Loading chat...

OK SB248

Bill

Status

Introduced

2/3/2025

Primary Sponsor

Kristen Thompson

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Amends 74 O.S. 2021, Section 2251 to clarify the Oklahoma Tourism and Recreation Department Revolving Fund receives monies from the Oklahoma Tourism, Parks and Recreation Enhancement Act, real property transactions, and investment interest.

  • Designates that monies from the sale, transfer, lease, or other conveyance of real property under the Tourism and Recreation Commission shall be appropriated exclusively for maintenance and capital projects of state parks.

  • Prohibits funds derived from real property transactions from being expended for employee compensation of any state agency.

  • Establishes that all other fund expenditures support the Department's administration, operation, maintenance expenses, and purchase of real property, made through warrants issued by the State Treasurer.

  • Effective date: November 1, 2025.

Legislative Description

Oklahoma Tourism and Recreation Department Revolving Fund; modifying designation of funds from monies derived from real property sales. Effective date.

Last Action

Placed on General Order

3/3/2025

Committee Referrals

Appropriations2/11/2025
Economic Development, Workforce and Tourism2/4/2025

Full Bill Text

No bill text available