Okla. Stat. tit. 69, § 69-2001

A. The Legislature finds that the highway infrastructure in

this state is vital to the health, safety, and welfare of the

traveling public and to the economic development in this state. The

Legislature also finds that the highway infrastructure should be

continually improved and expanded in order to meet the general

public's desire for a safe and convenient highway system. Based on

these findings, it is the intent of the Legislature to expend and

equitably distribute approximately Seven Hundred Million Dollars

($700,000,000.00), plus any additional expenditures approved

pursuant to subsection F of this section, to construct new highways

and improve existing highways over a five-year period as set forth

in this act.

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B. To properly fund the construction and improvement of the

highway system in this state, it is the intent of the Legislature to

appropriate Fifty Million Dollars ($50,000,000.00) from the

Constitutional Reserve Fund each year for the first two (2) years

and Fifty-two Million Five Hundred Fifty Thousand Dollars

($52,550,000.00) from the Constitutional Reserve Fund each year for

the next two (2) years for the purposes of highway construction and

improvement subject to the declaration of an emergency pursuant to

the provisions of Section 23 of Article X of the Constitution of the

State of Oklahoma. In addition to the appropriation of Fifty

Million Dollars ($50,000,000.00) from the Constitutional Reserve

Fund in the second year of this program, it is the intent of the

Legislature to appropriate an additional Ten Million Dollars

($10,000,000.00) in the second year of this program from the

Constitutional Reserve Fund to be divided equally between Oklahoma

and Tulsa Counties to further fund highway construction and

improvement projects as set forth in this act.

C. In addition to the funding specified in subsection A of this

section, the Legislature shall appropriate Thirty-four Million Nine

Hundred Thousand Dollars ($34,900,000.00) in the first year and

Forty Million Dollars ($40,000,000.00) in each of the next four (4)

years, and other sufficient monies to the Oklahoma Department of

Transportation to be deposited in the State Highway Construction and

Maintenance Fund for the construction and improvement of the highway

system in this state.

D. In addition to the funding specified in subsections B and C

of this section, the Oklahoma Capitol Improvement Authority shall be

authorized to issue bonds, other negotiable instruments or other

evidences of indebtedness in the principal amount sufficient to

generate Three Hundred Million Dollars ($300,000,000.00) in proceeds

available to fund the construction and improvements to the highway

system as set forth in this act.

E. For purposes of this act, and despite any provision to the

contrary as set forth in Section 1511 of this title, each State

Transportation Commission district in this state shall receive

equitable funding as follows:

1. Not more than twenty percent (20%) of the funding pursuant

to this act shall be allocated to each of State Transportation

Commission Districts 4 and 8. The percentage reflected in this

paragraph shall not include the additional Ten Million Dollars

($10,000,000.00) appropriated from the Constitutional Reserve Fund

as set forth in subsection B of this section; and

2. Not less than ten percent (10%) of the total funding

pursuant to this act shall be allocated to each of the remaining six
ch of State Transportation

Commission Districts 4 and 8. The percentage reflected in this

paragraph shall not include the additional Ten Million Dollars

($10,000,000.00) appropriated from the Constitutional Reserve Fund

as set forth in subsection B of this section; and

2. Not less than ten percent (10%) of the total funding

pursuant to this act shall be allocated to each of the remaining six

(6) transportation districts.

Only those highway projects set forth in Section 2002 of this title

shall be eligible for funding pursuant to this act. Any excess

Oklahoma Statutes - Title 69. Roads, Bridges, and Ferries Page 351

funds from a particular highway project shall only be expended for

other highway projects within the same transportation district. It

is the intent of the Legislature that highway projects listed on the

five-year plan for transportation facilities developed to meet

present and future needs of this state shall continue to be funded

as provided by current law. In addition, the Department of

Transportation shall be required to construct, improve, maintain,

and repair all highway projects listed on the five-year plan as such

plan exists on May 28, 1997, except for normal highway programming

adjustments, to the extent possible consistent with the funds

provided by law for such highway projects. The Department of

Transportation may issue Grant Anticipation Notes for projects of

economic significance. Such bond issue or issues shall be subject

to the unanimous approval of the Contingency Review Board.

F. 1. In addition to the provisions of this section, it is the

intent of the Legislature to reexamine in fiscal year 2000 the

status of the highway infrastructure as well as the highway

construction and improvement projects as set forth in Section 2002

of this title. Based on such reexamination, it is the intent of the

Legislature to expend additional monies, amounting to approximately

Three Hundred Million Dollars ($300,000,000.00) to continue the

construction of new highways and improve existing highways as set

forth in this subsection.

2. In order for any additional monies to be expended as

provided in this subsection, the Oklahoma Capitol Improvement

Authority shall be authorized to issue bonds, other negotiable

instruments or other evidences of indebtedness in a principal amount

sufficient to generate One Hundred Fifty Million Dollars

($150,000,000.00) in proceeds available to fund the construction and

improvement of the highway system as set forth in this act. The

terms and conditions of such issue shall be in accordance with the

provisions of Section 168.6 of Title 73 of the Oklahoma Statutes.

3. In addition to the funding specified in paragraph 2 of this

subsection, the Legislature shall authorize an appropriation in an

amount not to exceed One Hundred Fifty Million Dollars

($150,000,000.00) from the Constitutional Reserve Fund, subject to

the declaration of an emergency pursuant to the provisions of

Section 23 of Article X of the Constitution of the State of

Oklahoma, the General Revenue Fund, or the State Transportation

Fund, or a combination of each.

4. For purposes of this subsection, each State Transportation

Commission district in this state shall receive equitable funding as

follows:

a. not more than twenty percent (20%) of the funding

pursuant to this subsection shall be allocated to each

of State Transportation Commission Districts 4 and 8,

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b. not less than ten percent (10%) of the funding

pursuant to this subsection shall be allocated to each

of the remaining six transportation districts, and

c. any excess funds from a particular highway improvement

or highway improvements shall only be expended for

other highway improvements within the same

transportation district.

5. The additional funding as allocated by subparagraphs a and b
not less than ten percent (10%) of the funding

pursuant to this subsection shall be allocated to each

of the remaining six transportation districts, and

c. any excess funds from a particular highway improvement

or highway improvements shall only be expended for

other highway improvements within the same

transportation district.

5. The additional funding as allocated by subparagraphs a and b

of paragraph 4 of this subsection may be used for the completion of

existing highway projects as set forth in subsection A of Section

2002 of this title, any highway projects or the continuation of

existing highway projects as set forth in subsection B of Section

2002 of this title, or any other highway improvements within such

transportation districts to which the funds were allocated pursuant

to this subsection.

G. Of the total funding allocated under this section to State

Transportation Commission District 4, sixty-seven percent (67%) of

such funds are allocated exclusively to Oklahoma County. Of the

total funding allocated under this section to State Transportation

Commission District 8, fifty-eight and eight-tenths percent (58.8%)

of such funds are allocated exclusively to Tulsa County.