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STATE OF OKLAHOMA
2nd Session of the 58th Legislature (2022)
COMMITTEE SUBSTITUTE
FOR
HOUSE BILL NO. 4468 By: Wallace and Martinez of the
House
and
Thompson and Hall of the
Senate
COMMITTEE SUBSTITUTE
An Act relating to the Oklahoma Center for the
Advancement of Science and Technology; requiring that
portions of certain appr opriated funds be utilized
for certain purposes; providing budgeting and
expenditure limitations and procedures; providing
lapse date; requiring and prohibiting certain budget
procedures; and providing for noncodification .
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. NEW LAW A new section of law not to be
codified in the Oklahoma Statutes reads as follows:
From the funds appropriated to the Oklahoma Center for the
Advancement of Scien ce and Technology in Enrolled Senate Bill No.
1040 of the 2nd Session of the 58th Oklahoma Legislature, One
Million Eight Hundred Thousand Dollars ($1,800,000.00) shall be
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allocated to the Oklahoma Manufacturing Alliance for the purpose of
Industrial Extension Services.
SECTION 2. NEW LAW A new section of law not to be
codified in the Oklahoma Statutes reads as follows:
From the funds appropriated to the Oklahoma Center for the
Advancement of Science and Technology i n Enrolled Senate Bill No.
1040 of the 2nd Session of the 58th Oklahoma Legislature, Two
Hundred Eighty-two Thousand Dollars ($282,000.00) shall be allocated
to the Oklahoma Small Business Research Assistance.
SECTION 3. NEW LAW A new section of law not to be
codified in the Oklahoma Statutes reads as follows:
From the funds appropriated to the Okl ahoma Center for the
Advancement of Science and Technology in Enrolled Senate Bill No.
1040 of the 2nd Session of the 58th Oklahoma Legislature, Four
Hundred Fifty Thousand Dollars ($450,000.00) shall be allocated to
the Inventors Assistance Services .
SECTION 4. Appropriations mad e by this act, not including
appropriations made for capital outlay purposes, may be budgeted for
the fiscal year ending June 30, 2023 (hereafter FY-23) or may be
budgeted for the fiscal year ending June 30, 2024 (hereafter FY-24).
Funds budgeted for FY-23 may be encumbered only through J une 30,
2023, and must be expended by November 15, 2023. Any funds
remaining after November 15, 2023, and not budgeted for FY-24, shall
lapse to the credit of the proper fu nd for the then current fiscal
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year. Funds budgeted for FY-24 may be encumbered on ly through June
30, 2024. Any funds remaining after November 15, 2024, shall lapse
to the credit of the proper fund for the then current fiscal year.
These appropriations may not be budgeted in both fiscal years
simultaneously. Funds budgeted in FY-23, and not required to pay
obligations for that fi scal year, may be budgeted for FY-24, after
the agency to which the funds have been appropriated has prepa red
and submitted a budget work program revision removing these funds
from the FY-23 budget work program and after such revision has been
approved by the Office of Management and Enterprise Services.
58-2-11594 JM 05/17/22