The bill amends Section 1104 of Title 47 of the Oklahoma Statutes, transferring the responsibility for the monthly apportionment and distribution of fees, taxes, and penalties collected under the Oklahoma Vehicle License and Registration Act from the Oklahoma Tax Commission to Service Oklahoma. It requires Service Oklahoma to provide monthly reports to the Oklahoma Tax Commission detailing motor vehicle collection information. The bill also updates statutory language, modifies the termination date for certain apportionment provisions, and consolidates previous versions of Section 1104 to streamline the apportionment process. An emergency is declared, indicating the bill's immediate necessity for implementation.

Additionally, the bill outlines specific percentages for the distribution of funds to various entities, including school districts, counties, and cities, based on population and road mileage. It establishes a tiered system for contributions to the Oklahoma Law Enforcement Retirement Fund, the Wildlife Conservation Fund, and the County Improvements for Roads and Bridges Fund, with an increase in the percentage allocated to the latter over time. Notably, starting January 1, 2023, the first $100,000 collected from motorcycle and moped registrations will be credited to the Service Oklahoma Revolving Fund instead of the Oklahoma Tax Commission Revolving Fund. The bill also includes provisions for the distribution of funds to counties based on area, road miles, and bridge replacement costs for the fiscal years from July 1, 2021, to June 30, 2031.

Statutes affected:
Introduced: 47-1104