monthly and requires Service Oklahoma to provide detailed reports on motor vehicle collections.

Furthermore, the legislation directs the Transportation Commission to establish rules for the distribution of funds and outlines specific percentages allocated to various purposes, including the Oklahoma Law Enforcement Retirement Fund and the Wildlife Conservation Fund. It sets limits on the total amount apportioned each fiscal year for the County Improvements for Roads and Bridges Fund, with a gradual increase in funding limits over the years. The bill includes an emergency clause for immediate implementation upon passage and approval, and it is set to take effect on July 1, 2025.

Statutes affected:
Introduced: 47-1104