{"data":{"id":"us-ok/okla.-stat.-tit.-69-69-2001","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 69, § 69-2001","heading":"Legislative findings and intent - Funding","body":"A. The Legislature finds that the highway infrastructure in\n\nthis state is vital to the health, safety, and welfare of the\n\ntraveling public and to the economic development in this state. The\n\nLegislature also finds that the highway infrastructure should be\n\ncontinually improved and expanded in order to meet the general\n\npublic's desire for a safe and convenient highway system. Based on\n\nthese findings, it is the intent of the Legislature to expend and\n\nequitably distribute approximately Seven Hundred Million Dollars\n\n($700,000,000.00), plus any additional expenditures approved\n\npursuant to subsection F of this section, to construct new highways\n\nand improve existing highways over a five-year period as set forth\n\nin this act.\n\nB. To properly fund the construction and improvement of the\n\nhighway system in this state, it is the intent of the Legislature to\n\nappropriate Fifty Million Dollars ($50,000,000.00) from the\n\nConstitutional Reserve Fund each year for the first two (2) years\n\nand Fifty-two Million Five Hundred Fifty Thousand Dollars\n\n($52,550,000.00) from the Constitutional Reserve Fund each year for\n\nthe next two (2) years for the purposes of highway construction and\n\nimprovement subject to the declaration of an emergency pursuant to\n\nthe provisions of Section 23 of Article X of the Constitution of the\n\nState of Oklahoma. In addition to the appropriation of Fifty\n\nMillion Dollars ($50,000,000.00) from the Constitutional Reserve\n\nFund in the second year of this program, it is the intent of the\n\nLegislature to appropriate an additional Ten Million Dollars\n\n($10,000,000.00) in the second year of this program from the\n\nConstitutional Reserve Fund to be divided equally between Oklahoma\n\nand Tulsa Counties to further fund highway construction and\n\nimprovement projects as set forth in this act.\n\nC. In addition to the funding specified in subsection A of this\n\nsection, the Legislature shall appropriate Thirty-four Million Nine\n\nHundred Thousand Dollars ($34,900,000.00) in the first year and\n\nForty Million Dollars ($40,000,000.00) in each of the next four (4)\n\nyears, and other sufficient monies to the Oklahoma Department of\n\nTransportation to be deposited in the State Highway Construction and\n\nMaintenance Fund for the construction and improvement of the highway\n\nsystem in this state.\n\nD. In addition to the funding specified in subsections B and C\n\nof this section, the Oklahoma Capitol Improvement Authority shall be\n\nauthorized to issue bonds, other negotiable instruments or other\n\nevidences of indebtedness in the principal amount sufficient to\n\ngenerate Three Hundred Million Dollars ($300,000,000.00) in proceeds\n\navailable to fund the construction and improvements to the highway\n\nsystem as set forth in this act.\n\nE. For purposes of this act, and despite any provision to the\n\ncontrary as set forth in Section 1511 of this title, each State\n\nTransportation Commission district in this state shall receive\n\nequitable funding as follows:\n\n1. Not more than twenty percent (20%) of the funding pursuant\n\nto this act shall be allocated to each of State Transportation\n\nCommission Districts 4 and 8. The percentage reflected in this\n\nparagraph shall not include the additional Ten Million Dollars\n\n($10,000,000.00) appropriated from the Constitutional Reserve Fund\n\nas set forth in subsection B of this section; and\n\n2. Not less than ten percent (10%) of the total funding\n\npursuant to this act shall be allocated to each of the remaining six\nch of State Transportation\n\nCommission Districts 4 and 8. The percentage reflected in this\n\nparagraph shall not include the additional Ten Million Dollars\n\n($10,000,000.00) appropriated from the Constitutional Reserve Fund\n\nas set forth in subsection B of this section; and\n\n2. Not less than ten percent (10%) of the total funding\n\npursuant to this act shall be allocated to each of the remaining six\n\n(6) transportation districts.\n\nOnly those highway projects set forth in Section 2002 of this title\n\nshall be eligible for funding pursuant to this act. Any excess\n\nfunds from a particular highway project shall only be expended for\n\nother highway projects within the same transportation district. It\n\nis the intent of the Legislature that highway projects listed on the\n\nfive-year plan for transportation facilities developed to meet\n\npresent and future needs of this state shall continue to be funded\n\nas provided by current law. In addition, the Department of\n\nTransportation shall be required to construct, improve, maintain,\n\nand repair all highway projects listed on the five-year plan as such\n\nplan exists on May 28, 1997, except for normal highway programming\n\nadjustments, to the extent possible consistent with the funds\n\nprovided by law for such highway projects. The Department of\n\nTransportation may issue Grant Anticipation Notes for projects of\n\neconomic significance. Such bond issue or issues shall be subject\n\nto the unanimous approval of the Contingency Review Board.\n\nF. 1. In addition to the provisions of this section, it is the\n\nintent of the Legislature to reexamine in fiscal year 2000 the\n\nstatus of the highway infrastructure as well as the highway\n\nconstruction and improvement projects as set forth in Section 2002\n\nof this title. Based on such reexamination, it is the intent of the\n\nLegislature to expend additional monies, amounting to approximately\n\nThree Hundred Million Dollars ($300,000,000.00) to continue the\n\nconstruction of new highways and improve existing highways as set\n\nforth in this subsection.\n\n2. In order for any additional monies to be expended as\n\nprovided in this subsection, the Oklahoma Capitol Improvement\n\nAuthority shall be authorized to issue bonds, other negotiable\n\ninstruments or other evidences of indebtedness in a principal amount\n\nsufficient to generate One Hundred Fifty Million Dollars\n\n($150,000,000.00) in proceeds available to fund the construction and\n\nimprovement of the highway system as set forth in this act. The\n\nterms and conditions of such issue shall be in accordance with the\n\nprovisions of Section 168.6 of Title 73 of the Oklahoma Statutes.\n\n3. In addition to the funding specified in paragraph 2 of this\n\nsubsection, the Legislature shall authorize an appropriation in an\n\namount not to exceed One Hundred Fifty Million Dollars\n\n($150,000,000.00) from the Constitutional Reserve Fund, subject to\n\nthe declaration of an emergency pursuant to the provisions of\n\nSection 23 of Article X of the Constitution of the State of\n\nOklahoma, the General Revenue Fund, or the State Transportation\n\nFund, or a combination of each.\n\n4. For purposes of this subsection, each State Transportation\n\nCommission district in this state shall receive equitable funding as\n\nfollows:\n\na. not more than twenty percent (20%) of the funding\n\npursuant to this subsection shall be allocated to each\n\nof State Transportation Commission Districts 4 and 8,\n\nb. not less than ten percent (10%) of the funding\n\npursuant to this subsection shall be allocated to each\n\nof the remaining six transportation districts, and\n\nc. any excess funds from a particular highway improvement\n\nor highway improvements shall only be expended for\n\nother highway improvements within the same\n\ntransportation district.\n\n5. The additional funding as allocated by subparagraphs a and b\nnot less than ten percent (10%) of the funding\n\npursuant to this subsection shall be allocated to each\n\nof the remaining six transportation districts, and\n\nc. any excess funds from a particular highway improvement\n\nor highway improvements shall only be expended for\n\nother highway improvements within the same\n\ntransportation district.\n\n5. The additional funding as allocated by subparagraphs a and b\n\nof paragraph 4 of this subsection may be used for the completion of\n\nexisting highway projects as set forth in subsection A of Section\n\n2002 of this title, any highway projects or the continuation of\n\nexisting highway projects as set forth in subsection B of Section\n\n2002 of this title, or any other highway improvements within such\n\ntransportation districts to which the funds were allocated pursuant\n\nto this subsection.\n\nG. Of the total funding allocated under this section to State\n\nTransportation Commission District 4, sixty-seven percent (67%) of\n\nsuch funds are allocated exclusively to Oklahoma County. Of the\n\ntotal funding allocated under this section to State Transportation\n\nCommission District 8, fifty-eight and eight-tenths percent (58.8%)\n\nof such funds are allocated exclusively to Tulsa County.","path":["OK Code","Title 69"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os69.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"b611b69b404c5230ec369bc1ce84ca9e1fcdaf43a7ca99f60be1f54bd8891a4c","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-69-69-1963","next":"us-ok/okla.-stat.-tit.-69-69-2002"},"notice":"GroundRules: Original legal text. Not legal advice."}