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OK SB1290

Bill

Official Source

Status

Introduced

2/1/2016

Primary Sponsor

John Sparks

Click for details

Origin

Senate

2016 Regular Session

AI Summary

  • Requires a two-thirds (2/3) supermajority vote in both the Senate and House of Representatives to transfer funds from state agency revolving funds or other non-appropriated funding sources

  • Transfers from these protected funding sources must also be submitted to the Governor for approval

  • Would be codified as Section 34.38.1 of Title 62 in Oklahoma Statutes

  • Effective date of July 1, 2016, with an emergency clause for immediate implementation upon passage

Legislative Description

Public finance; prohibiting transfer of certain revenues without certain vote. Effective date.

Last Action

Second Reading referred to Appropriations

2/2/2016

Committee Referrals

Appropriations2/2/2016

Full Bill Text

No bill text available