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OK HB1025
Bill
Status
2/2/2015
Primary Sponsor
George Faught
Click for details
AI Summary
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Amends Section 3909 of the Oklahoma Sunset Law to remove obsolete references to specific termination lists (Sections 3903-3908) while maintaining the general wind-down procedures for terminated statutory entities
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Repeals 74 O.S. 2011, Sections 3903, 3904, 3905, 3906, 3907, and 3908, which contained omnibus lists of termination dates for certain statutory entities
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Terminated entities retain full powers and functions during a one-year wind-down period, after which the entity and personnel positions are abolished
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One year after termination, the State Treasurer transfers remaining entity funds to the General Revenue Fund and pays outstanding debts; equipment and supplies transfer to the Office of Management and Enterprise Services
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Effective date: November 1, 2015
Legislative Description
Sunset; omnibus lists of termination of certain statutory entities; effective date.
Government
Last Action
CR; Do Pass, amended by committee substitute Administrative Rules Committee
2/25/2015