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OK HB1118
Bill
Status
2/7/2011
Primary Sponsor
Scott Martin
Click for details
AI Summary
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Appropriates funds to the Oklahoma Space Industry Development Authority to be transferred to the Oklahoma Space Industry Development Authority Revolving Fund
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Establishes budgetary categories and spending limits for General Operations at $0.00 for fiscal year ending June 30, 2012
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Sets salary limitation for the Executive Director at $0.00 per annum and limits full-time-equivalent employees to 0.0 and lease-purchase agreements to $0.00
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Governs fund encumbrance and expenditure deadlines, requiring FY-12 funds to be expended by November 15, 2012 and FY-13 funds by November 15, 2013, with remaining funds lapsing to the proper fund
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Becomes effective September 1, 2011
Legislative Description
Oklahoma Space Industry Development Authority; appropriation; purpose; category limitations; duties; salary limitation; transfer; budgetary limitations; nonfiscal; effective date.
Appropriations
Last Action
Second Reading referred to Appropriations and Budget
2/8/2011