Bill > SB964

This bill modifies Oklahoma's laws governing the Oklahoma Turnpike Authority by removing its current ability to independently revise toll rates and introducing a new requirement for legislative approval of any toll increases. Specifically, the bill amends existing law to eliminate the Authority's previous discretion to "fix, revise" toll rates and introduces a new statutory provision mandating that the Oklahoma Turnpike Authority must obtain legislative approval through a joint resolution before implementing any toll rate increases. The bill also maintains other existing provisions about turnpike operations, such as requirements for businesses leasing or operating facilities on turnpike properties (mandating they be Oklahoma residents or businesses for at least five years) and prohibitions against discriminatory toll practices. Additionally, the bill includes a delayed effective date of November 1, 2025, which gives the Turnpike Authority and the Legislature time to prepare for the new approval process. The primary intent appears to be increasing legislative oversight and transparency in toll rate adjustments by requiring explicit legislative consent before any rate increases can be implemented.

Transportation and Infrastructure

http://www.oklegislature.gov/BillInfo.aspx?Bill=sb964&Session=2600