2020 Oklahoma Statutes
Title 69. Roads Bridges and Ferries
§69-412. Revenue sources.

Universal Citation: 69 OK Stat § 69-412 (2020)

A. In order to administer the State Infrastructure Bank, the following sources of revenues may be utilized:

1. Monies from the State Infrastructure Bank Revolving Fund pursuant to the federal National Highway System Designation Act of 1995 and credit assistance pursuant to the Transportation Infrastructure Finance and Innovation Act of 1998;

2. Loan processing fees; and

3. Appropriations from the General Revenue Fund or other funds as may be provided for this purpose.

B. All funds to be utilized for administration by the Department of Transportation shall be subject to annual appropriation by the Legislature.

Added by Laws 1998, c. 292, § 11, eff. Nov. 1, 1998. Amended by Laws 2012, c. 356, § 6, eff. Nov. 1, 2012.

Disclaimer: These codes may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.