A. There is hereby created the Oklahoma State Safety Oversight Program. Oversight for the program shall be provided by the Oklahoma Department of Transportation. The Department shall develop and enforce the Oklahoma State Safety Oversight Program standards for all private and public rail fixed-guideway public transportation systems statewide that are not administered by the federal Railroad Administration. The Department shall have the complete authority to implement, enforce and oversee the Oklahoma State Safety Oversight Program in accordance with requirements outlined in the 49 CFR, Section 674, as amended.

B. The Department is hereby authorized to apply for, receive and expend federal State Safety Oversight Program funds in strict accordance with applicable state and federal law, rules and regulations.