HB 2512 Summary

• Appropriates funds to the Oklahoma Historical Society for fiscal year ending June 30, 2011, with specific budget allocations across five categories: Administration, Museums & Sites, Preservation, Education/Membership Services, and Research (all amounts listed as $0.00).

• Establishes salary limitations for the Executive Director and Deputy Executive Director of the Oklahoma Historical Society, with specific dollar amounts to be determined, payable monthly for FY 2011.

• Implements budgetary limitations on full-time-equivalent employees and expenditures, excluding capital and special projects, for the fiscal year ending June 30, 2011.

• Specifies that appropriated funds may be budgeted for either FY 2011 or FY 2012, with funds from FY 2011 required to be expended by November 15, 2011, and FY 2012 funds by November 15, 2012.

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