1. A. In addition to other vehicle registration fees specified by law, there is levied and there shall be paid to the Oklahoma Tax Commission a fee of One Dollar ($1.00) upon every vehicle to be registered. The fee shall accrue and shall be collectible upon each vehicle under the same circumstances and shall be payable in the same manner and times as apply to vehicle registrations under the provisions of the Oklahoma Vehicle License and Registration Act; provided, the fee shall be paid in full for the then current year at the time any vehicle is first registered in a calendar year.

2. B. Revenue from the fee levied in subsection A of this section shall be apportioned as follows:

   1. 1. Fifty percent (50%) of the revenues shall be credited to the General Revenue Fund in the State Treasury; and
   2. 2. Fifty percent (50%) of the revenues shall be deposited to the Oklahoma Law Enforcement Retirement Fund; provided, the first Five Hundred Thousand Dollars ($500,000.00) of the revenues apportioned pursuant to the provisions of this paragraph each fiscal year shall be deposited to the Department of Public Safety Patrol Vehicle Revolving Fund created in Section 854.1 of Title 47 of the Oklahoma Statutes for the purpose of purchasing patrol vehicles.
3. C. The collection and payment of the fees specified in this section shall be a prerequisite to license or registration of any vehicles.

Laws 2001, HB 1081, c. 153, § 8, emerg. eff. July 1, 2001 (effective date amended by Laws 2001, HB 1728, c. 246, § 1, emerg. eff. May 23, 2001, and by Laws 2001, HB 1308, c. 361, § 13, emerg. eff. June 4, 2001).