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OK SB1128
Bill
AI Summary
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Increases the annual utilization requirement of the Oklahoma State Park Trust Fund principal from 5% to 10%.
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Expands allowable uses of Trust Fund monies to include personnel costs, training, vehicles, and equipment for park rangers and naturalists.
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Maintains restriction that Trust Fund cannot be used for routine maintenance expenses of state parks.
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Effective date: July 1, 2012, with emergency clause allowing immediate implementation.
Legislative Description
State Parks; modifying the Oklahoma State Park Trust Fund. Effective date. Emergency.
Government
Last Action
Pending authorship Representative(s) Osborn
2/14/2012
Committee Referrals
Appropriations Natural Resources Sub2/9/2012
Appropriations2/7/2012
Full Bill Text
No bill text available