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ENGROSSED HOUSE
BILL NO. 3943 By: Dollens and Provenzano of
the House
and
Dahm of the Senate
An Act relating to school funding; directing certain
agencies to submit quarterly expenditure and
disbursement reports to the Legislature; prescribing
timing for report submission; mandating information
to be included in report ; providing for form at of
report; mandating report be published on Department
website; requiring designa tion of certain Department
employee; defining term; and providing for
codification.
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. NEW LAW A new se ction of law to be codified
in the Oklahoma Statutes as Section 3-104.12 of Title 70, unless
there is created a duplication in numbering, reads as follows:
A. Beginning October 1, 2024, the ten state agencies which
received the highest cumulative funding in the prior year's most
recent fiscal year budget passed by the Legislature shall compile
and submit quarterly reports to the Oklahoma House of
Representatives and th e Oklahoma State Senate detailing all
expenditures and disbursements made by those ten agencies during the
preceding quarter.
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B. The quarterly reports shall be submitted within thirty (30)
days after the end of the relevant quarter and shall include, for
each expenditure or disbursement:
1. The date of the expenditure or disbursement;
2. The amount of the expenditure or disbursement;
3. A brief description of the category and purpose of the
expenditure or disbursement; and
4. The specific source of funds used for the expenditu re or
disbursement including, but not limited to, state funds, federal
funds, grant funds, private funds, or funds from any other source.
C. The quarterly reports shall be submitted to the Legislature
in both electronic and hard copy format. The agencies shall also
publish the quarterly report s on their websites within ten (10) days
of submitting the report s to the Legislature. Each agency shall
designate an employee of the agency who can verify the accuracy of
the quarterly reports and answer any questions about the information
contained in the report s.
D. As used in this section, "expenditure" means any payment of
money made by the agency or the Board in pursuit of its functions
and duties, regardless of the source of the funds.
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Passed the House of Representatives the 13th day of March, 2024.
Presiding Officer of the House
of Representatives
Passed the Senate the ___ day of __________, 2024.
Presiding Officer of the Senate