House Approves Bill to Help Municipalities Repair Roads Impacted by Oil and Gas Industry

The Marlow Review

March 9, 2022

Legislation to create an annual $5 million fund to offset the fiscal impact of the roads negatively impacted by the oil and gas industry on small municipalities' roads passed the Oklahoma House unanimously Tuesday. House Bill 3037, authored by House Energy Committee Chair Rep. Brad Boles, R-Marlow, creates the Municipal Road Drilling Activity Revolving Fund. The fund will receive $5 million annually from funds received by the Oklahoma Dept. of Transportation (ODOT) through sales tax that is already being collected by the Red-Dyed Diesel sales tax. This will not increase the sales tax, but instead re-appropriate $5 million already collected from the Red-Dyed Diesel sales tax each year from the state's general fund to this newly created municipal road activity revolving fund.

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