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STATE OF OKLAHOMA
1st Session of the 58th Legislature (2021)
SENATE BILL 1039 By: Thompson and Hall of the
Senate
and
Wallace and Hilbert of the
House
AS INTRODUCED
An Act relating to appropriations; making an
appropriation to the Oklahoma State Regents for
Higher Education; stating purpose; providing lapse
dates; requiring and prohibiting certain budget
procedures; and declaring an emergency.
BE IT ENACTED BY THE PEOPLE OF THE STAT E OF OKLAHOMA:
SECTION 1. There is hereby appropriated to the Oklahoma State
Regents for Higher Education from any monies not otherwise
appropriated from the General Revenue Fund of the State Treasury for
the fiscal year ending June 30, 202 2, the sum of One Hundred
Thousand Dollars ($100,000.00) or so much the reof as may be
necessary to perform the duties imposed upon the Oklahoma State
Regents for Higher Education by law.
SECTION 2. Appropriations made by this act, not including
appropriations made for cap ital outlay purposes, may be budgeted for
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the fiscal year ending June 30, 2022 (hereafter FY-22), or may be
budgeted for the fiscal year ending June 30, 202 3 (hereafter FY-23).
Funds budgeted for FY -22 may be encumbered only through June 30,
2022, and must be expended by November 15, 202 2. Any funds
remaining after November 15, 2022, and not budgeted for FY -23, shall
lapse to the credit of the proper fund for the then curre nt fiscal
year. Funds budgeted for FY -23 may be encumbered only through June
30, 2023. Any funds remaining after November 15, 202 3, shall lapse
to the credit of the proper fund for the then current fiscal year.
These appropriations may not be budgeted i n both fiscal years
simultaneously. Funds budgeted in FY -22 and not required to pa y
obligations for that fiscal year, may be budgeted for FY -23, after
the agency to which the funds have been appropriated has prepared
and submitted a budget work program re vision removing these funds
from the FY-22 budget work program and after such revis ion has been
approved by the Office of Management and Ente rprise Services.
SECTION 3. It being immediately necessary for the preservation
of the public peace, health or safety, an emergency is hereby
declared to exist, by reason whereof th is act shall take effect and
be in full force from and aft er its passage and approval.
58-1-1781 LG 2/11/2021 2:39:28 PM