Oklahoma Turnpike Authority; requiring the Oklahoma Turnpike Authority to develop and submit certain plan. Effective date. Emergency.

SB 1635 requires the Oklahoma Turnpike Authority to create and submit a comprehensive plan for dissolving the agency by December 31, 2027. The plan must cover selling assets, transferring turnpike infrastructure to the state Department of Transportation, using surplus funds to pay off debts (prioritizing high-interest obligations), and analyzing costs for taxpayers and the state. If the Authority misses the deadline or submits an incomplete plan, it cannot issue new bonds, raise tolls, or start new projects, and faces $1,000 daily fines until compliant. The law takes effect July 1, 2026.