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OK HB2971

Bill

Status

Passed

5/28/2010

Primary Sponsor

Paul Roan

Click for details

Origin

House of Representatives

2010 Regular Session

AI Summary

  • Expands the exemption from General Revenue Fund apportionment to include interest received on investments from the Emergency and Transportation Revolving Fund

  • Redirects investment interest earned by the Emergency and Transportation Revolving Fund to the Statewide Circuit Engineering District Revolving Fund instead of keeping it in the originating fund

  • Updates statutory references from "this act" to specific Title 69 section numbers (506 and 507) for the High Priority State Bridge Revolving Fund and County Improvements for Roads and Bridges Fund

  • Declared an emergency measure, taking effect immediately upon passage and approval

Legislative Description

Emergency and Transportation Revolving Fund; relating to the apportionment of monies to the General Revenue Fund; crediting investment interest to the Statewide Circuit Engineering District Revolving Fund. Emergency.

Motor Vehicles and Transportation

Last Action

Approved by Governor 06/06/2010

5/28/2010

Committee Referrals

Appropriations General Government and Transportation Sub3/22/2010
Transportation2/2/2010

Full Bill Text

No bill text available