Oklahoma Senate Bill SB1160

Oklahoma 2023 Regular Session

• Introduced: 2/20/23
• Refer: 2/22/23

Caption

Appropriations; making an appropriation to the Oklahoma Department of Commerce. Emergency.

Impact

This bill is designed to streamline funding processes for the Oklahoma Department of Commerce, particularly emphasizing adherence to the state's fiscal year guidelines. By establishing clear deadlines for the encumbrance and expenditure of funds, the bill aims to ensure that financial resources are utilized efficiently and that any unspent funds do not create prolonged liabilities against the state budget. This could assist in maintaining fiscal responsibility and transparency in the department's operations.

Summary

Senate Bill 1160, introduced during the 1st Session of the 59th Legislature of Oklahoma, is an appropriations bill that allocates funds specifically to the Oklahoma Department of Commerce. The bill designates an appropriation of $100,000 for the fiscal year ending June 30, 2024, for the department to fulfill its mandated duties. The allocated funds can be encumbered through the specified fiscal year or the following year, thereby ensuring that the finances are managed effectively within the state budget cycle.

Contention

While the bill includes provisions that may seem straightforward, the notion of appropriating funds under the condition of an emergency raises questions about the urgency and necessity of the allocation. Critics may challenge the emergency declaration by seeking clarity on why this need arises now, potentially questioning whether the bill is an appropriate response to current economic conditions or departmental demands. The implications of emergency funding often warrant scrutiny regarding the long-term planning and sustainability of appropriations for state departments.