Senate Bill 1964 Summary

• Establishes budget allocations for the Oklahoma Center for the Advancement of Science and Technology (OCSAT) for fiscal year ending June 30, 2013, with all funds budgeted at $0.00 across research and development, technology transfer, and administration categories.

• Requires OCSAT to develop outcome-based performance measures for each budget category to track organizational effectiveness.

• Limits the salary of OCSAT's Executive Director to be determined by the legislature (amount left blank in bill text), payable monthly for fiscal year 2013.

• Caps OCSAT full-time-equivalent employees at 0.0 and lease-purchase agreements at $0.00, excluding capital and special projects authorized under Oklahoma Statutes Title 74, Section 3603.

• Makes the act effective September 1, 2012.