HB4459 HFLR Page 1 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 HOUSE OF REPRESENTATIVES - FLOOR VERSION STATE OF OKLAHOMA 2nd Session of the 58th Legislature (2022) COMMITTEE SUBSTITUTE FOR HOUSE BILL NO. 4459 By: Wallace and Martinez of the House and Thompson and Hall of the Senate COMMITTEE SUBSTITUTE An Act relating to transportation; amending 47 O.S. 2021, Section 1104, which relates to the apportionment of Oklahoma Vehicle Li cense and Registration Act collections ; modifying certain apportionment; limiting certain apportionment to certain amounts in future fiscal years; providing an effective date; and declaring an emergency . BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. AMENDATORY 47 O.S. 2021, Section 1104, is amended to read as follows: Section 1104. A. Unless otherwise provided by law, all fe es, taxes and penalties collected or received pursuant to the Oklahoma Vehicle License and Registration Act or Section 1 -101 et seq. of HB4459 HFLR Page 2 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 this title shall be apportioned and distributed mont hly by the Oklahoma Tax Commission in accordance with this section. B. 1. The following percentages of the monies referred to in subsection A of this section shall be apportioned to the various school districts in accordance with paragraph 2 of this subs ection: a. from October 1, 2000, until June 30, 2001, thirty-five and forty-six one-hundredths percent (35.46%), b. for the year beginning July 1, 2001, and ending June 30, 2002, thirty-five and ninety-one one-hundredths percent (35.91%), c. for the year beginning July 1, 2002, th rough the year ending on June 30, 2015, thi rty-six and twenty one- hundredths percent (36.20%), d. for the year beginning July 1, 2015, through the year ending on June 30, 2019, thirty -six and twenty one- hundredths percent (36.20%), but in no event shall th e amount apportioned in any fiscal year pur suant to this subparagraph exceed the total amount apportioned for the fiscal year ending on June 30, 2015 . Any amounts in excess of such limitat ion shall be placed to the credit of the General Revenue Fund, and e. for the year beginning July 1, 2019, and all subsequent years, thirty -six and twenty one-hundredths percent (36.20%), but in no event shall the amount HB4459 HFLR Page 3 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 apportioned in any fiscal year purs uant to this subparagraph exceed the total amount apportioned for the fiscal year ending on June 30, 2015 . Any amounts in excess of such limitation shall be placed to the credit of the Rebuilding Oklahoma Access and Driver Safety Fund created in Section 1 521 of Title 69 of the Oklahoma Statutes. 2. The monies apportione d pursuant to subparagraphs a through e of paragraph 1 of this subsection shall be apportioned to the various school districts so that each district shall receive an amount based upon the p roportion that each district 's average daily attendance bears to th e total average daily attendance of those districts entitled to receive funds pursuant to this section as certified by the State Department of Education. Each district's allocation of funds shall be remitted to the county treasurer of the county wherein th e administrative headquarters of the distri ct are located. No district shall be eligible for the funds herein provided unless the district makes an ad valorem tax levy of fifteen (15) mills and maintains nine (9) years of instructi on and pursuant to the rules of the State Board of Education, is aut horized to maintain ten (10) years of instruction. C. The following percentages of the monies referred to in subsection A of this section shall b e remitted to the State HB4459 HFLR Page 4 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Treasurer to be credited to the General Rev enue Fund of the State Treasury: 1. From October 1, 2000, until June 30, 2001, forty -five and ninety-seven one-hundredths percent (45.97%); 2. For the year beginning July 1, 2001, and end ing June 30, 2002, forty-five and twenty-nine one-hundredths percent (45.29%); 3. For the year beginning July 1, 2002, and for the subsequent fiscal years ending June 30, 2007, forty -four and eighty-four one- hundredths percent (44.84%); 4. For the year beginning July 1, 2007, and ending June 30, 2008, thirty-nine and eighty-four one-hundredths percent (39.84%); 5. For the year beginning July 1, 2008, and ending June 30, 2009, thirty-four and eighty-four one-hundredths percent (34.84%); 6. For the period beginning July 1, 2009, and ending Decemb er 31, 2012, twenty-nine and eighty-four one-hundredths percent (29.84%); 7. For the period beginning January 1, 2013, and ending June 30, 2013, twenty-nine and thirty-four one-hundredths percent (29.34%); 8. For the year beginning July 1, 2013, and endi ng June 30, 2014, twenty-six and eighty-four one-hundredths percent (26.84%); and HB4459 HFLR Page 5 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 9. For the year beginning July 1, 2014, through the year ending June 30, 2019, twenty -four and eighty-four one-hundredths percent (24.84%). D. The following percentages of the monies referred to in subsection A of this section shall be remi tted to the State Treasurer to be credited to the State Transportation Fund: 1. From October 1, 2000, until June 30, 2001, thirty one - hundredths percent (0.30%); 2. For the year beginnin g July 1, 2001, through the year ending on June 30, 2015, thirty -one one-hundredths percent (0.31%); 3. For the year beginning July 1, 2015, through the year ending on June 30, 2019, thirty -one one-hundredths percent (0.31%), but in no event shall the amo unt apportioned in any fiscal year pursuant to this paragraph exceed the total amount apportioned for the fiscal year ending on June 30, 2015 . Any amounts in excess of such limitation shall be placed to the credit of the General Revenue Fund; and 4. For the year beginning July 1, 2019, and all subsequent years, thirty-one one-hundredths percent (0.31%), but in no event shall the amount apportioned in any fiscal year pursuant to this paragraph exceed the total amou nt apportioned for the fiscal year ending on June 30, 2015. Any amounts in excess of such limitation shall be placed to the credit of the Rebuilding Oklahoma Access and HB4459 HFLR Page 6 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Driver Safety Fund created in Section 1521 of Title 69 of the Oklahoma Statutes. E. 1. The following percentages of the monies referred to in subsection A of this section shall be apportioned to the various counties as set forth in paragraph 2 of this section subsection: a. from October 1, 2000, until June 30, 2001, seven and nine one-hundredths percent (7.09%), b. for the year beginning July 1, 200 1, and ending June 30, 2002, seven and eighteen one-hundredths percent (7.18%), c. for the year beginning July 1, 2002, through the year ending on June 30, 2015, seven and twenty -four one- hundredths percent (7.24%), d. for the year beginning July 1, 2015, through the year ending on June 30, 2019, seven and twenty-four one- hundredths percent (7.24%), but in no event shall the amount apportioned in any fiscal year pursuant to this subparagraph exceed the tota l amount apportioned for the fiscal year ending on June 30, 2015. Any amounts in excess of such li mitation shall be placed to the credit of the General Revenue Fund, and e. for the year beginning July 1, 2019, and all subsequent years, seven and twenty -four one-hundredths percent (7.24%), but in no event shall the amount HB4459 HFLR Page 7 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 apportioned in any fiscal year pursuant to this subparagraph exceed the total amount apportioned for the fiscal year ending on June 30, 2015 . Any amounts in excess of such limitation shal l be placed to the credit of the Rebuilding Oklahoma Access and Driver Safety Fund created in Secti on 1521 of Title 69 of the Oklahoma Statutes. 2. The monies apportioned pursuant to subparagraphs a through e of paragraph 1 of this subsection shall be app ortioned as follows: forty percent (40%) of such sum shall be distributed to the various counties in that proportion which the county road mileage of each county bears to the entire state road mileage as certified by the Transportation Commission and the r emaining sixty percent (60%) of such sum shall be distributed to the various counties on the basis which the population and area of each county bears to the total population and area of the state . The population shall be as shown by the last Federal Censu s or the most recent annual est imate provided by the United States Bureau of the Census. The funds shall be used for the purpose of constructing and maintaining county highways; provided, however, the county treasurer may deposit so much of the funds in t he sinking fund as may be neces sary for the retirement of interest and annual accrual of indebtedne ss created by the issuance of county or township bonds for road purposes . Such HB4459 HFLR Page 8 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 deposits to the sinking fund shall not exceed forty percent (40%) of the funds allocated to a county pursuan t to this paragraph. F. 1. The following percentages of the monies referred to in subsection A of this section shall be remitted to the county treasurers of the respective counties and by them deposited in a separate special revenue fund to be used by th e county commissioners in accordance with paragraph 2 of this subsec tion: a. from October 1, 2000, until June 30, 2001, two and fifty-three one-hundredths percent (2.53%), b. for the year beginning July 1, 2001, and ending Ju ne 30, 2002, two and fifty -six one-hundredths percent (2.56%), c. for the year beginning July 1, 20 02, through the year ending on June 30, 2015, two and fifty -nine one- hundredths percent (2.59%), d. for the year beginning July 1, 2015, through the year ending on June 30, 2019, two and f ifty-nine one- hundredths percent (2.59%), but in no event shall the amount apportioned in any fiscal year pursuant to this subparagraph exceed the total amount apportioned for the fiscal year ending on June 30, 2015 . Any amounts in excess of such limitati on shall be placed to the credit of the General Revenue Fund, and HB4459 HFLR Page 9 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 e. for the year beginning July 1, 2019, and all subsequent years, two and fifty -nine one-hundredths percent (2.59%), but in no event shall the amount apportioned in any fiscal year pursuant to this subparagraph exceed the total amount apportioned for the fiscal year ending on June 30, 2015 . Any amounts in excess of such limitation shall be placed to the credit of the Rebuilding Oklahoma Access and Driver Safety Fund created in Section 1521 o f Title 69 of the Oklahoma Statutes. 2. The monies apportioned purs uant to subparagraphs a through e of paragraph 1 of this subsection shall be used for the primary purpose of matching federal funds for the construction of f ederal aid projects on county r oads, or constructing and maintaining county or township highways an d permanent bridges of such counties . The distribution of monies apportioned by this paragraph shall be made upon the basis of the current formula based upo n road mileage, area and population as related to county road improvement and maintenance costs. Provided, however, the Department of Transportation may update the formula factors from time to time as necessary to account for changing conditions. G. 1. The following percentages of th e monies referred to in subsection A of this section shall be transm itted by the Tax HB4459 HFLR Page 10 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Commission to the various counties as set forth in paragraph 2 of this subsection: a. from October 1, 2000, until June 30, 2001, three and fifty-five one-hundredths percent (3.55%), b. for the year beginning July 1, 2001, and ending June 30, 2002, three and fifty -nine one-hundredths percent (3.59%), c. for the year beginning July 1, 2002, through the year ending on June 30, 2015, three and six ty-two one- hundredths percent ( 3.62%), d. for the year beginning July 1, 2015, through the year ending on June 30, 2019, three and sixty -two one- hundredths percent (3.62%), but in no event shall the amount apportioned in any fiscal year pursuant to this subparagraph exceed the total amo unt apportioned for the fiscal year ending on June 30, 2015. Any amounts in excess of such limitation shall be placed to the credit of the General Revenue Fund, and e. for the year beginning July 1, 2019, and all subsequent years, three and sixty-two one-hundredths percent (3.62%), but in no event shall the amount apportioned in any fiscal year pursuant to this subparagraph exceed the total amount apportioned for the fiscal year ending on June 30, 2015 . Any amounts HB4459 HFLR Page 11 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 in excess of such limitation shall be pl aced to the credit of the Rebuilding Oklahoma Access and Driver Safety Fund created in Section 1521 of Title 69 of the Oklahoma Statutes. 2. The monies apportioned pursuant to subparagraphs a through e of paragraph 1 of this subsection shall be transmitte d to the various counties on the basis of a formula to be developed by the Department of Transportation . Such formula shall be similar to that currently used for the distribution of County Bridge Program Funds, but also taking into consideration the effec t of terrain and traffic volume as related to county road improvemen t and maintenance costs . Provided, however, the Department of Transportation may update the formula factors from time to time as necessary to account for changing conditions. The funds shall be transmitted to th e various county treasurers to be deposited in the county highway fund of their respective counties. H. 1. The following percentages of the monies referred to in subsection A of this section shall b e apportioned to the various counties as set forth in pa ragraph 2 of this subsection: a. from October 1, 2000, until June 30, 2001, eighty -one one-hundredths percent (0.81%), b. for the year beginning July 1, 2001, and ending June 30, 2002, eighty-two one-hundredths percent (0.82%), HB4459 HFLR Page 12 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 c. for the year beginning Ju ly 1, 2002, through the year ending on June 30, 2015, eighty-three one-hundredths percent (0.83%), d. for the year beginning July 1, 2015, through the year ending on June 30, 2019, eighty -three one-hundredths percent (0.83%), but in no event shall the amou nt apportioned in any fiscal year pursuant to this subparagraph exceed the total amount apportioned for the fiscal year ending on June 30, 2015 . Any amounts in excess of such limitation shall be plac ed to the credit of the General Revenue Fund, and e. for the year beginning July 1, 2019, and all subsequent years, eighty -three one-hundredths percent (0.83%), but in no event shall the amount apportioned in any fiscal year pursuant to this subparagraph exceed the total amount appo rtioned for the fiscal year ending on June 30, 2015. Any amounts in excess of such limitation shall be placed to the credit of the Rebuilding Oklahoma Access and Driver Safety Fund created in Section 1521 of Title 69 of the Okla homa Statutes. 2. The monies apportioned pursuant to su bparagraphs a through e of paragraph 1 of this subsection shall be apportioned to the HB4459 HFLR Page 13 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 various counties based upon the proportion that each county 's population bears to the total state population. Each county's allocation of funds shall be remitted to the various county treasurers to be deposited in the general fund of the county and used for the support of county government. I. 1. The following percentages of the monies referred to in subsection A of this section shall be a pportioned to the various cities and incorporated towns as set forth in par agraph 2 of this subsection: a. from October 1, 2000, until June 30, 2001, three and four one-hundredths percent (3.04%), b. for the year beginning July 1, 2 001, and ending June 30, 2002, three and eight one-hundredths percent (3.08%), c. for the year beginning July 1, 2002, through the year ending on June 30, 2015, three and ten one -hundredths percent (3.10%), d. for the year beginning July 1, 2015, through t he year ending on June 30, 2019, three and ten one-hundredths percent (3.10%), but in no event shal l the amount apportioned in any fiscal year pursuant to this subparagraph exceed the total amount apportioned for the fiscal year ending on June 30, 2015 . Any amounts HB4459 HFLR Page 14 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 in excess of such limitation shall be placed to the credit of the General Revenue Fund, and e. for the year beginning July 1, 2019, and all subsequent years, three and ten one -hundredths percent (3.10%), but in no event shall the amount apportio ned in any fiscal year pursuant to this subparagraph exceed the total amount apportioned for the fi scal year ending on June 30, 2015 . Any amounts in excess of such limitation shall be placed to the credit of the Rebuilding Oklahoma Access and Driver Safet y Fund created in Section 1521 of Title 69 of the Oklaho ma Statutes. 2. The monies apportioned pur suant to subparagraphs a through e of paragraph 1 of this subsection shall be apportioned to the various cities and incorporated towns based upon the proport ion that each city or incorporated town's population bears to the total population of all cities an d incorporated towns in the state . Such funds shall be remitted to the various county treasurers for allocation to the various cities and incorporated towns . All such funds shall be used for the construction, ma intenance, repair, improvement and lighting of streets and alleys . Provided, however, the governing board of any city or town may, with the approval of the county excise board, transfer any surplus f unds to the general HB4459 HFLR Page 15 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 revenue fund of such city or town wh enever an emergency requires such a transfer. J. The following percentages of the monies referred to in subsection A of this section shall be remitted to the State Treasurer to be credited to the Okl ahoma Law Enforcement Retirement Fund: 1. From October 1, 2000, until June 30, 2001, one and twent y- two one-hundredths percent (1.22%); 2. For the year beginning July 1, 2001, and ending June 30, 2002, one and twenty -three one-hundredths percent (1.23%); and 3. For the year beginning July 1, 2002, and all su bsequent years, one and twenty-four one-hundredths percent (1.24%). K. Three one-hundredths of one percent (3/100 of 1%) of the monies referred to in subsection A of this section shall be remitted to the State Treasurer to be credited to the Wildlife Cons ervation Fund. Seventy-five percent (75%) of the funds shall be used for fish habitat restoration and twenty -five percent (25%) of the funds shall be used in the fish hatchery system for fish product ion. L. 1. For the year beginning July 1, 2007, and en ding June 30, 2008, five percent (5%) of mo nies referred to in subsection A of this section shall be remitted to the State Treasurer to be credited to the County Improvements for Roads and Bridges Fun d as created in Section 507 of Title 69 of the Oklahoma Statutes. HB4459 HFLR Page 16 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 2. For the year beginning July 1 , 2008, and ending June 30, 2009, ten percent (10%) of monies referred to in subsection A of this section shall be remitted to the State Treasurer to be cred ited to the County Improvements for Roads and Bridges Fu nd as created in Section 507 of Title 69 of the Oklahoma Statutes. 3. For the period beginning July 1, 2009, and ending December 31, 2012, fifteen percent (15%) of monies referred to in subsection A of this section shall be remitt ed to the State Treasurer to be credited to the County Improvements for Roads and Bridges Fund as created in Section 507 of Title 69 of the Oklahoma Statutes. 4. For the period beginning January 1, 2013, and ending June 30, 2013, fifteen and fifty one-hundredths percent (15.50%) of monies referred to in subsection A of th is section shall be remitted to the State Treasurer to be credited to the County Improvements for Roads and Bridges Fund as created in Section 507 of Title 6 9 of the Oklahoma Statutes. 5. For the year beginning J uly 1, 2013, and ending June 30, 2014, eighteen percent (18%) of monies referred to in subsection A of this section shall be remitted to the State Treasurer to be credited to the County Improvements f or Roads and Bridges Fund as created in Section 507 of T itle 69 of the Oklahoma Statutes. 6. For the year beginning July 1, 2014, twenty percent (20%) of monies referred to in subsection A of this section shall be remitted to the State Treasurer to be cre dited to the County Improvement s for HB4459 HFLR Page 17 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Roads and Bridges Fund as created in Section 507 of Title 69 o f the Oklahoma Statutes. 7. For the year beginning July 1, 2015, through the year ending on June 30, 2019, twenty percent (20%) of monies referred to in subsection A of this section shall be remitted to the State Treasurer to be credited to the County Imp rovements for Roads and Bridges Fund as created in Section 507 of Title 69 of the Oklahoma Statutes, but in no event shall the total amount apportioned in an y fiscal year pursuant to this paragraph exceed One Hund red Twenty Million Dollars ($120,000,000.00 ). Any amounts in excess of One Hundred Twenty Million Dollars ($120,000,000.00) shall be placed to the credit of the General Revenue Fund. 8. a. Except as provided in subparagraph b of t his paragraph, for the year beginning July 1, 2019, and all subsequent years, twenty percent (20%) of monies referred to in subsection A of this section shall be remitted to the State Treasurer to be credited to the County Improvements for Roads and Bridge s Fund as created in Section 507 of Title 69 of the Oklahoma Statutes, but in no event shall the total amount apportioned in any fiscal year pursuant to this paragraph exceed One Hundred Twenty Million Dollars ($120,000,000.00) the fiscal year limitation s provided in subparagraph c of this paragraph. Any amounts in HB4459 HFLR Page 18 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 excess of One Hundred Twenty Million Dollars ($120,000,000.00) the fiscal year limitation s provided in subparagraph c of this paragraph shall be placed to the credit of the Rebuilding Oklahoma A ccess and Driver Safety Fund created in Section 1521 of Title 69 of the Oklahoma Statutes , and b. (1) for the fiscal year beginning July 1, 2021, through the fiscal year ending June 30, 2026, the Oklahoma Tax Commission shall re mit twenty-five percent (25%) of the monthly allocati on, otherwise scheduled to be credited to t he County Improvements for Roads and Bridges Fu nd, to the various counties of the state . The Commission shall distribute such funds monthly to each county treasurer as follows: (a) one-third (1/3) of such funds shall be distributed to the various counties in the proportion which the area of each county bears to the total area of the state, (b) one-third (1/3) of such funds shall be distributed to the various cou nties in the proportion which the certified county road miles of each county bear to the total sum of county road miles in the state, and HB4459 HFLR Page 19 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 (c) one-third (1/3) of such funds shall be distributed to the various counties in the proportion which the total replacement cost for obsolete or deficient bridges accordi ng to the most recent ODOT yearly Bridge Summary Report for County B ridges for each county bears to the total amount of such cost for all such county bridges in the state, and (2) for the fiscal year beg inning July 1, 2026, and all subsequent fiscal years thereafter, the Oklahoma Tax Commission sha ll remit twenty-five percent (25%) of the month ly allocation, otherwise scheduled to be credited to the County Improvements for Roads and Bridges Fund, to the various counties of the state . The Commission shall distribute such funds monthly to each county treasurer as follows: (a) one-third (1/3) of such funds shall be distributed to the various counties in the proportion which the area of each county bears to the total area of the state, (b) one-third (1/3) of such funds shall be distributed to the variou s counties in the HB4459 HFLR Page 20 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 proportion which the certif ied county road miles of each county bear to the total sum of county road miles in the state, and (c) one-third (1/3) of such funds shall be distributed to the various counties in the proportion which the number of county bridges in each county according to the ODOT 2020 Bridge Summary Report for County Bridges bears to the total sum of county bridges in the state according to such report. Each county treasurer shall dep osit such funds to the county's county highway fund and such funds shall be used for maintenance and operations . In no event shall the total amount apportioned in any fiscal year pursuant to the provisions of subparagraphs a and b of this paragraph exceed One Hundred Twenty Million Dollars ($120,0 00,000.00) the fiscal year limitation s provided in subparagraph c of this paragraph, and c. the total amount apportioned each fiscal year pursuant to this paragraph shall be limited as follows: (1) for fiscal years 2020 through 2022 $120,000,000.00, (2) for fiscal year 2023 $125,000,000.00, HB4459 HFLR Page 21 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 (3) for fiscal year 2024 $130,000,000.00, (4) for fiscal year 2025 $135,000,000.00, (5) for fiscal year 2026 $140,000,000.00, (6) for fiscal year 2027 $145,000,000.00, (7) for fiscal year 2028 and all subsequent fiscal years thereafter $150,000,000.00. M. Twenty-four and eighty-four one-hundredths percent (24.84%) of the monies referred to in subsection A of this section shall be remitted to the State Treasurer to be credited to the Rebuilding Oklahoma Access and Drive r Safety Fund created in Section 1521 of Title 69 of the Oklahoma Statutes. N. Monies allocated to counties by th is section may be estimated by the county excise board in the budget for the county as anticipated revenue to the extent of ninety percent (90 %) of the previous year's income from such source; provided, not more than fifteen percent (15%) can be encumbered during any month. O. Notwithstanding any other provisions of this section, for the fiscal year beginning July 1, 2003, the first One Hundred Thousand Dollars ($100,000.00) of the monies collected or rece ived by the Tax Commission pursuant to the registra tion of motorcycles and mopeds in this state shall be placed t o the credit of the Oklahoma Tax Commission Revolving Fund. SECTION 2. This act shall become effective July 1, 2022. HB4459 HFLR Page 22 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 SECTION 3. It being immediately necessary for the preservation of the public peace, health or safety, an emergency is hereby declared to exist, by reason whereof this act shall take eff ect and be in full force from and after its passage and approval. COMMITTEE REPORT BY: COMMITTEE ON JOINT COMMITTEE ON APPROPRIATIONS AND BUDGET, dated 05/17/2022 - DO PASS, As Amended.