OK SB1442

Appropriates $22,000,000 from the Special Cash Fund to the Office of State Finance for transfer to the Voluntary Buy-Out Agency Reimbursement Revolving Fund

Funds will support a voluntary buyout program to achieve payroll and operational savings in fiscal year ending June 30, 2011

The appropriation is not subject to fiscal year limitations and remains available for 30 months from the date of approval

Passed both the Senate and House of Representatives on April 21, 2010

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