Oklahoma legislation · 2026 Regular Session
Oklahoma SB258: Transportation financing; creating the Preserving and Advancing County Transportation Fund.
Status: Failed, May 14, 2026
What the bill says
An Act relating to transportation financing; creating the Preserving and Advancing County Transportation Fund; establishing fund nature; providing revolving fund provisions; authorizing and limiting certain allocations, budgeting, and expenditure of funds; providing funds be distributed in certain proportions utilizing certain methodologies; establishing certain target ratio; requiring certain practice for depositing of funds; providing for certain use; amending 68 O.S. 2021, Section 1004, as amended by Section 1, Chapter 111, ENGR. H. A. to ENGR. S. B. NO. 258 Page O.S.L. 2022 (68 O.S. Supp…
From the engrossed text, April 30, 2025:
An Act relating to transportation financing; creating the Preserving and Advancing County Transportation Fund; establishing fund nature; providing revolving fund provisions; authorizing and limiting certain allocations, budgeting, and expenditure of funds; providing funds be distributed in certain proportions utilizing certain methodologies; establishing certain target ratio; requiring certain practice for depositing of funds; providing for certain use; amending 68 O.S. 2021, Section 1004, as amended by Section 1, Chapter 111, ENGR. H. A. to ENGR. S. B. NO. 258 Page O.S.L. 2022 (68 O.S. Supp. 2024, Section 1004), which relates to the apportionment of gross production taxes; modifying certain apportionment; creating apportionment to Preserving and Advancing County Transportation Fund; limiting apportionment; providing for codification; providing an effective date; and declaring an emergency. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 508 of Title 69, unless there is created a duplication in numbering, reads as follows: A. There is hereby created in the State Treasury a revolving fund to be known as the "Preserving and Advancing County Transportation Fund" (PACT Fund). The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies directed for deposit to the fund by law including, but not …