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OK SB1628
Bill
AI Summary
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Amends 52 O.S. 2011, Section 207 to update statutory language regarding the Interstate Oil Compact Fund of Oklahoma.
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Authorizes the Governor to contract with appropriate entities for the maintenance of the Oklahoma Energy Initiative as created in the Oklahoma Energy Initiative Act and to pay obligations from the Interstate Oil Compact Fund.
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Declares that maintenance of the Oklahoma Energy Initiative is part of accomplishing the objects of The Interstate Compact to Conserve Oil and Gas.
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Becomes effective only upon enactment of Enrolled Senate Bill No. 1627 of the 2nd Session of the 53rd Oklahoma Legislature.
Legislative Description
Energy; authorizing maintenance of Oklahoma Energy Initiative with certain fund.
Oil and Gas
Last Action
Approved by Governor 05/14/2012
5/14/2012