Bill Summary: HB 2447

• Appropriates funds to the Oklahoma Department of Veterans Affairs from the General Revenue Fund for fiscal year ending June 30, 2011, in amounts to be specified for operational duties prescribed by law.

• Establishes budgeting requirements across five categories: Central Administration, Nursing Facilities, Claims and Benefits, Capital Lease, and State Accrediting Agency, with specific dollar allocations for each.

• Sets budgetary limitations on full-time-equivalent employees and lease-purchase agreements, with the Director's salary not to exceed a specified amount per annum.

• Allows appropriated funds to be budgeted for either FY-11 or FY-12, with funds encumbered by June 30 of their respective year and must be expended by November 15, preventing simultaneous budgeting in both years.

• Declares an emergency effective July 1, 2010, allowing the act to take effect immediately upon passage and approval by the Governor.