Oklahoma legislation · 2026 Regular Session
Oklahoma HB3882: Department of Transportation; creating the Lake and Industrial Access Revolving Fund; establishing at Department of Transportation; characteristics; requirements and limitations; effective date; emergency.
Status: Signed into law, May 4, 2026
What the bill says
An Act relating to the Oklahoma Department of Transportation; creating the Lake and Industrial Access Revolving Fund; establishing the fund at the Oklahoma Department of Transportation; establishing revolving fund characteristics; deeming funds appropriated; providing expenditure and budgeting requirements and limitations; providing for codification; providing an effective date; and declaring an emergency. SUBJECT: Oklahoma Department of Transportation.
From the enrolled text, April 28, 2026:
An Act relating to the Oklahoma Department of Transportation; creating the Lake and Industrial Access Revolving Fund; establishing the fund at the Oklahoma Department of Transportation; establishing revolving fund characteristics; deeming funds appropriated; providing expenditure and budgeting requirements and limitations; providing for codification; providing an effective date; and declaring an emergency. SUBJECT: Oklahoma Department of Transportation SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 4060 of Title 69, unless there is created a duplication in numbering, reads as follows: There is hereby created in the State Treasury a revolving fund for the Oklahoma Department of Transportation to be designated the "Lake and Industrial Access Revolving Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies received by the Department designated by law. All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the Oklahoma Department of Transportation for the purpose of providing grants through either its Lake Access or Industrial Access program. Expenditures from said 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. SECTION 2. This …