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OK SB1970
Bill
Status
5/8/2012
Primary Sponsor
Scott Martin
Click for details
AI Summary
Senate Bill 1970 Summary
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Amends 62 O.S. 2011, Section 34.54, relating to the General Revenue Cash-flow Reserve Fund to clarify terminology and procedures.
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Replaces numbered subsections (1-4) with lettered subsections (A-E) for improved clarity and reference consistency.
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Maintains the existing purpose and mechanics of the Cash-flow Reserve Fund to provide cash availability for July allocations and equalize monthly state funding distributions.
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Effective July 1, 2012, with emergency declaration for immediate implementation.
Legislative Description
Public finance; creating State Capitol Park Renovation and Maintenance Revolving Fund. Emergency.
Government
Last Action
Reported Do Pass, amended by committee substitute Joint Committee on Appropriations and Budget committee; JCR filed
5/22/2012