OK HB3525

Oklahoma Department of Commerce budget for fiscal year ending June 30, 2015 set to $0.00 across all categories: Community Development, Global Business Services, Operational Support, and Contracts for Community and Economic Development

Executive Director salary capped at an unspecified amount (left blank as "$0.00" placeholder), with duties and compensation of other employees to be determined by the Executive Director

Full-time-equivalent employees limited to 0.0 and lease-purchase agreements limited to $0.00 for fiscal year ending June 30, 2015

Appropriations may be budgeted for FY-15 (ending June 30, 2015) or FY-16 (ending June 30, 2016), with funds encumbered through the respective fiscal year end and expended by November 15 of the following fiscal year

Effective date of July 1, 2014, with emergency clause for immediate implementation upon passage