Senate Bill No. 258 establishes the Major Collector Routes Act, which creates the Major Collector Routes Fund within the State Treasury. This revolving fund is designated for the Oklahoma Department of Transportation and is intended to support the development and maintenance of major collector routes. The fund will consist of all appropriated monies and is not subject to fiscal year limitations, allowing for continuous budgeting and expenditure. The bill also mandates the establishment of a grant program through which counties can apply for funding, with projects evaluated based on various criteria such as innovation, safety, and public necessity.
Additionally, the bill outlines specific eligibility and selection criteria for projects, emphasizing the importance of county financial participation in the proposed projects. The act is set to take effect on July 1, 2025, and includes an emergency clause to ensure its immediate implementation upon passage and approval.
Statutes affected: Amended And Engrossed: 68-1004