Summary of SB1491

• Appropriates funds from the General Revenue Fund to the University Hospitals Authority for fiscal year ending June 30, 2011, with the amount to be determined (currently listed as $0.00).

• Requires the University Hospitals Authority to budget all funds and develop outcome-based performance measures for each budget category.

• Authorizes the University Hospitals Authority to set employee duties and compensation as necessary, subject to specified budgetary limitations including full-time-equivalent employees (0.0) and lease-purchase agreements ($0.00).

• Limits the Authority's budgetary authority except as authorized under Section 3603 of Title 74 of the Oklahoma Statutes.

• Effective date is September 1, 2010.