Bill Summary: SB 117

• Establishes budgeting requirements for the Oklahoma Space Industry Development Authority for fiscal year ending June 30, 2010, with all categories (Administration, Operations, Federal Funds) budgeted at $0.00

• Authorizes the Chief Executive Officer to set employee duties and compensation, with the CEO salary capped at $0.00 per annum, payable monthly

• Limits the Authority to 0.0 full-time-equivalent employees and $0.00 in lease-purchase agreements for fiscal year 2010

• Becomes effective September 1, 2009