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Oklahoma Legislature· SB 1635Second Reading referred to Aeronautics and Transportation Committee then to Appropriations Committee

An act relating to the Oklahoma Turnpike Authority, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Oklahoma Legislature, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
1                            STATE OF OKLAHOMA

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2                  2nd Session of the 60th Legislature (2026)

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3 SENATE BILL 1635                       By: Jett
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6                            AS INTRODUCED

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7   An Act relating to the Oklahoma Turnpike Authority;

7   requiring the Oklahoma Turnpike Authority to develop

8   and submit certain plan; requiring certain plan be

8   submitted by certain date; providing penalty for

9   certain violations; providing for codification;

9   providing an effective date; and declaring an

10  emergency.

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13 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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14  SECTION 1.      NEW LAW    A new section of law to be codified

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15 in the Oklahoma Statutes as Section 1701.1 of Title 69, unless there
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16 is created a duplication in numbering, reads as follows:
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17  A. The Oklahoma Turnpike Authority shall develop and submit a

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18 comprehensive plan for its orderly dissolution and disbandment. The
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19 plan shall include, at a minimum, provisions for the:
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20  1. Liquidation of assets;

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21  2. Transfer of all turnpike infrastructure and road inventory

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22 to the Department of Transportation;
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    Req. No. 3107                                              Page 1
1   3. Application of any surplus funds toward the retirement of

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2 outstanding debts, prioritizing obligations with the highest
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3 interest rates; and
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4   4. A detailed cost-benefit analysis of such proposed

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5 dissolution, including fiscal impacts to the state and ratepayers.
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6   B. 1. The Authority shall electronically submit the completed

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7 plan to the Legislature and the Governor no later than December 31,
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8 2027.
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9   2. Upon failure of the Authority to submit such plan by the

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10 required date, or if such plan is deemed incomplete or inadequate by
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11 joint resolution of the Legislature, the Authority shall be
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12 prohibited from issuing any new bonds, increasing toll rates, or
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13 initiating new construction projects until the plan is submitted or
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14 is deemed complete by joint resolution of the Legislature.
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15  3. In addition to such prohibitions provided for in paragraph 2

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16 of this subsection, the Authority shall be subject to a civil
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17 penalty of One Thousand Dollars ($1,000.00) per day for each day
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18 until such plan is submitted or is deemed complete by joint
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19 resolution of the Legislature. The Attorney General is authorized
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20 to enforce the provisions of this paragraph through civil action.
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21  SECTION 2. This act shall become effective July 1, 2026.

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22  SECTION 3. It being immediately necessary for the preservation

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23 of the public peace, health or safety, an emergency is hereby
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    Req. No. 3107                                               Page 2
1 declared to exist, by reason whereof this act shall take effect and
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2 be in full force from and after its passage and approval.
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4   60-2-3107      MSBB  1/13/2026 5:25:53 PM

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    Req. No. 3107                                            Page 3
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