Oklahoma SB67 modifies apportionments to the Rebuilding Oklahoma Access and Driver Safety Fund for certain fiscal years.
Oklahoma SB67 amends the Rebuilding Oklahoma Access and Driver Safety Fund by modifying apportionment calculations and amounts for specific fiscal years. It sets specific dollar amounts for the fund for each fiscal year from 2021 to 2033 and beyond, ensuring the fund receives a total of $575 million for 2021, increasing incrementally to $1 billion for 2033 and each subsequent year. The bill also mandates the State Board of Equalization to examine fund expenditures annually, excluding debt obligations.
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