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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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 3Every fact on this page links to its source, starting with the official bill record.