Oklahoma HB 2895: Roads and bridges; Rebuilding Oklahoma Access and Driver Safety Fund; authorized funds; apportionment; effective date; emergency.
Status: Approved by Governor 05/24/2021 (as of 2021-05-24)
State: Oklahoma · Session: 2021 · Bill: HB 2895
Sponsors: Thompson, Wallace
Bill Text
HB2895 FULLPCS1 Kevin Wallace-JM 5/17/2021 10:58:45 am AMEND TITLE TO CONFORM TO AMENDMENTS Amendment submitted by: Kevin Wallace Adopted: _____________________________ ______________________________________ Reading Clerk COMMITTEE AMENDMENT HOUSE OF REPRESENTATIVES State of Oklahoma SPEAKER: CHAIR: I move to amend HB2895 Of the printed Bill Page Section Lines Of the Engrossed Bill By striking the Title, the Enacting Clause, the entire bill, and by inserting in lieu thereof the following language: Req. No. 7863 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 58th Legislature (2021) PROPOSED COMMITTEE SUBSTITUTE FOR HOUSE BILL NO. 2895 By: Wallace and Hilbert of the House and Thompson and Hall of the Senate PROPOSED COMMITTEE SUBSTITUTE An Act relating to roads and bridges; amending 69 O.S. 2011, Section 1521, as last amended by Section 1, Chapter 17, O.S.L. 2020 (69 O.S. Supp. 2020, Section 1521), which relates to the Rebuilding Oklahoma Access and Driver Safety Fund; clarifying language; requiring funds be authorized prior to budgeting and expenditure; updating references; eliminating obsolete references; eliminating certain exceptions; prioritizing certain apportionment amount; modifying apportionment calculations and amounts for certain fiscal years; prohibiting certain apportionment reduction; authorizing certain use of funds; prioritizing certain use of funds; providing an effective date; and declaring an emergency. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. AMENDATORY 69 O.S. 2011, Section 1521, as last amended by Section 1, Chapter 17, O.S.L. 2020 (69 O.S. Supp. 2020, Section 1521), is amended to read as follows: Req. No. 7863 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 Section 1521. A. There is hereby created in the State Treasury a fund to be known as the "Rebuilding Oklahoma Access and Driver Safety Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all appropriations and transfers made by the Legislature. All monies accruing to the credit of the fund are hereby appropriated and may be budgeted and expended each fiscal year by the Department of Transportation for the purposes authorized by subsection G F of this section in amounts as authorized by the Oklahoma Legislature. 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. B. Beginning July 1, 2019 2021, except for an amount equivalent to the amount of revenue apportioned to the Rebuilding Oklahoma Access and Driver Safety Fund pursuant to Section 6 of Enrolled House Bill No. 1010 of the 2nd Extraordinary Session of the 56th Oklahoma Legislature 500.4B of Title 68 and Section 1104 of Title 47 of the Oklahoma Statutes and from other sources apportioned to the Fund by law, there shall be apportioned to the funds specified in this subsection from the monies that would otherwise be apportioned to the General Revenue Fund by Section 2352 of Title 68 of the Oklahoma Statutes from the revenues derived pursuant to subsections Req. No. 7863 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 A, B and E of Section 2355 of Title 68 of the Oklahoma Statutes amounts as follows: 1. For each fiscal year, subject to the provisions of paragraph 3 of this subsection, and, except for the amount prescribed by subparagraph a of this paragraph, subject Subject to any reductions required by subsection F E of this section, there shall be apportioned to the Rebuilding Oklahoma Access and Driver Safety Fund: a. for the fiscal year beginning July 1, 2011 2021, the first Thirty-five Million Seven Hundred Thousand Dollars ($35,700,000.00), for the fiscal year beginning July 1, 2012, the first Forty-one Million Seven Hundred Thousand Dollars ($41,700,000.00) and for the fiscal year beginning July 1, 2013, and for each fiscal year thereafter, Fifty-nine Million Seven Hundred Thousand Dollars ($59,700,000.00) Eighty Million Dollars ($80,000,000.00), which shall be allocated and used by the Department of Transportation first for the purpose of making any required payments for principal, interest or other costs of borrowing with respect to the obligations issued pursuant to Section 341 of Title 73 of the Oklahoma Statutes and after any such required payment has been made then for Req. No. 7863 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 the purposes otherwise authorized by this section, plus b. the total amount apportioned to the Rebuilding Oklahoma Access and Driver Safety Fund for the preceding fiscal year which, except for the amount prescribed by subparagraph a of this paragraph, shall be apportioned before any other amount is apportioned pursuant to Section 2352 of Title 68 of the Oklahom
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