Transportation; modifying certain apportionment; creating the Municipal Improvements for Roads and Bridges Fund. Effective date. Emergency.

SB 173 creates the Municipal Improvements for Roads and Bridges Fund to redirect excess road and bridge funding that previously went to the General Revenue Fund. It modifies Oklahoma's apportionment system for vehicle license and registration fees, shifting any funds exceeding the 2015 school district allocation limit (36.20%) to this new municipal fund instead. The bill directly affects Oklahoma municipalities by providing dedicated funding for local road and bridge maintenance and improvements. Key provisions require the Transportation Commission to establish rules for distributing these funds, with the fund becoming operational starting July 1, 2019, as specified in the bill.