HB 1213 Summary

• Appropriates funds from the General Revenue Fund to the Oklahoma Corporation Commission for fiscal year ending June 30, 2016, with the specific dollar amount to be determined.

• Requires the Corporation Commission to budget all funds across eight operational categories: Administration, Consumer Services, Petroleum Storage Tank Division, Oil and Gas Conservation Division, Office of Administrative Proceedings, Public Utility Division, Office of General Counsel, and Transportation Division.

• Limits the Corporation Commission to 0.0 full-time-equivalent employees and $0.00 in lease-purchase agreements, excluding direct expenditures for well plugging, pit closure, and site remediation authorized by statute.

• Permits appropriations to be budgeted for fiscal year 2016 or 2017 (but not both simultaneously), with funds encumbered through June 30 of the respective year and expended by November 15, with remaining funds lapsing to the proper fund.

• Takes effect July 1, 2015.