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28 | + | STATE OF OKLAHOMA | |
29 | + | ||
30 | + | 2nd Session of the 59th Legislature (2024) | |
31 | + | ||
32 | + | CONFERENCE COMMITTEE SUBSTITUTE | |
33 | + | FOR ENGROSSED | |
34 | + | SENATE BILL 1399 By: Hall of the Senate | |
35 | + | ||
36 | + | and | |
37 | + | ||
38 | + | McBride, Wallace, and Deck | |
39 | + | of the House | |
1 | 40 | ||
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3 | 42 | ||
4 | - | An Act | |
5 | - | ENROLLED SENATE | |
6 | - | BILL NO. 1399 By: Hall and Kirt of the Senate | |
7 | 43 | ||
8 | - | and | |
9 | - | ||
10 | - | McBride, Wallace, Deck, | |
11 | - | Munson, and Hefner of the | |
12 | - | House | |
13 | - | ||
14 | - | ||
44 | + | CONFERENCE COMMITTEE SUBSTITUTE | |
15 | 45 | ||
16 | 46 | An Act relating to state property; creating the | |
17 | 47 | Oklahoma Capital Assets Maintenance and Protection | |
18 | 48 | Act; providing short title; creating the Oklahoma | |
19 | 49 | Capital Assets Maintenance and Protection Fund; | |
20 | 50 | establishing revolving fund characteristics; | |
21 | 51 | authorizing and limi ting allocation, budgeting, and | |
22 | 52 | expenditure of funds; requiring certain budgeting and | |
23 | 53 | expenditure procedures; authorizing entry in to | |
24 | 54 | memoranda of understanding; limiting memoranda of | |
25 | 55 | understanding; clarifying legal application; | |
26 | 56 | authorizing certain authority re lated to real and | |
27 | 57 | personal property acquisition, improvement, and | |
28 | 58 | disposition; requiring certain reporting; | |
29 | 59 | establishing reporting criteria; limiting allocation | |
30 | 60 | for certain fiscal year; creating the Oklahoma | |
31 | 61 | Capital Assets Management and Protection Boa rd; | |
32 | 62 | providing for membership; establishing appointing | |
33 | 63 | authorities; providing for selection of Board | |
34 | 64 | leadership; providing for the development and | |
35 | 65 | adoption of the OCAMP Higher Education Five -Year | |
36 | 66 | Plan, the OCAMP Tourism and Recreation Five -Year | |
37 | 67 | Plan, and the OCAMP State Five-Year Plan; allocating | |
38 | 68 | monetary resources to such plans in certain | |
39 | 69 | proportions; requiring biennial update of plans by | |
40 | 70 | Board; requiring submission of certain reports | |
41 | 71 | electronically; providing for administrative | |
42 | 72 | assistance from the Office o f Management and | |
43 | 73 | Enterprise Services and the Oklahoma Capitol | |
44 | 74 | Improvement Authority; authorizing and limiting the | |
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45 | 101 | utilization of funds directed by the Board; amending | |
46 | 102 | 68 O.S. 2021, Section 1353, as last amended by | |
47 | - | ||
48 | - | ENR. S. B. NO. 1399 Page 2 | |
49 | 103 | Section 2, Chapter 290, O.S.L. 2023 (68 O.S. S upp. | |
50 | 104 | 2023, Section 1353), which relates to apportionment | |
51 | 105 | of sales tax revenues; providing for certain annual | |
52 | 106 | apportionment to the Oklahoma Capital Assets | |
53 | 107 | Maintenance and Protection Fund; providing for | |
54 | 108 | noncodification; providing for codification; | |
55 | 109 | providing an effective date; and declaring an | |
56 | 110 | emergency. | |
57 | 111 | ||
58 | 112 | ||
59 | 113 | ||
60 | - | SUBJECT: Oklahoma Capital Assets Maintenance and Protection Act | |
61 | 114 | ||
62 | 115 | BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: | |
63 | - | ||
64 | 116 | SECTION 1. NEW LAW A new section of law not to be | |
65 | 117 | codified in the Oklahoma Statutes reads as follows: | |
66 | - | ||
67 | 118 | This act shall be known and may be cited as the “Oklahoma | |
68 | 119 | Capital Assets Maintenance and Protection Act ”. | |
69 | - | ||
70 | 120 | SECTION 2. NEW LAW A new section of law to be codified | |
71 | 121 | in the Oklahoma Statutes as Section 188B of Title 73, unless there | |
72 | 122 | is created a duplication in numbering, reads as follows: | |
73 | - | ||
74 | 123 | A. There is hereby created in the State Treasury a revolving | |
75 | 124 | fund for the Oklahoma Capito l Improvement Authority to be designated | |
76 | 125 | the “Oklahoma Capital Assets Maintenance and Protection Fund ” (OCAMP | |
77 | 126 | Fund). The fund sha ll be a continuing fund, not subject to fiscal | |
78 | 127 | year limitations, and shall consist of all monies received by the | |
79 | 128 | Oklahoma Capitol Improvement Authority eligible under law and | |
80 | 129 | directed for deposit to the fund. All monies accruing to the credit | |
81 | 130 | of the fund are hereby appropriated and , except for the transfer | |
82 | 131 | required pursuant to Enrolled Senate Bill No. 1125 of the 2nd | |
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83 | 158 | Session of the 59th Oklahoma Legislature, may be allocated, | |
84 | 159 | budgeted, and expended by the Oklahoma Capitol Improvement Authority | |
85 | 160 | as directed by the Oklahoma Capital Assets Management and Protection | |
86 | 161 | Board created in Section 3 of this act. Such allocations, | |
87 | 162 | budgeting, and expenditures shall strictly adhere to the specific | |
88 | 163 | terms, limitations, purposes, and requirements described in the | |
89 | 164 | directive adopted by the Oklahoma Capital Assets Management and | |
90 | 165 | Protection Board. Expenditures from the fund shall be made upon | |
91 | - | ||
92 | - | ENR. S. B. NO. 1399 Page 3 | |
93 | 166 | warrants issued by the State Treasurer against claims filed as | |
94 | 167 | prescribed by law with the Director of the Office of Management and | |
95 | 168 | Enterprise Services for approval and payment. | |
96 | - | ||
97 | 169 | B. The Oklahoma Capitol Improvement Authority shall be | |
98 | 170 | authorized to enter into memoranda of understanding with agencies, | |
99 | 171 | departments, and subdivisions of the state as provided by law and as | |
100 | 172 | deemed necessary by the Authority to administer expenditures from | |
101 | 173 | and allocations and deposits to and from the Oklahoma Capital Assets | |
102 | 174 | Maintenance and Protection Fund, provided that such memoranda of | |
103 | 175 | understanding do not conflict with or impede the administration of | |
104 | 176 | capital projects specifically authorized by law or directed by the | |
105 | 177 | Oklahoma Capital Assets Management and Protection Board. Such | |
106 | 178 | memoranda of understanding shall not constitute a legal obligation | |
107 | 179 | of the State of Oklahoma . | |
108 | 180 | ||
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109 | 206 | C. Limited to the extent required for project s specifically | |
110 | 207 | authorized under the provisions of this act, the Oklahoma Capitol | |
111 | 208 | Improvement Authority shall be authorized to: | |
112 | - | ||
113 | 209 | 1. Acquire real property together with improvements located | |
114 | 210 | thereon and personal property; | |
115 | - | ||
116 | 211 | 2. Provide for the construction of i mprovements to real | |
117 | 212 | property and to provide funding for repairs, refurbishments, | |
118 | 213 | deferred maintenance, and improvements to real and personal | |
119 | 214 | property; | |
120 | - | ||
121 | 215 | 3. Hold title to property and improvements as necessary to | |
122 | 216 | comply with legal directives and authorizatio ns; and | |
123 | - | ||
124 | 217 | 4. Lease, transfer, and otherwise legally dispose of property | |
125 | 218 | and improvements as necessary to comply with legal dire ctives and | |
126 | 219 | authorizations. | |
127 | - | ||
128 | 220 | D. No later than January 15 annually, the Oklahoma Capitol | |
129 | 221 | Improvement Authority shall submit electron ically to the Governor, | |
130 | 222 | the President Pro Tempore of the Senate, the Speaker of the House of | |
131 | 223 | Representatives, the Chair of the Appropriations Committee of the | |
132 | 224 | Senate, and the Chair of the Appropriations and Budget Committee of | |
133 | 225 | the House of Representatives a report detailing impacts to the | |
134 | 226 | balance of the Oklahoma Capital Assets Maintenance and Protection | |
135 | - | ||
136 | - | ENR. S. B. NO. 1399 Page 4 | |
137 | 227 | Fund occurring in the prio r calendar year, including, but not | |
138 | 228 | limited to, all distributions, expenditures, collections, and | |
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139 | 255 | deposits of the Oklahoma Capital Assets Maintenance and Protection | |
140 | 256 | Fund. | |
141 | - | ||
142 | 257 | E. No allocations shall be made by the Oklahoma Capital Assets | |
143 | 258 | Management and Protection Board from the Oklahoma Capital Assets | |
144 | 259 | Maintenance and Protection Fund in fiscal year 2025. Allocations | |
145 | 260 | made by the Board fr om the Fund shall not exceed Seventy -five | |
146 | 261 | Million Dollars ($75,000,000.00) in each fiscal year for fisc al | |
147 | 262 | years 2026 through 2 028. | |
148 | - | ||
149 | 263 | SECTION 3. NEW LAW A new section of law to be codified | |
150 | 264 | in the Oklahoma Statutes as Section 188A of Ti tle 73, unless there | |
151 | 265 | is created a duplication in numbering, reads as follows: | |
152 | - | ||
153 | 266 | A. There is hereby created the Oklahoma Capital Assets | |
154 | 267 | Management and Protection Board (OCAMP Board). The Board shall | |
155 | 268 | develop plans and adopt authorizations directing the Oklah oma | |
156 | 269 | Capitol Improvement Authority on the utilization of Oklahoma Capital | |
157 | 270 | Assets Maintenance and Protect ion Fund monies. | |
158 | - | ||
159 | 271 | B. The Board shall consist of eleven (11) members to be | |
160 | 272 | appointed as follows: | |
161 | - | ||
162 | 273 | 1. Three members appointed by the President Pro Tempore of the | |
163 | 274 | Senate; | |
164 | - | ||
165 | 275 | 2. Three members appointed by the Speaker of the House of | |
166 | 276 | Representatives; | |
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168 | 303 | 3. Three members appointed by the Governor, at least one of | |
169 | 304 | whom shall have no less than ten (10) years of experience in the | |
170 | 305 | construction industry; | |
171 | - | ||
172 | 306 | 4. The Chancellor of Higher Education or a designee; and | |
173 | - | ||
174 | 307 | 5. The Executive Director of the Oklahoma Tourism and | |
175 | 308 | Recreation Department or a de signee. | |
176 | - | ||
177 | 309 | C. The chair and vice chair of the Board shall be elected by | |
178 | 310 | the Board members at the first meeting of the Board and shal l | |
179 | - | ||
180 | - | ENR. S. B. NO. 1399 Page 5 | |
181 | 311 | preside over meetings of the Board and perform other duties as may | |
182 | 312 | be required by the Board. The Board shall elect a chair and vice | |
183 | 313 | chair no less than once a calendar year. | |
184 | - | ||
185 | 314 | D. 1. The Board shall develop and adopt the following five - | |
186 | 315 | year plans to provide for allocations and expenditures of the | |
187 | 316 | Oklahoma Capital Assets Maintenance and Protection Fund as f ollows: | |
188 | - | ||
189 | 317 | a. the OCAMP Higher Education Five-year Plan, for the | |
190 | 318 | maintaining and repairing of state -owned properties | |
191 | 319 | and buildings of public institutions of higher | |
192 | 320 | learning, | |
193 | - | ||
194 | 321 | b. the OCAMP Tourism and Recreation Five -year Plan, for | |
195 | 322 | the maintaining and repairing of properties and | |
196 | 323 | buildings of state parks operated by the Oklahoma | |
197 | 324 | Tourism and Recreation Department, and | |
198 | 325 | ||
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199 | 351 | c. the OCAMP State Five-year Plan, for the ma intaining | |
200 | 352 | and repairing of all state -owned properties and | |
201 | 353 | buildings. | |
202 | - | ||
203 | 354 | 2. For fiscal years 202 6 through 2028, the Board shall allocate | |
204 | 355 | Oklahoma Capital Assets Maintenance and Protection Fund monies to | |
205 | 356 | such five-year plans in the following proportions: | |
206 | - | ||
207 | 357 | a. the OCAMP Higher Education Five -year Plan shall be | |
208 | 358 | allocated forty-five percent (45%) of such monies. | |
209 | 359 | Twenty percent (20%) of those monies allocated shall | |
210 | 360 | be for comprehensive institutions of higher education | |
211 | 361 | within The Oklahoma State System of Higher Educa tion, | |
212 | 362 | fifty percent (50%) for all four-year colleges and | |
213 | 363 | universities except the University of Oklahoma located | |
214 | 364 | in Norman, Oklahoma, and Oklahoma State University | |
215 | 365 | located in Stillwater , Oklahoma, and thirty percent | |
216 | 366 | (30%) for two-year institutions of higher education | |
217 | 367 | within The Oklahoma State System of Higher Education . | |
218 | - | ||
219 | 368 | b. the OCAMP Tourism and Recreation Five -year Plan shall | |
220 | 369 | be allocated ten percent (10%) of such monies, and | |
221 | - | ||
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223 | - | ENR. S. B. NO. 1399 Page 6 | |
224 | 370 | c. the OCAMP State Five-year Plan shall be allocated | |
225 | 371 | forty-five percent (45%) of such monies. | |
226 | - | ||
227 | 372 | E. The Board shall update each five-year plan no less often | |
228 | 373 | than biennially. Upon the adoption of such plans and upon each | |
229 | 374 | update to such plans, a report detailing such plans shall b e | |
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230 | 401 | submitted by electronic means to the Governor, the President Pro | |
231 | 402 | Tempore of the Senate, and the Speaker of the House of | |
232 | 403 | Representatives. | |
233 | - | ||
234 | 404 | F. The Office of Management and Enterprise Services, with the | |
235 | 405 | advice and assistance of the Oklahoma Capitol Improvement Authority, | |
236 | 406 | shall provide staffing for the Board and other such assistance as | |
237 | 407 | the Board may require. | |
238 | - | ||
239 | 408 | G. The Board may direct the Oklahoma Capitol Improvement | |
240 | 409 | Authority to allocate, bu dget, and expend, either directly or under | |
241 | 410 | the terms of memoranda of understanding lawfully entered into with | |
242 | 411 | other state entities , monies from the Oklahoma Capital Assets | |
243 | 412 | Maintenance and Protection Fund on any project or item that has been | |
244 | 413 | included in an applicable five-year plan authorized under the | |
245 | 414 | provisions of this act for no less than one (1) year. | |
246 | - | ||
247 | 415 | SECTION 4. AMENDATORY 68 O.S. 2021, Section 1353, as | |
248 | 416 | last amended by Section 2, Chapter 290, O.S.L. 2023 (68 O.S. Supp. | |
249 | 417 | 2023, Section 1353), is amended to read as follows: | |
250 | - | ||
251 | 418 | Section 1353. A. It is h ereby declared to be the purpose of | |
252 | 419 | the Oklahoma Sales Tax Co de to provide funds for the financing of | |
253 | 420 | the program provided for by the Oklahoma Social Security Act and to | |
254 | 421 | provide revenues for the support of the functions of the state | |
255 | 422 | government of Oklahoma, and for this purpose it is hereby expressly | |
256 | 423 | provided that, revenues derived pursuant to the provisions of the | |
257 | 424 | Oklahoma Sales Tax Code, subject to the apportionment requirements | |
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258 | 451 | for the Oklahoma Tax Commission and Office of Management and | |
259 | 452 | Enterprise Services Joint Computer Enhancement Fund provided by | |
260 | 453 | Section 265 of this title, and further subject to the apportionment | |
261 | 454 | requirement provided in subsection D of this section , shall be | |
262 | 455 | apportioned as follows: | |
263 | - | ||
264 | 456 | 1. Except as provided in subsection C of this section, the | |
265 | 457 | following amounts shall be paid to the State Treasurer to be placed | |
266 | - | ||
267 | - | ENR. S. B. NO. 1399 Page 7 | |
268 | 458 | to the credit of the General Revenue Fund to be paid out pursuant to | |
269 | 459 | direct appropriation by the Legislature: | |
270 | - | ||
271 | 460 | Fiscal Year Amount | |
272 | - | ||
273 | 461 | FY 2003 and FY 2004 86.04% | |
274 | - | ||
275 | 462 | FY 2005 85.83% | |
276 | - | ||
277 | 463 | FY 2006 85.54% | |
278 | - | ||
279 | 464 | FY 2007 85.04% | |
280 | - | ||
281 | 465 | FY 2008 through FY 2022 83.61% | |
282 | - | ||
283 | 466 | FY 2023 through FY 2027 83.36% | |
284 | - | ||
285 | 467 | FY 2028 and each fiscal year thereafter 83.61%; | |
286 | - | ||
287 | 468 | 2. The following amounts shall be paid to the State Treasurer | |
288 | 469 | to be placed to the credit of the Education Reform Revolving Fund of | |
289 | 470 | the State Department of Education: | |
290 | - | ||
291 | 471 | a. for FY 2003, FY 2004 and FY 2005, ten and forty -two | |
292 | 472 | one-hundredths percent (10.42%), | |
293 | - | ||
294 | 473 | b. for FY 2006 through FY 2020, ten and forty -six one- | |
295 | 474 | hundredths percent (10.46%), | |
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297 | 501 | c. for FY 2021: | |
298 | - | ||
299 | 502 | (1) for the month beginning J uly 1, 2020, through the | |
300 | 503 | month ending August 31, 2020, ten an d forty-six | |
301 | 504 | one-hundredths percent (10.46%), and | |
302 | - | ||
303 | 505 | (2) for the month beginning September 1, 2020, | |
304 | 506 | through the month ending June 30, 2021, eleven | |
305 | 507 | and ninety-six one-hundredths percent (11.96%), | |
306 | - | ||
307 | 508 | d. for FY 2022 and each fiscal year thereafter, ten and | |
308 | 509 | forty-six one-hundredths percent (10.46%); | |
309 | - | ||
310 | - | ||
311 | - | ENR. S. B. NO. 1399 Page 8 | |
312 | 510 | 3. The following amounts shall be paid to the State Treasurer | |
313 | 511 | to be placed to the credit of the Teachers’ Retirement System | |
314 | 512 | Dedicated Revenue Revolving Fund: | |
315 | - | ||
316 | 513 | Fiscal Year Amount | |
317 | - | ||
318 | 514 | FY 2003 and FY 2004 3.54% | |
319 | - | ||
320 | 515 | FY 2005 3.75% | |
321 | - | ||
322 | 516 | FY 2006 4.0% | |
323 | - | ||
324 | 517 | FY 2007 4.5% | |
325 | - | ||
326 | 518 | FY 2008 through FY 2020 5.0% | |
327 | - | ||
328 | 519 | FY 2021: | |
329 | - | ||
330 | 520 | a. for the month beginning July | |
331 | 521 | 1, 2020, through the month | |
332 | 522 | ending August 31, 2020 5.0% | |
333 | - | ||
334 | 523 | b. for the month beginning | |
335 | 524 | September 1, 2020, through | |
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336 | 551 | the month ending June 30, | |
337 | 552 | 2021 3.5% | |
338 | - | ||
339 | 553 | FY 2022 5.0% | |
340 | - | ||
341 | 554 | FY 2023 through FY 2027 5.25% | |
342 | - | ||
343 | 555 | FY 2028 and each fiscal year thereafter 5.0%; | |
344 | - | ||
345 | 556 | 4. a. except as otherwise provided in subparagraph b of this | |
346 | 557 | paragraph, for the fiscal year beginning July 1, 2022, | |
347 | 558 | and for each fiscal year thereafter, eighty -seven one- | |
348 | 559 | hundredths percent (0.87%) shall be paid to the State | |
349 | 560 | Treasurer to be further apportioned as follows: | |
350 | - | ||
351 | 561 | (1) twenty-four percent (24%) shall be placed to the | |
352 | 562 | credit of the Oklahoma Tourism Promotion | |
353 | 563 | Revolving Fund, but in no event shall such | |
354 | - | ||
355 | - | ENR. S. B. NO. 1399 Page 9 | |
356 | 564 | apportionment exceed Five Million Dollars | |
357 | 565 | ($5,000,000.00) in any fiscal year, | |
358 | - | ||
359 | 566 | (2) forty-four percent (44%) shall be placed to the | |
360 | 567 | credit of the Oklahoma Touris m Capital | |
361 | 568 | Improvement Revolving Fund, but in no event shall | |
362 | 569 | such apportionment exceed Nine Million Dollars | |
363 | 570 | ($9,000,000.00) in any fiscal year, and | |
364 | - | ||
365 | 571 | (3) thirty-two percent (32%) shall be placed to the | |
366 | 572 | credit of the Oklahoma Route 66 Commission | |
367 | 573 | Revolving Fund, but in no event shall such | |
368 | 574 | apportionment exceed Six Million Six Hundred | |
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369 | 601 | Thousand Dollars ($6,600,000.00) in any fiscal | |
370 | 602 | year, and | |
371 | - | ||
372 | 603 | b. any amounts which exceed the limitations of | |
373 | 604 | subparagraph a of this paragraph shall be placed to | |
374 | 605 | the credit of the General Revenue Fund; and | |
375 | - | ||
376 | 606 | 5. For the fiscal year beginning July 1, 2015, and for each | |
377 | 607 | fiscal year thereafter, six one -hundredths percent (0.06%) shall be | |
378 | 608 | placed to the credit of the Oklahoma Historical Society Capital | |
379 | 609 | Improvement and Operations Revolving Fund, but in no event shall | |
380 | 610 | such apportionment exceed the total amount apportioned pursuant to | |
381 | 611 | this paragraph for the fiscal year ending o n June 30, 2015. Any | |
382 | 612 | amounts which exceed the limitations of this paragraph shall be | |
383 | 613 | placed to the credit of the General Reve nue Fund. | |
384 | - | ||
385 | 614 | B. Provided, for the fiscal year beginning July 1, 2007, a nd | |
386 | 615 | every fiscal year thereafter, an amount of revenue shall b e | |
387 | 616 | apportioned to each municipality or county which levies a sales tax | |
388 | 617 | subject to the provisions of Section 1357.10 of this title and | |
389 | 618 | subsection F of Section 2701 of this title equal to the amount of | |
390 | 619 | sales tax revenue of such municipality or county exempted by the | |
391 | 620 | provisions of Section 1357.10 of this title and subsection F of | |
392 | 621 | Section 2701 of this title. The Oklahoma Tax Commissi on shall | |
393 | 622 | promulgate and adopt rules necessary to implement the provis ions of | |
394 | 623 | this subsection. | |
395 | 624 | ||
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397 | - | ENR. S. B. NO. 1399 Page 10 | |
398 | 650 | C. From the monies that would other wise be apportioned to the | |
399 | 651 | General Revenue Fund pursuant to subsection A of this section, there | |
400 | 652 | shall be apportioned the following amounts: | |
401 | - | ||
402 | 653 | 1. For the month ending August 31, 2019: | |
403 | - | ||
404 | 654 | a. Nine Million Six Hundred Thousand Dollars | |
405 | 655 | ($9,600,000.00) to the credit of the State Highway | |
406 | 656 | Construction and Maintenance Fund created in Section | |
407 | 657 | 1501 of Title 69 of the Oklahoma Statutes, and | |
408 | - | ||
409 | 658 | b. Two Million Dollars ($2,000,000.00) to the credit of | |
410 | 659 | the Oklahoma Railroad Maintenance Revolving Fund | |
411 | 660 | created in Section 309 of Tit le 66 of the Oklahoma | |
412 | 661 | Statutes; | |
413 | - | ||
414 | 662 | 2. For the month ending September 30, 2019: | |
415 | - | ||
416 | 663 | a. Twenty Million Dollars ($20,000,000.00) to the credit | |
417 | 664 | of the State Highway Construction and Maintenance Fund | |
418 | 665 | created in Section 1501 of Title 69 of the Oklahoma | |
419 | 666 | Statutes, and | |
420 | - | ||
421 | 667 | b. Two Million Dollars ($2,000,000.00) to the credit of | |
422 | 668 | the Oklahoma Railroad Maintenance Revolving Fund | |
423 | 669 | created in Section 309 of Title 66 of the Oklahoma | |
424 | 670 | Statutes; | |
671 | + | 3. For the month ending Octob er 31, 2019: | |
672 | + | a. Twenty Million Dollars ($20,000,000.00) to th e credit | |
673 | + | of the State Highway Construction and Maintenance Fund | |
425 | 674 | ||
426 | - | 3. For the month ending October 31, 2019: | |
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700 | + | created in Section 1501 of Title 69 of the Oklahoma | |
701 | + | Statutes, and | |
702 | + | b. Two Million Dollars ($2,000,000.00) to the credit of | |
703 | + | the Oklahoma Railroad Maintenance Revolving Fund | |
704 | + | created in Section 30 9 of Title 66 of the Oklahoma | |
705 | + | Statutes; | |
706 | + | 4. For the month ending November 30, 2019: | |
428 | 707 | a. Twenty Million Dollars ($20,000,000.00) to the credit | |
429 | 708 | of the State Highway Construction and Maintenance Fund | |
430 | 709 | created in Section 1501 of Title 69 of the Oklahoma | |
431 | 710 | Statutes, and | |
432 | - | ||
433 | 711 | b. Two Million Dollars ($2,000,000.00) to the credit of | |
434 | 712 | the Oklahoma Railroad Maintenance Revolving Fund | |
435 | 713 | created in Section 309 of Title 66 of the Oklahoma | |
436 | - | Statutes; | |
437 | - | ||
438 | - | 4. For the month ending November 30, 2019: | |
439 | - | ||
440 | - | ||
441 | - | ENR. S. B. NO. 1399 Page 11 | |
714 | + | Statutes; and | |
715 | + | 5. For the month ending December 31, 2019: | |
442 | 716 | a. Twenty Million Dollars ($20,000,0 00.00) to the credit | |
443 | 717 | of the State Highway Construction and Maintenance Fund | |
444 | 718 | created in Section 1501 of Title 69 of the Oklahom a | |
445 | 719 | Statutes, and | |
446 | - | ||
447 | - | b. Two Million Dollars ($2,000,000.00) to the credit of | |
448 | - | the Oklahoma Railroad Maintenance Revolving Fund | |
449 | - | created in Section 309 of Title 66 of the Oklahoma | |
450 | - | Statutes; and | |
451 | - | ||
452 | - | 5. For the month ending December 31, 2019: | |
453 | - | ||
454 | - | a. Twenty Million Dollars ($20,000,000.00) to the credit | |
455 | - | of the State Highway Construction and Maintenance Fund | |
456 | - | created in Section 1501 of Title 69 of the Oklahoma | |
457 | - | Statutes, and | |
458 | - | ||
459 | 720 | b. Two Million Dollars ($2,000,000.00) to the credit of | |
460 | 721 | the Oklahoma Railroad Maintenance Revolving Fund | |
461 | 722 | created in Section 309 of Title 66 of the Oklahoma | |
462 | 723 | Statutes. | |
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464 | 750 | D. For fiscal year 2029, and each subsequent fiscal year, Fifty | |
465 | 751 | Million Dollars ($50,000,000.00) shall be placed to the credit of | |
466 | 752 | the Oklahoma Capital Assets Maintenance and Protection Fund created | |
467 | 753 | in Section 2 of this act. | |
468 | - | ||
469 | 754 | SECTION 5. This act shall become effective July 1, 2024. | |
470 | - | ||
471 | 755 | SECTION 6. It being immediately necessary for the preservation | |
472 | 756 | of the public peace, health or safety, an emergency is hereby | |
473 | 757 | declared to exist, by reason whereof this act shall take effect and | |
474 | 758 | be in full force from and after its passage and approval. | |
475 | 759 | ||
476 | - | ENR. S. B. NO. 1399 Page 12 | |
477 | - | Passed the Senate the 29th day of March, 2024. | |
478 | - | ||
479 | - | ||
480 | - | ||
481 | - | Presiding Officer of the Senate | |
482 | - | ||
483 | - | ||
484 | - | Passed the House of Representat ives the 30th day of May, 2024. | |
485 | - | ||
486 | - | ||
487 | - | ||
488 | - | Presiding Officer of the House | |
489 | - | of Representatives | |
490 | - | ||
491 | - | OFFICE OF THE GOVERNOR | |
492 | - | Received by the Office of the Governor this _______ _____________ | |
493 | - | day of _________________ __, 20_______, at _______ o'clock _______ M. | |
494 | - | By: _________________________________ | |
495 | - | Approved by the Governor of the State of Oklahoma this _______ __ | |
496 | - | day of _________________ __, 20_______, at _______ o'clock _______ M. | |
497 | - | ||
498 | - | _________________________________ | |
499 | - | Governor of the State of Oklahoma | |
500 | - | ||
501 | - | ||
502 | - | OFFICE OF THE SECRETA RY OF STATE | |
503 | - | Received by the Office of the Secretary of State this _______ ___ | |
504 | - | day of _________________ _, 20 _______, at _______ o'clock _______ M. | |
505 | - | By: _________________________________ | |
760 | + | 59-2-3807 QD 5/28/2024 4:23:55 PM |