Bill > HB2090

This bill requires the State Auditor and Inspector to conduct a comprehensive special audit of the Oklahoma Turnpike Authority by December 1, 2023, which will include five key components: determining the revenue needed to repay the original cost of existing turnpikes and the timeline for potentially converting them to toll-free roads, assessing agency risk and developing performance audit objectives, conducting a fifteen-year retrospective and ten-year prospective analysis of maintenance reserve fund finances, explaining discrepancies between required and actual reserve maintenance fund deposits, and detailing the financial impact of cost overruns in the recent Driving Forward Program. The audit report must be distributed to several key government officials, including the Governor, legislative leadership, the Legislative Office of Fiscal Transparency, and members of the Senate and House Transportation Committees. The bill will become effective on November 1, 2025, and contains an emergency clause, which means it can take effect immediately upon passage. This audit appears aimed at increasing transparency and understanding of the Oklahoma Turnpike Authority's financial practices and long-term infrastructure planning.

Budget and Finance

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb2090&Session=2600