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OK SB853
Bill
Status
5/8/2017
Primary Sponsor
Leslie Osborn
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AI Summary
Senate Bill 853 Summary
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Appropriates $100,000 to the Oklahoma State Regents for Higher Education from the General Revenue Fund for fiscal year ending June 30, 2018.
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Funds may be budgeted for either FY-18 (ending June 30, 2018) or FY-19 (ending June 30, 2019), but not both simultaneously.
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FY-18 funds must be encumbered by June 30, 2018 and expended by November 15, 2018; any remaining funds lapse unless rebudgeted for FY-19 with Office of Management and Enterprise Services approval.
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FY-19 funds may be encumbered only through June 30, 2019, with remaining funds lapsing after November 15, 2019.
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Effective July 1, 2017, with emergency declaration for immediate implementation.
Legislative Description
Appropriations; making an appropriation to the Oklahoma State Regents for Higher Education; effective date. Emergency.
Last Action
Second Reading referred to Joint Committee on Appropriations and Budget
5/9/2017