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OK HB2767

Bill

Status

Engrossed

5/20/2025

Primary Sponsor

Trey Caldwell

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • State Treasurer shall transfer $180,000,000 from the Perform Fund (Section 3646.5 of Title 68, Oklahoma Statutes) to the ROA-25 Revolving Fund created under Enrolled House Bill No. 2781 of the 1st Session of the 60th Oklahoma Legislature.

  • Oklahoma Department of Commerce is authorized to transfer $75,000,000 to the ROA-25 Revolving Fund from monies appropriated to it by Section 1 of Enrolled Senate Bill No. 1179 of the 1st Session of the 59th Oklahoma Legislature.

  • Total of $255,000,000 is directed to the ROA-25 Revolving Fund through both transfers.

  • All transferred funds must be budgeted and expended in accordance with law.

Legislative Description

ROA-25 Revolving Fund; requiring transfer from certain fund to the ROA-25 Revolving Fund; transfer; amounts; budgeting and expenditure requirements.

Last Action

Direct to Calendar

5/21/2025

Committee Referrals

Appropriations and Budget2/4/2025

Full Bill Text

No bill text available