ENGR. S. B. NO. 1087 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 ENGROSSED SENATE BILL NO. 1087 By: Thompson and Hall of the Senate and Wallace and Martinez of the House An Act relating to the Oklahoma Employment Security Commission; making appropriation s; stating purposes; providing for expenditure limitations; providing an effective date; and declaring an emergency . BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. There is hereby appropriated to the Employment Security Administration Fund, out of funds made available to this state by the federal Unemployment Compensation Modernization Transfer made on June 25, 2009, pursuant to Section 903( f) of the Social Security Act, 42 U.S.C., S ection 1103(f), as amended, the sum of Eleven Million Dollars ($11,000,000.00) to be used by the Oklahoma Employment Security Commission for the purpose of paying the administrative expe nses of the following programs in the following amounts: 1. Employer Service Program in the amount of Three Million Dollars ($3,000,000.00); and 2. Unemployment Insurance Program in the amount of Eight Million Dollars ($8,000,000.00). ENGR. S. B. NO. 1087 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 The funds appropriated by this section shall be expended before December 15, 2023. Expenditures from this appropriation shall be accounted for in accordance with standards established by the United States Secretary of Labor. The Oklahoma Employment Security Commission shall utilize the appropriation made by this sec tion in accordance with the provisions and requirements contained in the Social Security Act, Title 42 of the United States Code. SECTION 2. This act shall become effective July 1, 2022. SECTION 3. It being immediately nec essary for the preservatio n of the public peace, health or safety, an emergency is hereby declared to exist, by reason whereof this act shall take effect and be in full force from and after its passage and approval. Passed the Senate the 19th day of April, 2022. Presiding Officer of the Senate Passed the House of Representatives the ____ day of _ _________, 2022. Presiding Officer of the House of Representatives