OK HB2352

Reduces appropriation to State Board of Education from General Revenue Fund for fiscal year ending June 30, 2010, from $1,181,194,400 to $999,591,415 for public school financial support

Increases expenditure authorization for Education Stabilization component of American Recovery and Reinvestment Act Fund from $167,559,651 to $204,711,616

Increases expenditure authorization for Common Education Technology Revolving Fund from $33,196,893 to $47,372,299 for public school financial support

Appropriates $15,655,598 from Special Cash Fund and $193,714,976 from Constitutional Reserve Fund (split as $50,000,000 for Education Reform Revolving Fund shortfall and $143,714,976 for public school support)

Makes appropriations from Sections 4-6 exempt from fiscal year limitations with 30-month encumbrance and expenditure period; declares emergency effective upon passage