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OK SB248
Bill
Status
2/3/2025
Primary Sponsor
Kristen Thompson
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AI Summary
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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.
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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.
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Prohibits funds derived from real property transactions from being expended for employee compensation of any state agency.
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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.
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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