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STATE OF OKLAHOMA
1st Session of the 59th Legislature (2023)
COMMITTEE SUBSTITUTE
FOR ENGROSSED
SENATE BILL NO. 314 By: Coleman and Bergstrom of
the Senate
and
Moore of the House
COMMITTEE SUBSTITUTE
[ sales tax code - apportionment of revenues - limit
- effective date ]
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. AMENDATORY 68 O.S. 2021, Section 1353, as
last amended by Section 3, Chapter 412, O.S.L. 2022 (68 O.S. Supp.
2022, Section 1353), is amended to read as follows:
Section 1353. A. It is hereby declared to be the purpose of
the Oklahoma Sales Tax Code to provide funds for the f inancing of
the program provided for by the Oklahoma Social Security Act and to
provide revenues for the support of the functions of the state
government of Oklahoma, and for this purpose it is hereby expressly
provided that, revenues derived pursuant to t he provisions of the
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Oklahoma Sales Tax Code, subject to the apportionment requirements
for the Oklahoma Tax Commission and Office of Management and
Enterprise Services Joint Computer Enhancement Fund provided by
Section 265 of this title, shall be apporti oned as follows:
1. Except as provided in subsections C and D of this section,
the following amounts shall be paid to the State Treasurer to be
placed to the credit of the General Revenue Fund to be paid out
pursuant to direct appropriation by the Legisla ture:
Fiscal Year Amount
FY 2003 and FY 2004 86.04%
FY 2005 85.83%
FY 2006 85.54%
FY 2007 85.04%
FY 2008 through FY 2022 83.61%
FY 2023 through FY 2027 83.36%
FY 2028 and each fiscal year thereafter 83.61%;
2. The following amounts shall be paid to the St ate Treasurer
to be placed to the credit of the Education Reform Revolving Fund of
the State Department of Education:
a. for FY 2003, FY 2004 and FY 2005, ten and forty-two
one-hundredths percent (10.42%),
b. for FY 2006 through FY 2020, ten and forty -six one-
hundredths percent (10.46%),
c. for FY 2021:
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(1) for the month beginning July 1, 2020, through the
month ending August 31, 2020, ten and forty-six
one-hundredths percent (10.46%), and
(2) for the month beginning September 1, 2020,
through the month end ing June 30, 2021, eleven
and ninety-six one-hundredths percent (11.96%),
and
d. for FY 2022 and each fiscal year thereafter, ten and
forty-six one-hundredths percent (10.46%);
3. The following amounts shall be paid to the State Treasurer
to be placed to the credit of the Teachers' Retirement System
Dedicated Revenue Revolving Fund:
Fiscal Year Amount
FY 2003 and FY 2004 3.54%
FY 2005 3.75%
FY 2006 4.0%
FY 2007 4.5%
FY 2008 through FY 2020 5.0%
FY 2021:
a. for the month beginning July
1, 2020, through the month
ending August 31, 2020 5.0%
b. for the month beginning
September 1, 2020, through
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the month ending June 30,
2021 3.5%
FY 2022 5.0%
FY 2023 through FY 2027 5.25%
FY 2028 and each fiscal year thereafter 5.0%;
4. a. except as otherwise provided in subparagraph b of this
paragraph, for the fiscal year beginning July 1, 2022,
and for each fiscal year thereafter, eighty-seven one-
hundredths percent (0.87%) shall be paid to the State
Treasurer to be further apportioned as follows:
(1) twenty-four percent (24%) shall be placed to the
credit of the Oklahoma Tourism Promotion
Revolving Fund, but in no event shall such
apportionment exceed Five Million Dollars
($5,000,000.00) in any fiscal year for fiscal
years 2016 through 202 4, Six Million Dollars
($6,000,000.00) for fiscal year 2025, Six Million
Five Hundred Thousand Dollars ( $6,500,000.00) for
fiscal year 2026, and Seven Million Five Hundred
Thousand Dollars ($7,500,000.00) for fiscal year
2027 and subsequent fiscal years ,
(2) forty-four percent (44%) shall be placed to the
credit of the Oklahoma Tourism Capital
Improvement Revolving Fund, but in no event shall
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such apportionment exceed Nine Million Dollars
($9,000,000.00) in any for the fiscal year ending
June 30, 2023. For the fiscal year be ginning
July 1, 2023, and each subsequent fiscal year
thereafter, the maximum amount of such
apportionment shall not exceed the amount set
pursuant to subsection B of Section 2205 of Title
74 of the Oklahoma Statutes, and
(3) thirty-two percent (32%) shall be placed to the
credit of the Oklahoma Route 66 Commission
Revolving Fund, but in no event shall such
apportionment exceed Six Million Six Hundred
Thousand Dollars ($6,600,000.00) in any fiscal
year, and
b. any amounts which exceed the limitations of
subparagraph a of this paragraph shall be placed to
the credit of the General Rev enue Fund; and
5. For the fiscal year beginning July 1, 2015, and for each
fiscal year thereafter, six one-hundredths percent (0.06%) shall be
placed to the credit of the Oklahoma Historical Society Capital
Improvement and Operations Revolving Fund, but in no event shall
such apportionment exceed the total amount apportioned pursuant to
this paragraph for the fiscal year ending on June 30, 2015. Any
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amounts which exceed the limitations of this paragraph shall be
placed to the credit of the General Revenu e Fund.
B. Provided, for the fiscal year beginning July 1, 2007, and
every fiscal year thereafter, an amount of revenue shall be
apportioned to each municipality or county which levies a sales tax
subject to the provisions of Section 1357.10 of this titl e and
subsection F of Section 2701 of this title equal to the amount of
sales tax revenue of such municipality or county exempted by the
provisions of Section 1357.10 of this title and subsection F of
Section 2701 of this title. The Oklahoma Tax Commissio n shall
promulgate and adopt rules necessary to implement the provisions of
this subsection.
C. From the monies that would otherwise be apportioned to the
General Revenue Fund pursuant to subsection A of this section, there
shall be apportioned the follo wing amounts:
1. For the month ending August 31, 2019:
a. Nine Million Six Hundred Thousand Dollars
($9,600,000.00) to the credit of the State Highway
Construction and Maintenance Fund created in Section
1501 of Title 69 of the Oklahoma Statutes, and
b. Two Million Dollars ($2,000,000.00) to the credit of
the Oklahoma Railroad Maintenance Revolving Fund
created in Section 309 of Title 66 of the Oklahoma
Statutes;
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2. For the month ending September 30, 2019:
a. Twenty Million Dollars ($20,000,000.00) t o the credit
of the State Highway Construction and Maintenance Fund
created in Section 1501 of Title 69 of the Oklahoma
Statutes, and
b. Two Million Dollars ($2,000,000.00) to the credit of
the Oklahoma Railroad Maintenance Revolving Fund
created in Section 309 of Title 66 of the Oklahoma
Statutes;
3. For the month ending October 31, 2019:
a. Twenty Million Dollars ($20,000,000.00) to the credit
of the State Highway Construction and Maintenance Fund
created in Section 1501 of Title 69 of the Oklahoma
Statutes, and
b. Two Million Dollars ($2,000,000.00) to the credit of
the Oklahoma Railroad Maintenance Revolving Fund
created in Section 309 of Title 66 of the Oklahoma
Statutes;
4. For the month ending November 30, 2019:
a. Twenty Million Dollars ($20,000,000.00) to the credit
of the State Highway Construction and Maintenance Fund
created in Section 1501 of Title 69 of the Oklahoma
Statutes, and
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b. Two Million Dollars ($2,000,000.00) to the credit of
the Oklahoma Railroad Maintenance Revolving Fund
created in Section 309 of Title 66 of the Oklahoma
Statutes; and
5. For the month ending December 31, 2019:
a. Twenty Million Dollars ($20,000,000.00) to the credit
of the State Highway Construction and Maintenance Fund
created in Section 1501 of Title 69 of the Oklahoma
Statutes, and
b. Two Million Dollars ($2,000,000.00) to the credit of
the Oklahoma Railroad Maintenance Revolving Fund
created in Section 309 of Title 66 of the Oklahoma
Statutes.
D. For fiscal year 2023, and each subsequent fiscal year,
before any other apportionment otherwise required by this section is
made to the General Revenue Fund, there shall be apportioned to the
State Public Common School Building Equalization Fund an amount, if
any, as required pursuant to Section 3-104 of Title 70 of the
Oklahoma Statutes, not to exceed the state sales tax generated by
medical marijuana sales in the preceding fiscal year as reported by
the Oklahoma Tax Commission.
SECTION 2. AMENDATORY 68 O.S. 2021, Section 1403, is
amended to read as follows:
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Section 1403. A. It is hereby declared to be the purpose of
Section 1401 et seq. of this title to provide for the support of the
functions of the state and local government of Oklahoma ; and for
this purpose and to this end, it is hereby expressly provided that
the revenues derived hereunder, subject to the apportionment
provided in subsection B of this section and to the apportionment
requirements for the Oklahoma Tax Commission and Off ice of
Management and Enterprise Services Joint Computer Enhancement Fund
provided by Section 265 of this title, are hereby apportioned as
follows:
1. The following amounts shall be paid by the Tax Commission to
the State Treasurer and placed to the credi t of the General Revenue
Fund to be paid out pursuant to direct appropriation by the
Legislature:
Fiscal Year Amount
FY 2004 85.35%
FY 2005 85.14%
FY 2006 85.54%
FY 2007 85.04%
FY 2008 through FY 2022 83.61%
FY 2023 through FY 2027 83.36%
FY 2028 and each fiscal year thereafter 83.61%;
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2. The following amounts shall be paid to the State Treasurer
to be placed to the credit of the Education Reform Revolving Fund of
the State Department of Education:
a. for FY 2020, ten and forty -six one-hundredths percent
(10.46%),
b. for FY 2021:
(1) for the month beginning July 1, 2020, through the
month ending August 31, 2020, ten and forty-six
one-hundredths percent (10.46%), and
(2) for the month beginning September 1, 2020,
through the month ending June 30, 2021, eleve n
and ninety-six one-hundredths percent (11.96%),
and
c. for FY 2022 and each fiscal year ther eafter, ten and
forty-six one-hundredths percent (10.46%);
3. The following amounts shall be paid to the State Treasurer
to be placed to the credit of the Teache rs' Retirement System
Dedicated Revenue Revolving Fund:
Fiscal Year Amount
FY 2003 and FY 2004 3.54%
FY 2005 3.75%
FY 2006 4.0%
FY 2007 4.5%
FY 2008 through FY 2020 5.0%
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FY 2021:
a. for the month beginning July
1, 2020, through the month
ending August 31, 2020 5.0%
b. for the month beginning
September 1, 2020, through
the month ending June 30,
2021 3.5%
FY 2022 5.0%
FY 2023 through FY 2027 5.25%
FY 2028 and each fiscal year thereafter 5.0%;
4. a. except as otherwise provided in subparagraph b of this
paragraph, for the fiscal year beginning July 1, 2015,
and for each fiscal year thereafter, eighty -seven one-
hundredths percent (0.87%) shall be paid to the State
Treasurer to be further apportioned as follows:
(1) thirty-six percent (36%) shall be placed to t he
credit of the Oklahoma Tourism Promotion
Revolving Fund, but in no event shall such
apportionment exceed the total amount apportioned
pursuant to this division for the fiscal year
ending on June 30, 2015, and
(2) sixty-four percent (64%) shall be place d to the
credit of the Oklahoma Tourism Capital
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Improvement Revolving Fund, but in no event for
the fiscal year ending June 30, 2023, shall such
apportionment exceed the total amount apportioned
pursuant to this division for the fiscal year
ending on June 30, 2015. For the fiscal year
beginning July 1, 2023, and each subsequent
fiscal year thereafter, the maximum amount of
such apportionment shall not exceed the amount
set pursuant to subsection B of Section 2205 of
Title 74 of the Oklahoma Statute s, and
b. any amounts which exceed the limitations of
subparagraph a of this paragraph shall be placed t o
the credit of the General Revenue Fund; and
5. For the fiscal year beginning July 1, 2015, and for each
fiscal year thereafter, six one -hundredths percent (0.0 6%) shall be
placed to the credit of the Oklahoma Historical Society Capital
Improvement and Operations Revolving Fund, but in no event shall
such apportionment exceed the total amount apportioned pursuant to
this paragraph for the fiscal year ending on Ju ne 30, 2015. Any
amounts which exceed the limita tions of this paragraph shall be
placed to the credit of the General Revenue Fund.
B. Prior to the apportionments otherwise provided in this
section, there shall be apportioned to the Education Reform
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Revolving Fund of the State Department of Education th e following
amounts in the following state fi scal years:
FY 2019 $19,600,000.00; and
FY 2020 and each year thereafter $20,500,000.00.
SECTION 3. AMENDATORY 74 O.S. 2021, Section 220 5, is
amended to read as follows:
Section 2205. A. The Commission shall prepare and su bmit to
the Governor and to the Legislature on the first day of each
legislative session a report of the activities of the Department,
together with all information and data in the possession of the
Department as the Commission shall dee m of value to the Governor,
the Legislature and the people of the State of Oklahoma this state.
Each report may contain recommendations for legislation as the
Commission may deem necessa ry to give full effect to all the
provisions of the Oklahoma Tourism, Parks and Recreation Enhancement
Act. Each report shall also contain the most recent asset valuation
and recommended maximum apportionment required pursuant to
subsection B of this sect ion.
B. Every third calendar year, the Commission shall conduct a
valuation of the assets under the custody or control of the
Commission.
1. The valuation shall be performed by an ind ependent third
party and shall be completed by the second Tuesday of Se ptember.
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2. The most recent asset valuation shall be included in the
submissions required pursuant to Section 34.36 of Title 62 of the
Oklahoma Statutes.
3. The asset valuation shall include, but not be limited to,
the most recently assessed value of the asset, the recommended
annual preventative maintenance costs, e stimated replacement costs,
recommended replacement date, and any current outstanding capital
projects and deferred maintenance.
4. The asset valuation shall al so include the recommended
amount of annual funding to support the assets and the recomm ended
annual maximum apportionments to the Oklahoma Tourism Capital
Improvement Revolving Fund pursuant to Section s 1353 and 1403 of
Title 68 of the Oklahoma Statutes.
C. 1. The annual maximum appo rtionments recommended pursuant
to subsection B of this section shall become effective the following
fiscal year unless such maximu m apportionment is r ejected or amended
by law passed by a majority of each house of the Legislature.
2. If the Governor vetoes such a law, the procedure shall be
the same as for the veto of any other bill or joint resolution.
3. The Commission shall provide to the Oklahoma Tax Commission
the annual maximum apportionment s determined pursuant to this
section by July 1 of the app licable fiscal year.
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SECTION 4. This act shall become effective November 1, 2023.
59-1-8238 MAH 04/13/23