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STATE OF OKLAHOMA
1st Session of the 60th Legislature (2025)
SENATE BILL 278 By: Goodwin
AS INTRODUCED
An Act relating to the Oklahoma Department of
Commerce; requiring Department to create certain
program; stating purpose of certain program ;
requiring input of committee composed of certain
members; stating purpose; creating the Tulsa Race
Massacre Victims’ Compensation Revolving Fund;
directing expenditures from certain fund; making an
appropriation; providing an effective date; and
declaring an emergency.
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOM A:
SECTION 1. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as Section 8228 of Title 74, unless there
is created a duplication in n umbering, reads as follows:
A. The Oklahoma Department of Commerce , with the assistance of
nonprofit organizations, and any state agency, board, commission, or
department with information or resources that could assist the
Department, shall create and administer a program under which
survivors of the 1921 Tulsa Race Massacre living on the effective
date of this act shall each receive a payment of Two Million Dollars
($2,000,000.00) from the Tulsa Race Massacre Victims ’ Compensation
Revolving Fund created p ursuant to Section 2 of this act. If a
survivor dies prior to receipt of such payment, a payment not to
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exceed Two Million Dollars ($2,000,000.00) cumulatively shall be
disbursed to legatees as designated in a will of such survivor, or
to the descendants of the survivor as provided by laws of succession
of this state if the survivo r dies intestate.
B. The Oklahoma Department of Commerce shall work with and
receive input from a committee to be composed of:
1. A member of the Senate whose district includes the Greenwood
District in Tulsa to be appointed by the President Pro Tempore of
the Senate;
2. A member of the House of Representatives whose district
includes the Greenwood District in Tulsa to be appointed by the
Speaker of the House of Representatives ; and
3. A member to be appointed by the Chief Executive Officer of
the Oklahoma Department of Commerce .
SECTION 2. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as Section 8229 of Title 74, 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 “Tulsa
Race Massacre Victims ’ Compensation 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 from appropriations provided for the purpose of
compensating survivors of the 1921 Tulsa Race Massacre. All monies
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accruing to the credit of the fund are hereby appropriated and shall
be budgeted and expended by the Oklahoma Department of Commerce for
the purpose provided for in Section 1 of this act. Expenditures
from the fund 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 3. There is hereby appropriated to the Tulsa Race
Massacre Victims’ Compensation Revolving Fund created in Section 2
of this act from any monies not otherwise appropriated from the
General Revenue Fund of the State Treasury for the fiscal year
ending June 30, 2023, the sum of Four Million Dollars
($4,000,000.00) or so much thereof as may be necessary to pay
restitution to living survivors affected during th e events of
approximately May 31, 1921, through June 1, 1921, in the city of
Tulsa, which events shall be known as the “Tulsa Race Massacre”.
SECTION 4. This act shall become effective July 1, 2025.
SECTION 5. 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 effect and
be in full force from and after its passage and approval.
60-1-908 TEK 12/30/2024 10:14:20 PM