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Oklahoma Legislature· SB 975Referred to Aeronautics and Transportation

An act relating to turnpikes, 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                 1st Session of the 60th Legislature (2025)

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3 SENATE BILL 975               By: Wingard
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6                               AS INTRODUCED

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7   An Act relating to turnpikes; amending 69 O.S. 2021,

7   Section 1711, which relates to tolls; removing

8   authority to revise toll rates; updating statutory

8   language; requiring legislative approval for toll

9   increases; prohibiting Legislature from approving

9   certain toll increases; providing for codification;

10  and providing an effective date.

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12 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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13  SECTION 1.     AMENDATORY   69 O.S. 2021, Section 1711, is

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14 amended to read as follows:
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15  Section 1711. The Oklahoma Turnpike Authority, subject to the

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16 provisions hereof, is hereby authorized to fix, revise, charge and
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17 collect tolls for the use of each turnpike project and the different
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18 parts or sections thereof, except for use by law enforcement
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19 officers responsible for enforcing the traffic laws and the general
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20 laws of the state and federal governments on turnpikes, who shall be
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21 entitled to free use of every such project in the performance of
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22 official duties connected with such turnpike project, and to
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23 contract with any person, partnership, association, or corporation
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24 desiring the use of any part thereof, including the right-of-way
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    Req. No. 797                                              Page 1
 1 adjoining the paved portion, for placing thereon telephone,
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 2 telegraph, electric light or power lines, gas stations, garages,
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 3 stores, hotels, restaurants, and advertising signs, or for any other
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 4 purpose except for tracks for railroad or railway use, and to fix
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 5 the terms, conditions, rents, and rates of charges for such use.
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 6 Such tolls, subject to the other restrictions hereof, shall be so
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 7 fixed and adjusted in respect of the aggregate of tolls from the
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 8 turnpike project or projects in connection with which the bonds of
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 9 any issue shall have been issued pursuant to Section 2 of this act
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10 as to provide a fund sufficient with other revenues, if any, to pay
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11 (a) the cost of maintaining, repairing, and operating such turnpike
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12 project or projects, and (b) the principal of and the interest of
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13 such bonds as the same shall become due and payable, and to create
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14 reserves for such purposes. The tolls and all other revenues
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15 derived from the turnpike project or projects in connection with
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16 which the bonds of any issue shall have been issued, except such
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17 part thereof as may be necessary to pay such cost of maintenance,
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18 repair, and operation and to provide such reserves therefor as may
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19 be provided for in the resolution authorizing the issuance of such
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20 bonds or in the trust agreement securing the same shall be set aside
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21 at such regular intervals as may be provided in such resolution or
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22 such trust agreement in a sinking fund which is hereby pledged to,
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23 and charged with, the payment of (a) the interest upon such bonds as
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24 such interest shall fall due, (b) the principal of such bonds as the
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Req. No. 797  Page 2
 1 same shall fall due, (c) the necessary charges of paying agents for
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 2 paying principal and interest, and (d) the redemption price or the
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 3 purchase price of bonds retired by call or purchase as therein
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 4 provided, which are a charge against such fund. The use and
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 5 disposition of monies to the credit of such sinking fund shall be
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 6 subject to the provisions of the resolution authorizing the issuance
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 7 of such bonds or of such trust agreement. Except as may otherwise
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 8 be provided in such resolution or such trust agreement, such sinking
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 9 fund shall be a fund for all such bonds without distinction or
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10 priority of one over another. The monies in the sinking fund, less
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11 such reserve as may be provided in such resolution or trust
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12 agreement, if not used within a reasonable time for the purchase of
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13 bonds for cancellation as above provided, shall be applied to the
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14 redemption of bonds at the redemption price then applicable. Any
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15 person who leases, rents, or acquires control of any gas station,
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16 garage, store, hotel, or restaurant must have been a resident of, or
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17 been doing business in, Oklahoma for the past five (5) years.
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18 Notwithstanding anything else herein contained to the contrary, the
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19 Corporation Commission of the State of Oklahoma shall exercise the
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20 jurisdiction now or hereafter vested in it to regulate and control
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21 the operation of motor carriers of passengers and freight, using or
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22 desiring to use any turnpike project, in the manner and to the
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23 extent that it regulates or controls such carriers using the
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24 highways of the state. The Authority shall not discriminate against
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Req. No. 797  Page 3
1 any group or class or individual member thereof in fixing the amount
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2 of toll tolls, rents, or charge charges for the use of the turnpike
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3 project.
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4   SECTION 2.    NEW LAW        A new section of law to be codified

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5 in the Oklahoma Statutes as Section 1711.1 of Title 69, unless there
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6 is created a duplication in numbering, reads as follows:
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7   A. The Oklahoma Turnpike Authority shall have legislative

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8 approval before increasing toll rates on any turnpikes in this
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9 state. The Legislature shall give approval by joint resolution for
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10 any increase in rates.
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11  B. The Legislature shall not give approval to any toll rate

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12 increase that gives more than a ten percent (10%) discount to
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13 members of a specific class.
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14  SECTION 3. This act shall become effective November 1, 2025.

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16  60-1-797      MSBB           1/19/2025 5:47:01 AM

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    Req. No. 797                                            Page 4
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