Oklahoma 2022 Regular Session

Oklahoma Senate Bill SB1202 Compare Versions

Only one version of the bill is available at this time.

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53	53	STATE OF OKLAHOMA
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55	55	2nd Session of the 58th Legislature (2022)
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57	57	SENATE BILL 1202 By: Bergstrom
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61	61	AS INTRODUCED
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63	63	An Act relating to the State Auditor and Inspector
64	64	Revolving Fund; modifying amount to be deposited in
65	65	the General Revenue Fund; updating statutory
66	66	language; providing an effective date; and declaring
67	67	an emergency.
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71	71	BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
72	72	SECTION 1. AMENDATORY 74 O.S. 2021 Section 227.9 is
73	73	amended to read as fo llows:
74	74	Section 227.9. There is hereby created in the State Treasury a
75	75	revolving fund for the Office of the State Auditor and Inspector to
76	76	be designated the “State Auditor and Inspector Revolving Fund ”. The
77	77	fund shall be a continuing fund, not subject to fiscal year
78	78	limitations, and shall consist of all money paid to and received by
79	79	the State Auditor and Inspector from state agencies, boards and
80	80	commissions authorized by statute to pay the expense of audits and
81	81	consulting services, money received for perf ormance of audits and
82	82	consulting services pursuant to contract entered into under the
83	83	authority of Section 227.8 of this title, funds received from state
84	84	agencies, boards and commissions receiving federal grants of fund s
85	85	which require periodic audits under said the grants or any federal
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137	137	regulations, all money received from counties, cities, towns and
138	138	public trusts in payment of audit expense, funds appropriated to
139	139	state agencies, boards and commissions for payment of aud it expense,
140	140	and fees collected pursuant t o Section 212A of this title. All
141	141	monies accruing to the credit of said the fund are hereby
142	142	appropriated and may be budgeted and expended by the Office of the
143	143	State Auditor and Inspector for expenses necessary for the
144	144	performance of duties imposed upon the Of fice of the State Auditor
145	145	and Inspector by law. Expenditures from said the fund shall be made
146	146	upon warrants issued by the State Treasurer against claims filed as
147	147	prescribed by law with the Director of the Offic e of Management and
148	148	Enterprise Services for appro val and payment. The State A uditor and
149	149	Inspector shall at the close of each fiscal year pay into the
150	150	General Revenue Fund of the state any unencumbered balance remaining
151	151	in said the revolving fund in excess of Eight Hundred Fifty T housand
152	152	Dollars ($850,000.00) Two Million Dollars ($2,000,000.00).
153	153	SECTION 2. This act shall become effective July 1, 2022.
154	154	SECTION 3. It being immediately necessary for the preservation
155	155	of the public peace, health or safety, an emergency is h ereby
156	156	declared to exist, by reason whe reof this act shall take effect and
157	157	be in full force from and after its passage and approval.
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