An Act
ENROLLED HOUSE
BILL NO. 1061 By: Boles of the House
and
Paxton of the Senate
An Act relating to public finance; amending 62 O.S.
2011, Section 34.80, as amended by Section 400,
Chapter 304, O.S.L. 2012 (62 O.S. Supp. 2020, Section
34.80), which relates to the Oklahoma State Finance
Act; prohibiting certain funds in the Canceled
Warrant Fund from being transferred into the General
Revenue Fund; and providing an effective date.
SUBJECT: Public finance
BE IT ENACTED BY THE PEOPLE OF THE STA TE OF OKLAHOMA:
SECTION 1. AMENDATORY 62 O.S. 2011, Section 34.80, as
amended by Section 400, Chapter 304, O.S.L. 2012 (62 O.S. Supp.
2020, Section 34.80), is amended to read as follows:
Section 34.80 A. All warrants, checks or orders issued by the
State Treasurer against claims submitted through the Office of
Management and Enterprise Services in payment of obligations of the
state which shall for any cause remain outstanding or unpaid for a
period of ninety (90) days after fund s are available for their
payment shall be revoked and canceled.
B. Such warrants, checks or orders shall be entered into the
records of the Office of Management and Enterprise Services and the
State Treasurer and the administrative head of the agency ce rtifying
the claim for payment shall be notified that such items have been
canceled.
ENR. H. B. NO. 1061 Page 2
C. If, for any reason, a warrant should not be issued to
replace a warrant canceled pursuant to the provisions of this
section, the administrative head of the agency ori ginally certifying
the claim for payment shall, within seven (7) days after
notification of the cancellation, advise the Director of the Office
of Management and Enterprise Services that a reissue should not be
made.
D. Notwithstanding the provisions of subsection B of this
section, warrants issued or caused to be issued by the Department of
Human Services for public assistance or medical assistance may be
reissued at any time within three (3) years after cancellation upon
submission of the canceled warra nts to the Department.
E. No canceled warrants shall be paid, except that the holder
of any warrant that may have been canceled pursuant to the
provisions of this section may, within thirty -six (36) months
following the month in which the warrant was can celed, present the
warrant or an affidavit of loss or destruction , and a request for
reissuance to the Director of the Office of Management and
Enterprise Services.
F. The Director of the Office of Management and Enterprise
Services shall certify a claim as needed for payment of those
verified unpaid requests presented, unless the certifying agency has
advised that a reissuance should not be made.
G. 1. There is hereby created in the State Treasury a fund to
be known as the Canceled Warrant Fund.
2. The Director of the Office of Management and Enterprise
Services shall transfer to the Canceled Warrant Fund the total of
the payable amounts of the warrants canceled pursuant to the
provisions of this section from the funds and accounts against which
the canceled warrants had been drawn.
3. The Office of Management and Enterprise Services shall
disburse from the fund such amounts as necessary to pay warrants
reissued as provided in this section.
4. These expenditures shall remain recorded in the funds and
accounts against which the original canceled warrants were issued
and they shall not be considered expenses of the state nor shall
receipts to the fund be considered revenue to the state.
ENR. H. B. NO. 1061 Page 3
5. Any such claim drawn against the Canceled Warrant Fund shal l
identify the current holder of record and the warrant number of the
canceled warrant, which shall be provided on the warrant record.
H. The Director of the Office of Management and Enterprise
Services shall determine the minimum necessary balance to be
maintained in the Canceled Warrant Fund and on the third Monday of
October shall transfer the amount in excess of the required minimum
balance to the General Revenue Fund of the current year. The
minimum balance retained shall be not less than the total amount of
the warrants canceled by statute within the past thirty -six (36)
months preceding October 1 of each year and which remain eligible
for replacement according to the records of the Office of Management
and Enterprise Services. Provided, funds in t he Canceled Warrant
Fund due to the cancellation of warrants from the Crime Victims
Compensation Fund shall be transferred to the Crime Victims
Compensation Fund and not to the General Revenue Fund.
SECTION 2. This act shall become effect ive November 1, 2021.
ENR. H. B. NO. 1061 Page 4
Passed the House of Representatives the 27th day of April, 2021.
Presiding Officer of the House
of Representatives
Passed the Senate the 12th day of April, 2021.
Presiding Officer of the Senate
OFFICE OF THE GOVERN OR
Received by the Office of the Governor this ____________________
day of ___________________, 20_______, at _______ o'clock _______ M.
By: _________________________________
Approved by the Governor of the State of Oklahoma this _________
day of ___________________, 20_______, at _______ o'clock _______ M.
_________________________________
Governor of the State of Oklahoma
OFFICE OF THE SECRETARY OF STATE
Received by the Office of the Secretary of State this __________
day of ___________________, 20__ _____, at _______ o'clock _______ M.
By: _________________________________