Oklahoma 2025 2025 Regular Session

Oklahoma Senate Bill SB74 Introduced / Bill

Filed 12/19/2024

                     
 
 
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STATE OF OKLAHOMA 
 
1st Session of the 60th Legislature (2025) 
 
SENATE BILL 74 	By: Goodwin 
 
 
 
 
 
AS INTRODUCED 
 
An Act relating to appropriations; making an 
appropriation to the Oklahoma Department of Commerce; 
stating purpose; providing for impleme ntation of 
program of compensation related to the Tulsa Race 
Massacre; providing for collaboration between 
Oklahoma Department of Commerce and certain 
committee; providing for membership; creating the 
Tulsa Race Massacre Compensation Revolving Fund; 
providing for sources of revenues; providing purposes 
of fund; providing for expend itures; providing for 
noncodification; providing for codification; 
providing an effective date; and declaring an 
emergency. 
 
 
 
 
 
BE IT ENACTED BY THE PEOPLE OF THE STATE O F OKLAHOMA: 
SECTION 1.  There is hereby appropriated to the Oklahoma 
Department of Commerce from any monies not otherwise appropriated 
from the General Revenue Fund of the State Treasury for the fiscal 
year ending June 30, 202 5, the sum of Three Hundred Million Dollars 
($300,000,000.00) to implement a program of rep arations for damages 
to persons and property that occurred during the 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”.   
 
 
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SECTION 2.     NEW LAW     A new section of law not to be 
codified in the Oklahoma Statutes reads as follows: 
A.  The Oklahoma Department of Commerce, with the assistance of 
nonprofit organizations or any othe r state agency, board, 
commission, or department with information or resource s that could 
be of assistance to the Department, shall create and administer a 
program pursuant to which survivors of the Tulsa Race Massacre and 
descendants of victims of the Tul sa Race Massacre may make 
application to and receive payments from the Tulsa Race Massacre 
Compensation Revolving Fund created pursuant to Section 3 of this 
act. 
B.  The Oklahoma Department of Commerce shall work in 
conjunction with and receive input from a committee to be composed 
of the following persons: 
1.  A member of the Sena te whose district includes the Greenwood 
District in Tulsa; 
2.  A member of the House of Representatives whose district 
includes the Greenwood District in Tulsa; and 
3.  A member to be appointed by the Chief Executive Officer of 
the Oklahoma Department of Commerce . 
C.  The member of the Senate shall convene meetings to select 
six other persons to constitute the committee for a total membership 
of nine (9) persons.   
 
 
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D.  The persons to be selected shall be capable, community -
oriented persons representative of the historically and adversely 
affected areas of the City of Tulsa. 
E.  The persons selected may include, but shall not be limited 
to, historians, clergy members, attorneys, advocates, accountants, 
and genealogists. 
F.  Nonprofit organizations or a state agency, board, 
commission, department, or other entity of state government with 
information or resources may provide assistance to the committee 
members. 
SECTION 3.    NEW LAW     A new section of law to be codified 
in the Oklahoma Statutes as Section 25001 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 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 and such other sources designated for 
deposit in the fund.  All monies accruing to the credit of the fund 
are hereby appropriated and may be budgeted and expended by the 
Oklahoma Department of Commerce for the purpose of making payments 
relating to damage to persons and property during the events of 
approximately May 31 , 1921, through June 1, 1921, in the City of   
 
 
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Tulsa, which events for purposes of this act shall be designated the 
“Tulsa Race Massacre”.  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 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 pas sage and approval. 
 
60-1-907 JC 12/19/2024 3:18:26 PM