Oklahoma 2023 Regular Session

Oklahoma Senate Bill SB314 Compare Versions

Version 1 (Old)

Version 2 (New)

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28		-	ENGROSSED HOUSE AMENDME NT
29		-	TO
30		-	ENGROSSED SENATE BILL NO . 314 By: Coleman and Bergstrom of
	29	+	HOUSE OF REPRESENTATIVES - FLOOR VERSION
	30	+
	31	+	STATE OF OKLAHOMA
	32	+
	33	+	1st Session of the 59th Legislature (2023)
	34	+
	35	+	COMMITTEE SUBSTITUTE
	36	+	FOR ENGROSSED
	37	+	SENATE BILL NO. 314 By: Coleman and Bergstrom of
31	38		the Senate
32	39
33	40		and
34	41
35		-	Moore of the House
	42	+	Moore and Fetgatter of the
	43	+	House
36	44
37	45
38	46
	47	+
	48	+
	49	+	COMMITTEE SUBSTITUTE
39	50
40	51		[ sales tax code - apportionment of revenues - limit
41	52		- effective date ]
42	53
43	54
44		-
45		-
46		-	AUTHOR: Add the following House Coauthor: Fetgatter
47		-
48		-	AMENDMENT NO. 1. Strike the title, enacting clause, and entire bill
49		-	and insert:
50		-
51		-
52		-	"[ sales tax code - apportionment of revenues - limit
53		-	- effective date ]
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58	59		BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
59	60		SECTION 1. AMENDATORY 68 O.S. 2021, Section 1353, as
60	61		last amended by Section 3, Cha pter 412, O.S.L. 2022 (68 O.S. Supp.
61	62		2022, Section 1353), is amended to read as follows:
62	63		Section 1353. A. It is hereby declared to be the purpose of
63	64		the Oklahoma Sales Tax Code to provide funds for the f inancing of
64	65		the program provided for by the Oklahoma Social Security Act and to
	66	+	provide revenues for the support of the functions of the state
65	67
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91		-	provide revenues for the support of the functions of the state
92	94		government of Oklahoma, and for this purpose it is hereby expressly
93	95		provided that, revenues derived pursuant to t he provisions of the
94	96		Oklahoma Sales Tax Code, subject to the apportionment requirements
95	97		for the Oklahoma Tax Commission and Office of Management and
96	98		Enterprise Services Joint Computer Enhancement Fund provided by
97	99		Section 265 of this title, shall be apporti oned as follows:
98	100		1. Except as provided in subsections C and D of this section,
99	101		the following amounts shall be paid to the State Treasurer to be
100	102		placed to the credit of the General Revenue Fund to be paid out
101	103		pursuant to direct appropriation by the Legisla ture:
102	104		Fiscal Year Amount
103	105		FY 2003 and FY 2004 86.04%
104	106		FY 2005 85.83%
105	107		FY 2006 85.54%
106	108		FY 2007 85.04%
107	109		FY 2008 through FY 2022 83.61%
108	110		FY 2023 through FY 2027 83.36%
109	111		FY 2028 and each fiscal year thereafter 83.61%;
110	112		2. The following amounts shall be paid to the St ate Treasurer
111	113		to be placed to the credit of the Education Reform Revolving Fund of
112	114		the State Department of Education:
113	115		a. for FY 2003, FY 2004 and FY 2005, ten and forty-two
114	116		one-hundredths percent (10.42%),
115	117
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141	144		b. for FY 2006 through FY 2020, ten and forty -six one-
142	145		hundredths percent (10.46%),
143	146		c. for FY 2021:
144	147		(1) for the month beginning July 1, 2020, through the
145	148		month ending August 31, 2020, ten and forty-six
146	149		one-hundredths percent (10.46%), and
147	150		(2) for the month beginning September 1, 2020,
148	151		through the month end ing June 30, 2021, eleven
149	152		and ninety-six one-hundredths percent (11.96%),
150	153		and
151	154		d. for FY 2022 and each fiscal year thereafter, ten and
152	155		forty-six one-hundredths percent (10.46%);
153	156		3. The following amounts shall be paid to the State Treasurer
154	157		to be placed to the credit of the Teachers' Retirement System
155	158		Dedicated Revenue Revolving Fund:
156	159		Fiscal Year Amount
157	160		FY 2003 and FY 2004 3.54%
158	161		FY 2005 3.75%
159	162		FY 2006 4.0%
160	163		FY 2007 4.5%
161	164		FY 2008 through FY 2020 5.0%
162	165		FY 2021:
163	166
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189	193		a. for the month beginning July
190	194		1, 2020, through the month
191	195		ending August 31, 2020 5.0%
192	196		b. for the month beginning
193	197		September 1, 2020, through
194	198		the month ending June 30,
195	199		2021 3.5%
196	200		FY 2022 5.0%
197	201		FY 2023 through FY 2027 5.25%
198	202		FY 2028 and each fiscal year thereafter 5.0%;
199	203		4. a. except as otherwise provided in subparagraph b of this
200	204		paragraph, for the fiscal year beginning July 1, 2022,
201	205		and for each fiscal year thereafter, eighty-seven one-
202	206		hundredths percent (0.87%) shall be paid to the State
203	207		Treasurer to be further apportioned as follows:
204	208		(1) twenty-four percent (24%) shall be placed to the
205	209		credit of the Oklahoma Tourism Promotion
206	210		Revolving Fund, but in no event shall such
207	211		apportionment exceed Five Million Dollars
208	212		($5,000,000.00) in any fiscal year for fiscal
209	213		years 2016 through 202 4, Six Million Dollars
210	214		($6,000,000.00) for fiscal year 2025, Six Million
211	215		Five Hundred Thousand Dollars ($6,500,000.00) for
212	216		fiscal year 2026, and Seven Million Five Hundred
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239	244		Thousand Dollars ($7,500,000.00) for fiscal year
240	245		2027 and subsequent fiscal years ,
241	246		(2) forty-four percent (44%) shall be placed to the
242	247		credit of the Oklahoma Tourism Capital
243	248		Improvement Revolving Fund, but in no event shall
244	249		such apportionment exceed Nine Million Dollars
245	250		($9,000,000.00) in any for the fiscal year ending
246	251		June 30, 2023. For the fiscal year be ginning
247	252		July 1, 2023, and each subsequent fiscal year
248	253		thereafter, the maximum amount of such
249	254		apportionment shall not exceed the amount set
250	255		pursuant to subsection B of Section 2205 of Title
251	256		74 of the Oklahoma Statutes, and
252	257		(3) thirty-two percent (32%) shall be placed to the
253	258		credit of the Oklahoma Route 66 Commission
254	259		Revolving Fund, but in no event shall such
255	260		apportionment exceed Six Million Six Hundred
256	261		Thousand Dollars ($6,600,000.00) in any fiscal
257	262		year, and
258	263		b. any amounts which exceed the limitations of
259	264		subparagraph a of this paragraph shall be placed to
260	265		the credit of the General Revenue Fund; and
261	266		5. For the fiscal year beginning July 1, 2015, and for each
262	267		fiscal year thereafter, six one-hundredths percent (0.06%) shall be
263	268
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289	295		placed to the credit of the Oklahoma Historical Society Capital
290	296		Improvement and Operations Revolving Fund, but in no event shall
291	297		such apportionment exceed the total amount apportioned pursuant to
292	298		this paragraph for the fiscal year ending on June 30, 2015. Any
293	299		amounts which exceed the limitations of this paragraph shall be
294	300		placed to the credit of the General Revenue Fund.
295	301		B. Provided, for the fiscal year beginning July 1, 2007, and
296	302		every fiscal year thereafter, an amount of revenue shall be
297	303		apportioned to each municipality or county which levies a sales tax
298	304		subject to the provisions of Section 1357.10 of this title and
299	305		subsection F of Section 2701 of this title equal to the amount of
300	306		sales tax revenue of such municipality or county exempted by the
301	307		provisions of Section 1357.10 of this title and subsection F of
302	308		Section 2701 of this title. The Oklahoma Tax Commission shall
303	309		promulgate and adopt rules necessary to implement the provisions of
304	310		this subsection.
305	311		C. From the monies that would otherwise be apportioned to the
306	312		General Revenue Fund pursuant to subsection A of this section, there
307	313		shall be apportioned the following amounts:
308	314		1. For the month ending August 31, 2019:
309	315		a. Nine Million Six Hundred Thousand Dollars
310	316		($9,600,000.00) to the credit of the State Highway
311	317		Construction and Maintenance Fund created in Section
312	318		1501 of Title 69 of the Oklahoma Statutes, and
313	319
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339	346		b. Two Million Dollars ($2,000,000.00) to the credit of
340	347		the Oklahoma Railroad Maintenance Revolving Fund
341	348		created in Section 309 of Title 66 of the Oklahoma
342	349		Statutes;
343	350		2. For the month ending September 30, 2019:
344	351		a. Twenty Million Dollars ($20,000,000.00) to the credit
345	352		of the State Highway Construction and Maintenance Fund
346	353		created in Section 1501 of Title 69 of the Oklahoma
347	354		Statutes, and
348	355		b. Two Million Dollars ($2,000,000.00) to the credit of
349	356		the Oklahoma Railroad Maintenance Revolving Fund
350	357		created in Section 309 of Title 66 of the Oklahoma
351	358		Statutes;
352	359		3. For the month ending October 31, 2019:
353	360		a. Twenty Million Dollars ($20,000,000.00) to the credit
354	361		of the State Highway Construction and Maintenance Fund
355	362		created in Section 1501 of Title 69 of the Oklahoma
356	363		Statutes, and
357	364		b. Two Million Dollars ($2,000,000.00) to the credit of
358	365		the Oklahoma Railroad Maintenance Revolving Fund
359	366		created in Section 309 of Title 66 of the Oklahoma
360	367		Statutes;
361	368		4. For the month ending November 30, 2019:
362	369
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388	396		a. Twenty Million Dollars ($20,000,000.00) to the credit
389	397		of the State Highway Construction and Maintenance Fund
390	398		created in Section 1501 of Title 69 of the Oklahoma
391	399		Statutes, and
392	400		b. Two Million Dollars ($2,000,000.00) to the credit of
393	401		the Oklahoma Railroad Maintenance Revolving Fund
394	402		created in Section 309 of Title 66 of the Oklahoma
395	403		Statutes; and
396	404		5. For the month ending December 31, 2019:
397	405		a. Twenty Million Dollars ($20,000,000.00) to the credit
398	406		of the State Highway Construction and Maintenance Fund
399	407		created in Section 1501 of Title 69 of the Oklahoma
400	408		Statutes, and
401	409		b. Two Million Dollars ($2,000,000.00) to the credit of
402	410		the Oklahoma Railroad Maintenance Revolving Fund
403	411		created in Section 309 of Title 66 of the Oklahoma
404	412		Statutes.
405	413		D. For fiscal year 2023, and each subsequent fiscal year,
406	414		before any other apportionment otherwise required by this section is
407	415		made to the General Revenue Fund, there shall be apportioned to the
408	416		State Public Common School Building Equalization Fund an amount, if
409	417		any, as required pursuant to Section 3-104 of Title 70 of the
410	418		Oklahoma Statutes, not to exceed the state sales tax generated by
411	419
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437	446		medical marijuana sales in the preceding fiscal year as reported by
438	447		the Oklahoma Tax Commission.
439	448		SECTION 2. AMENDATORY 68 O.S. 2021, Section 1403, is
440	449		amended to read as follows:
441	450		Section 1403. A. It is hereby declared to be the purpose of
442	451		Section 1401 et seq. of this title to provide for the support of the
443	452		functions of the state and local government of Oklahoma ; and for
444	453		this purpose and to this end, it is hereby expressly provided that
445	454		the revenues derived hereunder, subject to the apportionment
446	455		provided in subsection B of this section and to the apportionment
447	456		requirements for the Oklahoma Tax Commission and Off ice of
448	457		Management and Enterprise Services Joint Computer Enhancement Fund
449	458		provided by Section 265 of this title, are hereby apportioned as
450	459		follows:
451	460		1. The following amounts shall be paid by the Tax Commission to
452	461		the State Treasurer and placed to the credi t of the General Revenue
453	462		Fund to be paid out pursua nt to direct appropriation by the
454	463		Legislature:
455	464		Fiscal Year Amount
456	465		FY 2004 85.35%
457	466		FY 2005 85.14%
458	467		FY 2006 85.54%
459	468		FY 2007 85.04%
460	469		FY 2008 through FY 2022 83.61%
461	470
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487	497		FY 2023 through FY 2027 83.36%
488	498		FY 2028 and each fiscal year thereafter 83.61%;
489	499		2. The following amounts shall be paid to the State Treasurer
490	500		to be placed to the credit of the Education Reform Revolving Fund of
491	501		the State Department of Education:
492	502		a. for FY 2020, ten and forty -six one-hundredths percent
493	503		(10.46%),
494	504		b. for FY 2021:
495	505		(1) for the month beginnin g July 1, 2020, through the
496	506		month ending August 31, 2020, ten and forty-six
497	507		one-hundredths percent (10.46%), and
498	508		(2) for the month beginning September 1, 2020,
499	509		through the month ending June 30, 2021, eleve n
500	510		and ninety-six one-hundredths percent (11.96%),
501	511		and
502	512		c. for FY 2022 and each fiscal year ther eafter, ten and
503	513		forty-six one-hundredths percent (10.46%);
504	514		3. The following amounts shall be paid to the State Treasurer
505	515		to be placed to the credit of the Teache rs' Retirement System
506	516		Dedicated Revenue Revolving F und:
507	517		Fiscal Year Amount
508	518		FY 2003 and FY 2004 3.54%
509	519		FY 2005 3.75%
510	520		FY 2006 4.0%
511	521
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537	548		FY 2007 4.5%
538	549		FY 2008 through FY 2020 5.0%
539	550		FY 2021:
540	551		a. for the month beginning July
541	552		1, 2020, through the month
542	553		ending August 31, 2020 5.0%
543	554		b. for the month beginning
544	555		September 1, 2020, through
545	556		the month ending June 30,
546	557		2021 3.5%
547	558		FY 2022 5.0%
548	559		FY 2023 through FY 2027 5.25%
549	560		FY 2028 and each fiscal year thereafter 5.0%;
550	561		4. a. except as otherwise provided in subparagraph b of this
551	562		paragraph, for the fiscal year beginning July 1, 2015,
552	563		and for each fiscal year thereafter, eighty -seven one-
553	564		hundredths percent (0.87%) shall be paid to the State
554	565		Treasurer to be further apportioned as follows:
555	566		(1) thirty-six percent (36%) shall be placed to t he
556	567		credit of the Oklahoma Tourism Promotion
557	568		Revolving Fund, but in no event shall such
558	569		apportionment exceed the total amount apportioned
559	570		pursuant to this division for the fiscal year
560	571		ending on June 30, 2015, and
561	572
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587	599		(2) sixty-four percent (64%) shall be place d to the
588	600		credit of the Oklahoma Tourism Capital
589	601		Improvement Revolving Fund, but in no event for
590	602		the fiscal year ending June 30, 2023, shall such
591	603		apportionment exceed the total amount apportioned
592	604		pursuant to this division for the fiscal year
593	605		ending on June 30, 2015. For the fiscal year
594	606		beginning July 1, 2023, and each subsequent
595	607		fiscal year thereafter, the maximum amount of
596	608		such apportionment shall not exceed the amount
597	609		set pursuant to subsection B of Section 2205 of
598	610		Title 74 of the Oklahoma Statute s, and
599	611		b. any amounts which exceed the limitations of
600	612		subparagraph a of this paragraph shall be placed t o
601	613		the credit of the General Revenue Fund; and
602	614		5. For the fiscal year beginning July 1, 2015, and for each
603	615		fiscal year thereafter, six one -hundredths percent (0.0 6%) shall be
604	616		placed to the credit of the Oklahoma Historical Society Capital
605	617		Improvement and Operations Revolving Fund, but in no event shall
606	618		such apportionment exceed the total amount apportioned pursuant to
607	619		this paragraph for the fiscal year ending on Ju ne 30, 2015. Any
608	620		amounts which exceed the limita tions of this paragraph shall be
609	621		placed to the credit of the General Revenue Fund.
610	622
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635	648
636	649		B. Prior to the apportionments otherwise provided in this
637	650		section, there shall be apportioned to the Education Reform
638	651		Revolving Fund of the State Department of Education th e following
639	652		amounts in the following state fi scal years:
640	653		FY 2019 $19,600,000.00; and
641	654		FY 2020 and each year thereafter $20,500,000.00.
642	655		SECTION 3. AMENDATORY 74 O.S. 2021, Section 220 5, is
643	656		amended to read as follows:
644	657		Section 2205. A. The Commission shall prepare and su bmit to
645	658		the Governor and to the Legislature on the first day of each
646	659		legislative session a report of the activities of the Department,
647	660		together with all information and data in the possession of the
648	661		Department as the Co mmission shall deem of value to the Governor,
649	662		the Legislature and the people of the State of Oklahoma this state.
650	663		Each report may contain recommendations for legislation as the
651	664		Commission may deem necessa ry to give full effect to all the
652	665		provisions of the Oklahoma Tourism, Parks and Recreation Enhancement
653	666		Act. Each report shall also contain the most recent asset valuation
654	667		and recommended maximum apportionment required pursuant to
655	668		subsection B of this sect ion.
656	669		B. Every third calendar year, the Commission shall conduct a
657	670		valuation of the assets under the custody or control of the
658	671		Commission.
659	672
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685	699		1. The valuation shall be performed by an ind ependent third
686	700		party and shall be completed by the second Tuesday of Se ptember.
687	701		2. The most recent asset valuation shall be included in the
688	702		submissions required pursuant to Section 34.36 of Title 62 of the
689	703		Oklahoma Statutes.
690	704		3. The asset valuation shall include, but not be limited to,
691	705		the most recently assessed value of the asset, the recommended
692	706		annual preventative mainten ance costs, estimated replacement costs,
693	707		recommended replacement date, and any current outstanding capital
694	708		projects and deferred maintenance.
695	709		4. The asset valuation shall al so include the recommended
696	710		amount of annual funding to support the assets and the recommended
697	711		annual maximum apportionments to the Oklahoma Tourism Capital
698	712		Improvement Revolving Fund pursuant to Section s 1353 and 1403 of
699	713		Title 68 of the Oklahoma Statutes.
700	714		C. 1. The annual maximum appo rtionments recommended pursuant
701	715		to subsection B of this section shall become effective the following
702	716		fiscal year unless such maximu m apportionment is r ejected or amended
703	717		by law passed by a majority of each house of the Legislature.
704	718		2. If the Governor vetoes such a law, the procedure shall be
705	719		the same as for the veto of any other bill or joint resolution.
706	720		3. The Commission shall provide to the Oklahoma Tax Commission
707	721		the annual maximum apportionment s determined pursuant to this
708	722		section by July 1 of the app licable fiscal year.
709	723
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734	749
735		-	SECTION 4. This act shall become effective N ovember 1, 2023."
736		-	Passed the House of Representatives the 20th day of April, 2023.
	750	+	SECTION 4. This act shall become effective November 1, 2023.
737	751
738		-
739		-
740		-
741		-
742		-	Presiding Officer of the House of
743		-	Representatives
744		-
745		-
746		-	Passed the Senate the ____ day of _______ ___, 2023.
747		-
748		-
749		-
750		-
751		-
752		-	Presiding Officer of the Senate
753		-
754		-
755		-	ENGR. S. B. NO. 314 Page 1 1
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780		-	ENGROSSED SENATE
781		-	BILL NO. 314 By: Coleman and Bergstrom of
782		-	the Senate
783		-
784		-	and
785		-
786		-	Moore of the House
787		-
788		-
789		-
790		-
791		-
792		-	[ sales tax code - apportionment of revenues - limit
793		-	- effective date ]
794		-
795		-
796		-
797		-
798		-	BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
799		-	SECTION 5. AMENDATORY 68 O.S. 2021, Section 1353, as
800		-	last amended by Section 3, Chapter 412, O.S.L. 2022 (68 O.S. Supp.
801		-	2022, Section 1353), is amended to read as fo llows:
802		-	Section 1353. A. It is hereby declared to be the purpose of
803		-	the Oklahoma Sales Tax Code to provide funds for the financing of
804		-	the program provided for by the Oklahoma Social Security Act and to
805		-	provide revenues for the support of the functions of the state
806		-	government of Oklahoma, and for this purpose it is hereby expressly
807		-	provided that, revenues derived pursuant to the provis ions of the
808		-	Oklahoma Sales Tax Code, subject to the apportionment requirements
809		-	for the Oklahoma Tax Commission and Office of Management and
810		-	Enterprise Services Joint Computer Enhancement Fund provided by
811		-	Section 265 of this title, shall be apportioned as f ollows:
812		-
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837		-
838		-	1. Except as provided in subsections C and D of this section,
839		-	the following amounts shall be paid to the State Treasurer to be
840		-	placed to the credit of the General Revenue Fund to be paid out
841		-	pursuant to direct appropriation by the Legislature:
842		-	Fiscal Year Amount
843		-	FY 2003 and FY 2004 86.04%
844		-	FY 2005 85.83%
845		-	FY 2006 85.54%
846		-	FY 2007 85.04%
847		-	FY 2008 through FY 2022 83.61%
848		-	FY 2023 through FY 2027 83.36%
849		-	FY 2028 and each fiscal year thereafter 83.61%;
850		-	2. The following amounts shall be paid to the State Treas urer
851		-	to be placed to the credit of the Education Reform Revolving Fund of
852		-	the State Department of Education:
853		-	a. for FY 2003, FY 2004 and FY 2005, ten and forty-two
854		-	one-hundredths percent (10.42%),
855		-	b. for FY 2006 through FY 2020, ten and forty -six one-
856		-	hundredths percent (10.46%),
857		-	c. for FY 2021:
858		-	(1) for the month beginning July 1, 2020, through the
859		-	month ending August 31, 2020, ten and forty-six
860		-	one-hundredths percent (10.46%), and
861		-
862		-	ENGR. S. B. NO. 314 Page 3 1
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886		-
887		-	(2) for the month beginning September 1, 2020,
888		-	through the month ending June 30, 2021, eleven
889		-	and ninety-six one-hundredths percent (11.96%),
890		-	and
891		-	d. for FY 2022 and each fiscal year thereafter, ten and
892		-	forty-six one-hundredths percent (10.46%);
893		-	3. The following amounts shall be paid to the State Treasurer
894		-	to be placed to the credit of the Teachers’ Retirement System
895		-	Dedicated Revenue Revolving Fund:
896		-	Fiscal Year Amount
897		-	FY 2003 and FY 2004 3.54%
898		-	FY 2005 3.75%
899		-	FY 2006 4.0%
900		-	FY 2007 4.5%
901		-	FY 2008 through FY 2020 5.0%
902		-	FY 2021:
903		-	a. for the month beginning July
904		-	1, 2020, through the month
905		-	ending August 31, 2020 5.0%
906		-	b. for the month beginning
907		-	September 1, 2020, through
908		-	the month ending June 30,
909		-	2021 3.5%
910		-	FY 2022 5.0%
911		-
912		-	ENGR. S. B. NO. 314 Page 4 1
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936		-
937		-	FY 2023 through FY 2027 5.25%
938		-	FY 2028 and each fiscal year therea fter 5.0%;
939		-	4. a. except as otherwise provided in subparagraph b of this
940		-	paragraph, for the fiscal year beginning July 1, 2022,
941		-	and for each fiscal year thereafter, eighty-seven one-
942		-	hundredths percent (0.87%) shall be paid to the State
943		-	Treasurer to be further apportioned as follows:
944		-	(1) twenty-four percent (24%) shall be placed to the
945		-	credit of the Oklahoma Tourism Promotion
946		-	Revolving Fund, but in no event shall such
947		-	apportionment exceed Five Million Dollars
948		-	($5,000,000.00) in any fiscal year for fiscal
949		-	years 2016 through 2024, Six Million Dollars
950		-	($6,000,000.00) for fiscal year 2025, Six Million
951		-	Five Hundred Thousand Dollars ( $6,500,000.00) for
952		-	fiscal year 2026, and Seven Million Five Hun dred
953		-	Thousand Dollars ($7,500,000.00) for fiscal year
954		-	2027 and subsequent fiscal years,
955		-	(2) forty-four percent (44%) shall be placed to the
956		-	credit of the Oklahoma Tourism Capital
957		-	Improvement Revolving Fund, but in no event shall
958		-	such apportionment exceed Nine Million Dollars
959		-	($9,000,000.00) in any fiscal year, and
960		-
961		-	ENGR. S. B. NO. 314 Page 5 1
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985		-
986		-	(3) thirty-two percent (32%) shall be placed to the
987		-	credit of the Oklahoma Route 66 Commission
988		-	Revolving Fund, but in no event shall such
989		-	apportionment exceed Six Million Six Hundred
990		-	Thousand Dollars ($6,600,000.00) in any fiscal
991		-	year, and
992		-	b. any amounts which exceed the limitations of
993		-	subparagraph a of this paragraph shall be placed to
994		-	the credit of the General Rev enue Fund; and
995		-	5. For the fiscal year beginning July 1, 2015, and for each
996		-	fiscal year thereafter, six one-hundredths percent (0.06%) shall be
997		-	placed to the credit of the Oklahoma Historical Society Capital
998		-	Improvement and Operations Revolving Fund, but in no event shall
999		-	such apportionment exceed the total amount apportioned pursuant to
1000		-	this paragraph for the fiscal year ending on June 30, 2015. Any
1001		-	amounts which exceed the limitations of this paragraph shall be
1002		-	placed to the credit of the General Revenu e Fund.
1003		-	B. Provided, for the fiscal year beginning July 1, 2007, and
1004		-	every fiscal year thereafter, an amount of revenue shall be
1005		-	apportioned to each municipality or county which levies a sales tax
1006		-	subject to the provisions of Section 1357.10 of this titl e and
1007		-	subsection F of Section 2701 of this title equal to the amount of
1008		-	sales tax revenue of such municipality or county exempted by the
1009		-	provisions of Section 1357.10 of this title and subsection F of
1010		-
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1035		-
1036		-	Section 2701 of this title. The Oklahoma Tax Commissio n shall
1037		-	promulgate and adopt rules necessary to implement the provisions of
1038		-	this subsection.
1039		-	C. From the monies that would otherwise be apportioned to the
1040		-	General Revenue Fund pursuant to subsection A of this section, there
1041		-	shall be apportioned the follo wing amounts:
1042		-	1. For the month ending August 31, 2019:
1043		-	a. Nine Million Six Hundred Thousand Dollars
1044		-	($9,600,000.00) to the credit of the State Highway
1045		-	Construction and Maintenance Fund created in Section
1046		-	1501 of Title 69 of the Oklahoma Statutes, and
1047		-	b. Two Million Dollars ($2,000,000.00) to the credit of
1048		-	the Oklahoma Railroad Maintenance Revolving Fund
1049		-	created in Section 309 of Title 66 of the Oklahoma
1050		-	Statutes;
1051		-	2. For the month ending September 30, 2019:
1052		-	a. Twenty Million Dollars ($20,000,000.00) t o the credit
1053		-	of the State Highway Construction and Maintenance Fund
1054		-	created in Section 1501 of Title 69 of the Oklahoma
1055		-	Statutes, and
1056		-	b. Two Million Dollars ($2,000,000.00) to the credit of
1057		-	the Oklahoma Railroad Maintenance Revolving Fund
1058		-	created in Section 309 of Title 66 of the Oklahoma
1059		-	Statutes;
1060		-
1061		-	ENGR. S. B. NO. 314 Page 7 1
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1085		-
1086		-	3. For the month ending October 31, 2019:
1087		-	a. Twenty Million Dollars ($20,000,000.00) to the credit
1088		-	of the State Highway Construction and Maintenance Fund
1089		-	created in Section 1501 of Title 69 of the Oklahoma
1090		-	Statutes, and
1091		-	b. Two Million Dollars ($2,000,000.00) to the credit of
1092		-	the Oklahoma Railroad Maintenance Revolving Fund
1093		-	created in Section 309 of Title 66 of the Oklahoma
1094		-	Statutes;
1095		-	4. For the month ending November 30, 2019:
1096		-	a. Twenty Million Dollars ($20,000,000.00) to the credit
1097		-	of the State Highway Construction and Maintenance Fund
1098		-	created in Section 1501 of Title 69 of the Oklahoma
1099		-	Statutes, and
1100		-	b. Two Million Dollars ($2,000,000.00) to the credit of
1101		-	the Oklahoma Railroad Maintenance Revolving Fund
1102		-	created in Section 309 of Title 66 of the Oklahoma
1103		-	Statutes; and
1104		-	5. For the month ending December 31, 2019:
1105		-	a. Twenty Million Dollars ($20,000,000.00) to the credit
1106		-	of the State Highway Construction and Maintenance Fund
1107		-	created in Section 1501 of Title 69 of the Oklahoma
1108		-	Statutes, and
1109		-
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1134		-
1135		-	b. Two Million Dollars ($2,000,000.00) to the credit of
1136		-	the Oklahoma Railroad Maintenance Revolving Fund
1137		-	created in Section 309 of Title 66 of the Oklahoma
1138		-	Statutes.
1139		-	D. For fiscal year 2023, and each subsequent fiscal year,
1140		-	before any other apportionment otherwise required by this section is
1141		-	made to the General Revenue Fund, there shall be apportioned to the
1142		-	State Public Common School Building Equalization Fund an amount, if
1143		-	any, as required pursuant to Section 3-104 of Title 70 of the
1144		-	Oklahoma Statutes, not to exceed the state sales tax generated by
1145		-	medical marijuana sales in the preceding fiscal year as reported by
1146		-	the Oklahoma Tax Commission.
1147		-	SECTION 6. This act shall become effective November 1, 2023.
1148		-	Passed the Senate the 23rd day of March, 2023.
1149		-
1150		-
1151		-
1152		-	Presiding Officer of the Senate
1153		-
1154		-
1155		-	Passed the House of Representatives the ____ day of __________,
1156		-	2023.
1157		-
1158		-
1159		-
1160		-	Presiding Officer of the House
1161		-	of Representatives
1162		-
1163		-
	752	+	COMMITTEE REPORT BY: COMMITTEE ON APPROPRIATIONS AND BUDGET , dated
	753	+	04/17/2023 - DO PASS, As Amended and Coauthored.