SB 1309 — Roads and bridges; modifying certain apportionment for certain fiscal years. Effective date. Emergency.

ENGROSSEDAn Act ENROLLED SENATE BILL NO.

Jech of the Senate and JohnsJohns, Hill, and Crosswhite Hader of the House 5 An Act relating to roads and bridges;

BESUBJECT: IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:

Roads and bridges BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:

Expenditures from the fund ENGR.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.

S.

NO.

1309 Page 1 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.

for the fiscal year beginning July 1, 2021 2026, and for each fiscal year thereafter, Eighty One Hundred Million Dollars ($80,000,000.00) ($100,000,000.00), 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 for the Department pursuant to Section 341 151 ENGR.et seq.

S.

B.

NO.

1309 Page 2 et seq.

(1)ENR. Five Hundred Seventy-five Million Dollars ($575,000,000.00) for the fiscal year beginning July 1, 2021, (2) Five Hundred Ninety Million Dollars ($590,000,000.00) for the fiscal year beginning July 1, 2022, and (3) Six Hundred Ten Million Dollars ($610,000,000.00) for the fiscal year beginning July 1, 2025, and for each fiscal year thereafter.

ENGR.

1309 Page 32 All(1) amountsFive apportionedHundred pursuantSeventy-five toMillion thisDollars paragraph($575,000,000.00) shallfor be divided into twelve equal amounts to be apportioned each month during the fiscal year exceptbeginning theJuly amount1, specified2021, in(2) subparagraphFive aHundred ofNinety thisMillion paragraphDollars which($590,000,000.00) amountfor shallthe befiscal allocatedyear inbeginning itsJuly full1, amount2022, inand cash(3) notSix laterHundred thanTen JulyMillion 30Dollars each($610,000,000.00) yearfor orthe suchfiscal lateryear datebeginning asJuly may1, be2025, requiredand in order for theeach amountfiscal toyear bethereafter. allocated in cash;

All amounts apportioned pursuant to this paragraph shall be divided into twelve equal amounts to be apportioned each month during the fiscal year except the amount specified in subparagraph a of this paragraph which amount shall be allocated in its full amount in cash not later than July 30 each year or such later date as may be required in order for the amount to be allocated in cash;

In the event that the Director of the Office of Management and Enterprise Services declares a General Revenue Fund revenue ENGR.ENR.

1309 Page 43 failure pursuant to Section 34.49 of Title 62 of the Oklahoma Statutes, and agency allocations are reduced pursuant to the provisions of Section 34.49 of Title 62 of the Oklahoma Statutes, the amounts that would otherwise be apportioned to the ROADS Fund by:

Subparagraph a of paragraph 1 of subsection B of this section, only to the extent that the amount is not required for debt service related to the obligations authorized pursuant to Section 341 151 et seq.

ENGR.1.

S.

B.

NO.

1309 Page 5 1.

5.ENR.

S.

B.

NO.

1309 Page 4 5.

ENGR.E.

S.From the monies allocated pursuant to the provisions of subparagraph a of paragraph 1 of subsection B of this section each fiscal year, the Department of Transportation shall make payments required for the payment of principal, interest, and other costs related to the obligations issued by the Oklahoma Capitol Improvement Authority for the Department as authorized by Section 151 et seq.

B.

NO.

1309 Page 6 E.

From the monies allocated pursuant to the provisions of subparagraph a of paragraph 1 of subsection B of this section each fiscal year, the Department of Transportation shall make payments required for the payment of principal, interest, and other costs related to the obligations issued by the Oklahoma Capitol Improvement Authority for the Department as authorized by Section 341 151 et seq.

ENGR.ENR.

1309 Page 75 Passed the Senate the 18th day of February, 2026.

3 Presiding Officer of the Senate 5 Passed the House of Representatives the ____29th day of __________,April, 2026.