Req. No. 10745 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 1st Session of the 60th Legislature (2025) HOUSE BILL 1843 By: Fugate AS INTRODUCED An Act relating to community development; enacting the Community Quality of Life Enhancement Act; making legislative findings; creating t he Community Quality of Life Enhancement Revolving Fund; specifying purpose of fund; providing for authorized expenditures; providing for apportionment of revenues; imposing maximum balance for fund; providing for apportionment of revenue in excess of maximum balance amount; providing for noncodification; providing for codification; providing an effective date; and declaring an emergency. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new sectio n of law not to be codified in the Oklahoma Statutes reads as follows: This act shall be known and may be cited as the "Community Quality of Life Enhancement Act ". SECTION 2. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 9101 of Title 62, unless there is created a duplication in numbering, reads as follows: The Legislature finds that communities within the state would benefit from access to additional funding sources to promote a high Req. No. 10745 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 quality of life. Such funding should be utilized by the communities based on an allocation system using a per capita method. SECTION 3. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 9102 of Title 62, unless there is created a duplication in numbering, reads as follows: Local communities sh all establish a board in order to make applications to the Oklahoma Department of Commerce for available funds pursuant to the provisions of this act. SECTION 4. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 9103 of Title 62, unless there is created a duplication in numbering, reads as follows: The monies in the Community Quality of Life Enhancement Revolving Fund may be ut ilized by eligible communities for: 1. Infrastructure improvements that impac t quality of life; 2. Parks and recreational facilities; 3. Public transportation enhancements; 4. Cultural and community centers; 5. Public art and beautification; and 6. Environmental conservation projects. SECTION 5. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 9104 of Title 62, unless there is created a duplication in numbering, reads as follows: The expenditures from the Community Qualify of Life Enhancement Revolving Fund and other expend itures governed by this act, if made Req. No. 10745 Page 3 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 accordance with the requirements of this act, shall be construed as an expenditure of public funds in furtherance of governmental functions and for the purpose of conferring general and uniform benefits resulting from the expenditures upon the residents and other legal entities located in eligible communities. SECTION 6. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 9105 of Title 62, unless there is created a duplication in numbering, reads as follows: There is hereby created in the State Treasury a revolving fund for the Oklahoma Department of Commerce to be designated the "Community Quality of Life Enhancement Revolving Fund ". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies received by the Oklahoma Department of Commerce pursuant to Section 7 of this act. All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the Oklahoma Department of Commerce for the purpose of making allocations to eligible communities to implement the provisions of this act. Expenditures from said fun d shall be made upon warrants issued by the State Treasurer against claims filed as prescribed by law with the Director of the Office of Management and Enterprise Services for approval and payment. SECTION 7. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 9106 of Title 62, u nless there is created a duplication in numbering, reads as follows: Req. No. 10745 Page 4 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 A. Funding for the Community Quality of Life Enhancement Revolving Fund shall be derived from the income tax revenue which is attributable to the increment of twenty -five hundredths of one percent (0.0025) of the highest rate of tax imposed on the taxable income of individuals pursuant to Section 2355 of Title 68 of the Oklahoma Statutes. B. The balance of the Community Quality of Life Enhancement Fund shall not exceed Two Hundred Fifty Million Dollars ($250,000,000.00). C. All revenue that would otherwise be apportioned to the Fund once the maximum fund balance prescribed by this section is reached shall be apportioned according to the requirements of Section 2352 of Title 68 of the Oklahoma Statutes. SECTION 8. This act shall become effective July 1, 202 5. SECTION 9. It being immediately necessary for the preservation of the public peace, health or safety, an emergency is hereby declared to exist, by re ason whereof this act shall take effect and be in full force from and after its passage and approval. 60-1-10745 MAH 01/15/25