2020 Oklahoma Statutes
Title 62. Public Finance
§62-46.5. State Revenue Apportionment Evaluation Commission.

A. There is hereby created until July 1, 2023, the "State Revenue Apportionment Evaluation Commission".

B. The Commission shall consist of nine (9) members to be appointed or selected as follows:

1. Two persons appointed by the Governor;

2. Two persons to be appointed by the Speaker of the Oklahoma House of Representatives, one member of the majority party and one member of the minority party;

3. Two persons to be appointed by the President Pro Tempore of the Oklahoma State Senate, one member of the majority party and one member of the minority party;

4. The Executive Director of the Oklahoma Tax Commission or a designee;

5. The Director of the Office of Management and Enterprise Services or a designee; and

6. The State Treasurer or a designee.

C. Any person appointed to the Commission pursuant to subsection B of this section shall serve at the pleasure of the appointing authority and may be removed by such appointing authority without cause.

D. The Commission shall hold an organizational meeting not later than sixty (60) days after the effective date of this act and shall select from among its membership a chair and vice-chair.

E. The Commission shall be subject to the provisions of the Oklahoma Open Meeting Act and the Oklahoma Open Records Act.

F. The Commission shall be authorized to meet as often as required in order to perform the duties imposed upon it by law.

G. Staff assistance to the Commission shall be provided by the Oklahoma House of Representatives, the Oklahoma State Senate, the Office of Management and Enterprise Services and the Oklahoma Tax Commission.

H. The Commission shall analyze the state revenue system with special emphasis on the amount of revenue which is apportioned for purposes other than expenditures from the General Revenue Fund of the State Treasury. The Commission shall prepare a summary, within one hundred twenty (120) days after the end of each fiscal year, of the revenue sources which are apportioned to destinations other than the General Revenue Fund, the amount of revenue apportioned to those sources or purposes and the tax or other revenue system from which the apportionment is derived, the total amount of revenue from the state tax and revenue structure that is apportioned for purposes other than expenditures from the General Revenue Fund, a summary of any changes to apportionments enacted during the immediately preceding regular session of the Legislature and any other information which the Commission determines to be necessary for a complete analysis of the topic of apportioned revenues.

I. The annual report required by subsection H of this section shall be delivered to the Governor, the Speaker of the Oklahoma House of Representatives and the President Pro Tempore of the State Senate by the deadline prescribed in subsection H of this section. The annual report shall also be posted to the Internet website of the Oklahoma Tax Commission.

Added by Laws 2019, c. 300, § 1, eff. July 1, 2019.