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HOUSE OF REPRESENTATIVES - FLOOR VERSION
STATE OF OKLAHOMA
2nd Session of the 59th Legislature (2024)
HOUSE BILL 4013 By: McBride and Menz of the
House
and
Pugh of the Senate
AS INTRODUCED
[ Higher Education Capital Financing Act - Higher
Education Capital Needs Evaluation Committee -
annual reporting - Higher Education Capital Needs
Five-Year Forecast - Higher Education Capital
Financing Fund - budgeting procedures - memoranda
of understanding - legal status - apportionment of
income tax collections - powers and duties of the
Oklahoma State Regents for Highe r Education - dual
office holding exemption – noncodification –
codification - effective date ]
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 foll ows:
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This act shall be known and may be cited as the "Higher
Education Capital Financing Act".
SECTION 2. NEW LAW A new section of law to be cod ified
in the Oklahoma Statutes as Sectio n 2244 of Title 70, unless there
is created a duplication in numbering, reads as follows:
A. There is hereby created the Oklahoma State System of Higher
Education Capital Needs Evaluation Committee.
B. The Committee shall consist of the following persons:
1. Three (3) persons to be appointed by the Governor;
2. One person to be appointed by the S peaker of the Oklahoma
House of Representatives, who shall have at least ten (10) years
demonstrated experience in the construction industry, whether as a
general contractor or a combination of experience as a general
contractor along with other constructi on-related experience;
3. One person to be appointed by the P resident Pro Tempore of
the Oklahoma State S enate, who shall have at least ten (10) years
demonstrated experience in the construction industry, wh ether as a
general contractor or a combination of experience as a general
contractor along with other construction -related experience;
4. One person to be appoint ed by the Board of Regents of the
University of Oklahoma;
5. One person to be appoint ed by the Board of Regents of
Oklahoma State University ;
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6. One person to be appointed by the Board of Regents for the
Regional University System of Oklahoma ; and
7. One person to be appointed by the board of regents for non-
system-affiliated public colleges .
C. The Committee shall be authorized to meet as often as
required in order to perform the duties imposed upon it pursuant to
law. The Committee shall select from among its membership a chair
and co-chair. A majority of the members of the Committee shall be
required to give final approval to the list of capital projects for
each funding period as prescribed by subsection D of this section.
D. The Committee shall evaluate the capital requirements fo r
The Oklahoma State System of Higher Education each year and shall
establish a schedule for the projects and make recommendations to
the Governor and to the Legislat ure according to the provisions of
subsection E of this section.
E. Beginning December 31, 2 024, and no later than December 31
each year thereafter, the Higher Education Capital Needs Evaluation
Committee shall submit in written or electronic format to the
Governor, the Speaker of the Oklahoma House of Representatives, the
President Pro Tempore of the Oklahoma State Senate, the
Appropriations and Budget Chair of the Oklahoma House of
Representatives, and the Appropriation s Chair of the Oklahoma State
Senate an annual report on the infrastructure and construction n eeds
of The Oklahoma State System of Higher Education. The annual report
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shall be known and may be cited as the Higher Education Capita l
Needs Five-Year Forecast, and shall include:
1. Infrastructure and construct ion projects listed in or der of
priority and critical need;
2. Cost estimates for each specific project listed in paragraph
1 of this subsection;
3. Completion timeline for ea ch specific project listed in
paragraph 1 of this subsection ; and
4. A summary of the status of pr ojects previously funded and
currently being funded pursuant to the provisions of the Higher
Education Capital Financing Act.
F. Each funding cycle beginning with the report submitted not
later than December 31, 2024, shall provide an allocation of Two
Hundred Million Dollars ($200,000,000.00) for the capital projects
submitted for approval by the Committee.
SECTION 3. NEW LAW A new se ction of law to be codifie d
in the Oklahoma Statutes as Section 188B of Title 73, unless there
is created a duplication in numbering, reads as follows:
There is hereby created in the State Treasury a revolvin g fund
for the Oklahoma Capitol Improvement Auth ority to be designated the
"Higher Education Capital Financing Fund". The fund shall be a
continuing fund, not subject to fiscal year limitations, and shall
consist of all monies received by the Oklah oma Capitol Improvement
Authority eligible under law an d directed for deposit. All monies
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accruing to the credit of said fund are hereby appropriated and may
be budgeted and expended by the Oklahoma Capitol Improve ment
Authority for capital projects specifically and exclusively as
authorized by law. Such budgeting and expenditure sha ll strictly
adhere to the specific terms, limitat ions, purposes, and
requirements described in such authorizations and in this act.
Expenditures from said fund shall be made upon warrants issued by
the State Treasurer against cla ims filed as prescribed by law with
the Director of the Office of Management and Enterprise Services for
approval and payment.
SECTION 4. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as Section 188C of Title 73, unless there
is created a duplication in numbering, reads as follows:
A. The Oklahoma Capitol Improv ement Authority shall be
authorized to enter into memor anda of understanding with the
Oklahoma State Regents for Higher Education as provided by law and
with the board of regents for non-system-affiliated public colleges
and as deemed necessary by the Authority to admini ster expenditures
from and deposits to the Higher Education Capital Financing Fund;
provided that such memoranda of understanding do not conflict with
or impede the administration of capital projects specifically
authorized by law. Such memoranda of under standing shall not
constitute a legal obligation of the State of Oklahoma.
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B. Limited to the extent required for projects specifically
authorized through the Higher Education Capital Financing Act, the
Oklahoma Capitol Improv ement Authority shall be autho rized to:
1. Acquire real property t ogether with improvement s located
thereon and personal property;
2. Provide for the construction o f improvements to real
property and provide funding for repairs, refurbishments, and
improvements to real and personal p roperty;
3. Hold title to propert y and improvements as necessary to
comply with legal directives and authorizations; and
4. Lease, transfer, and otherwise legall y dispose of property
and improvements as necessary to comply wi th legal directives and
authorizations.
C. No later than January 15 annually, the Oklahoma Capitol
Improvement Authority shall submit electronically to the Governor ,
the Speaker of the Oklaho ma House of Representatives, the President
Pro Tempore of the Oklahoma State Senate, the Appr opriations and
Budget Chair of the Oklahoma House of Representatives, and the
Appropriations Chair of the Oklahoma State Senate a report detailing
impacts to the balance of the Higher Education Capital Financing
Fund occurring in the prior calendar year, i ncluding, but not
limited to, all distributions, expenditures, collections, deposits,
and investment returns of the Higher Education Capital Financing
Fund.
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SECTION 5. AMENDATORY 68 O.S. 2021, Section 2352, is
amended to read as f ollows:
Section 2352. It is hereby declared to be the purpose of
Section 2351 et seq. of this title to provide revenue for gen eral
governmental functions of state government; and, for that purpose
and to that end, it is expressly declared that the revenue derived
herefrom and penalties and interest thereon, subject to the
apportionment requirements for the Rebuilding Oklahoma Acc ess and
Driver Safety Fund, the Okla homa Tourism and Passenger Rail
Revolving Fund, the P ublic Transit Revolving Fund and the Education
Reform Revolving Fund to be derived from income tax revenue that
would otherwise be apportioned to the General Revenue Fund as
provided by Section 1521 of T itle 69 of the Oklahoma St atutes,
subject to the apportionment requirements for the Oklahoma Tax
Commission and Office of Management and Enterprise Services Joint
Computer Enhancement Fund provided by Section 265 of thi s title, and
subject to the apportion ment requirements for the Oklahoma State
Capitol Building Repair and Restoration Fu nd provided by Section 19
of Title 73 of the Oklahoma Statutes, shall be distributed as
follows:
1. For the fiscal year beginning July 1, 2002, the first Five
Million Eight Hundred Thousand Dollars ($5,800,000.00) of revenue
derived pursuant to the provisions of subsections A, B and E of
Section 2355 of this title shall be apportioned to the Education
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Reform Revolving Fund; and for the fiscal year beginning July 1,
2024, and for each of the four (4) succeeding fiscal years, the sum
of Two Hundred Million Dollars ($200,000,000.00) shall be
apportioned to the Higher Education Capital Financing Fund, created
pursuant to Section 3 of this act, provided that such amount may be
deposited to the fund in equal installments over the course of the
fiscal year. The remainder of such revenue for the fiscal year
beginning July 1, 2002, and all such revenue for each fiscal year
thereafter shall be apportioned monthly as follows:
a. the following amounts shall be paid to the State
Treasurer to be placed to the credit of the Gen eral
Revenue Fund of the state for such fisc al year for the
support of the state government to be paid out only
pursuant to appropriation by the Legislature:
Fiscal Year Amount
FY 2003 and FY 2004 87.12%
FY 2005 86.91%
FY 2006 86.66%
FY 2007 86.16%
FY 2008 through FY 2022 85.66%
FY 2023 through FY 2 027 85.41%
FY 2028 and each fiscal year thereafter 85.66%
Of the funds apportioned to the General Revenue Fund
pursuant to this subparagraph, until the expiration of
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the Filmed in Oklahoma Act of 2021 as provided in
Section 11 of this act, Thirty Million Dollars
($30,000,000.00) shall be transferred to the Oklahoma
Tax Commission for deposit in the Filmed in Oklahoma
Program Revolving Fund,
b. the following amount s shall be paid to the State
Treasurer to be placed to the credit of the Education
Reform Revolving Fund of the State Department of
Education:
(1) for FY 2003 through FY 2020, eight and thirty-
four one-hundredths percent (8.34%),
(2) for FY 2021:
(a) for the month beginning July 1, 2020,
through the month ending August 31, 2020,
eight and thirty-four one-hundredths percent
(8.34%), and
(b) for the month beginning September 1, 2020,
through the month ending June 30, 2021, nine
and eighty-four one-hundredths percent
(9.84%),
(3) for FY 2022 and each fiscal year thereafter,
eight and thirty-four one-hundredths percent
(8.34%) shall be paid to the State Treasurer to
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be placed to the credit of the E ducation Reform
Revolving Fund,
c. the following amounts shall be paid to the State
Treasurer to be placed to the credit of the Teachers'
Retirement System Dedi cated Revenue Revolving Fund:
Fiscal Year Amount
FY 2003 and FY 2004 3.54%
FY 2005 3.75%
FY 2006 4.0%
FY 2007 4.5%
FY 2008 through FY 2020 5.0%
FY 2021:
(1) for the month beginning
July 1, 2020, through
the month ending August
31, 2020 5.0%
(2) for the month beginning
September 1, 2020,
through the month ending
June 30, 2021 3.5%
FY 2022 5.0%
FY 2023 through FY 2027 5.25%
FY 2028 and each fiscal
year thereafter 5.0%
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d. for FY 2003 and each fiscal year the reafter, one
percent (1%) shall be placed to the cred it of the Ad
Valorem Reimbursement Fund;
2. Beginning July 1, 2003, for any period of ti me as certified
by the Oklahoma Development Finance Authority a nd the Oklahoma
Department of Commerce to be necess ary for the repayment of
obligations issued by the Ok lahoma Development Finance Authority
pursuant to Section 3654 of this title if the other sources of
revenue paid to or apportioned to the Quality Jobs P rogram Incentive
Leverage Fund are not adequate including the proceeds from payment
pursuant to the guar anty required by subsection M of Section 3654 of
this title, an amount certified by the Oklahoma Development Finance
Authority to the Oklahoma Tax Comm ission shall be apportioned to the
Quality Jobs Program Incentive Leverage Fund before any other
apportionments are made as otherwise authorized by this paragraph.
The Oklahoma Development Fin ance Authority shall certify to the
Oklahoma Tax Commission the time as of which the revenue authorized
for apportionment pursuant to this paragraph is no longer requir ed.
After the certification, the revenue derived from the income tax
shall be apportioned in the manner otherwise provided by this
section. Except as otherwise provided by this paragraph, for the
fiscal year beginning July 1, 2002, the first Forty -one Million One
Hundred Ninety Thousand Eight Hundred Dollars ($41,190,800.00) of
revenue derived pursuant to the provisions of subsections D and E of
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Section 2355 of this title shall be apportioned to the Ed ucation
Reform Revolving Fund. The remainder of such revenue for the fiscal
year beginning July 1, 2002, and all such revenue for each fiscal
year thereafter, subject to the apportionment requirements for the
Oklahoma Tax Commission and Office of Manageme nt and Enterprise
Services Joint Computer Enhancement Fund provided by Section 265 of
this title, shall be apportioned monthly as follows:
a. the following amounts shall be paid to the State
Treasurer to be placed to the credit of the General
Revenue Fund of the state for such fiscal year for the
support of the state government to be paid out only
pursuant to appropriation by the Legislature:
Fiscal Year Amount
FY 2003 and FY 2004 78.96%
FY 2005 78.75%
FY 2006 78.50%
FY 2007 78.0%
(1) (a) FY 2018 through FY 2022
until the apportionment to
the General Revenue F und
equals the moving five-
year average amount for
corporate income tax as
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prescribed by paragraph 3
of this section 77.50%
(b) FY 2023 through FY 2027
until the apportionment to
the General Revenue Fun d
equals the moving five-
year average amount for
corporate income tax as
prescribed by paragraph 3
of this section 77.25%
(c) FY 2028 and each fiscal
year thereafter until the
apportionment to the
General Revenue Fund
equals the moving five -
year average amount for
corporate income tax as
prescribed by paragra ph 3
of this section 77.50%
(2) there shall be apportioned from the tax levy
imposed on corporate income tax to the Revenue
Stabilization Fund created by Section 34.102 of
Title 62 of the Oklahoma Statu tes, or to the
Constitutional Reserve Fund, as provide d by
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Section 34.102 of Title 62 of the Oklahoma
Statutes, the amount of revenue, if any, which
exceeds the moving five-year average amount as
defined pursuant to paragraph 3 of this section,
b. the following amounts shall be paid to the State
Treasurer to be placed to the credit of the Education
Reform Revolving Fund of the State Department of
Education:
(1) for FY 2003 through FY 2020, sixteen and five -
tenths percent (16.5%),
(2) for FY 2021:
(a) for the month beginning July 1, 2020,
through the month endi ng August 31, 2020,
sixteen and five-tenths percent (16.5%), and
(b) for the month beginning September 1, 2020,
through the month ending June 30, 2021,
eighteen percent (18%),
(3) for FY 2022, and each fiscal year thereafter,
sixteen and five-tenths percent (16.5%),
c. the following amounts shall be paid to the State
Treasurer to be placed to the credit of the Teachers'
Retirement System Dedicated Revenue Revolvin g Fund:
Fiscal Year Amount
FY 2003 and FY 2004 3.54%
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FY 2005 3.75%
FY 2006 4.0%
FY 2007 4.5%
FY 2008 through FY 2020 5.0%
FY 2021:
(1) for the month beginning
July 1, 2020, through
the month ending August
31, 2020 5.0%
(2) for the month beginning
September 1, 2020,
through the month ending
June 30, 2021 3.5%
FY 2022 5.0%
FY 2023 through FY 2027 5.25%
FY 2028 and each fiscal
year thereafter 5.0%
d. for FY 2003 and each fiscal year thereafter, one
percent (1%) shall be p laced to the credit of the Ad
Valorem Reimbursement Fund; and
3. "Moving five-year average for corporate income tax" means,
for purposes of the apportionments prescribed by this section, the
amount of income tax on corporations, as determined by the State
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Board of Equalization in the manner pr escribed by Section 34.103 of
Title 62 of the Oklahoma Statutes.
SECTION 6. AMENDATORY 70 O.S. 2021, Section 3206, is
amended to read as follows:
Section 3206. As provided in Article XIII-A of the Constitution
of Oklahoma, the State Regents s hall constitute a coordinating board
of control for all state educational institut ions, with the
following specific powers:
(a) It shall prescribe standards of higher education applicable
to each institution.
(b) It shall determine the functions and courses of study in
each of the institutions t o conform to the standards prescribed.
(c) It shall grant degrees and o ther forms of academic
recognition for completion of the prescri bed courses in all of such
institutions.
(d) It shall recommend to the State Legislature the budget
allocations to each institution.
(e) It shall have the pow er to recommend to the Legislatu re
proposed fees for all of such institutions, and any such fees shall
be effective only wi thin the limits prescribed by the Legislature,
after taking due cognizance of expressed legis lative intent.
(f) It shall allocate fu nds to each institution accordin g to
its needs and functions from appropriations made by the Leg islature.
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(g) It may coordinate private, denominational and other
institutions of higher learning with the State System under
regulations set forth by the Stat e Regents.
Among other powers an d duties, the State Regents shall:
(h) Prescribe standards for admission to, retention in, and
graduation from state educational institutions.
(i) Accept federal funds and grants and use the same in
accordance with federal requirements; and accept and di sburse
grants, gifts, devises, bequests and other monies and pro perty from
foundations, corporations and individuals; and establish, award and
disburse scholarships and scholarship fun ds and rewards for merit
from any funds available for such purpose.
(j) Allocate revolving and other non-state-appropriated
educational and general funds.
(k) Transfer from one institution to another any property
belonging to such institution when no lon ger needed by it and when
needed by another institution to accomplish it s functions.
(l) Prepare and publish annually a report to the G overnor, the
Legislature, and institutions, setting forth the progress, needs,
and recommendations of state educational institutions and of the
State Regents; conduct studies, surveys and rese arch projects to
gather information about the needs of state edu cational institutions
and make such additional reports and recommendations as it deems
necessary or as the Governor or t he Legislature may direct, and
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publish such information obtained as may be considered worthy of
dissemination.
(m) Any monies which it is authorized to invest sha ll be
invested with the care, skill, prudence, and diligence under the
circumstances then pre vailing that a prudent person acting in a like
capacity and familiar wit h such matters would use in the conduct of
an enterprise of a li ke character and with like aims.
(n) Issue, on behalf of institutions within The Oklahoma State
System of Higher Educat ion, other than the University of Oklaho ma
and Oklahoma State University , and with the powers enumerated by
this act, its obligations fo r purposes of such capital projects as
the Regents may deem to be proper for t he benefit of such
institutions. The obli gations issued pursuant to the authority of
this paragraph shall be part of a comprehensive program for capital
maintenance of such inst itutions and the obligation s shall be
special and limited obligations of the Oklahoma State Regents for
Higher Education and shall not constitute general obliga tions of the
State of Oklahoma.
(o) Exercise all powers necessary to comply with the provisions
of the Higher Education Capital Financing Act, including, but not
limited to, preparing and delivering annually to the Governor, the
Speaker of the Oklahoma House of Representatives , the President Pro
Tempore of the Oklahoma State Senate, the Appropriations and Budget
Chair of the Oklahoma House of Representatives, and the
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Appropriations Chair of the Oklahoma State Senate an annual report
on the infrastructure a nd construction needs of The Oklahoma State
System of Higher Education, to be known and cited as the Higher
Education Capital Needs Five-Year Forecast.
(p) Exercise all powers necessary or convenient to accomplish
the purposes and objectives of Article XI II-A of the Constitution of
Oklahoma.
SECTION 7. AMENDATORY 51 O.S. 20 21, Section 6, is
amended to read as follows:
Section 6. A. Except as may be otherwise provided, no person
holding an office under the laws of the state and n o deputy of any
officer so holding any office shall, during the person 's term of
office, hold any other office or be the deputy of any officer
holding any office, under the laws of the state. The provisions of
this section shall not apply to:
1. Notaries public;
2. Members of the State Textbook Committee;
3. County free fair board me mbers;
4. Municipal and county law enfo rcement officers serving in
positions as law enforcement officers of both such governmental
entities upon such terms and conditions a s are mutually approved by
resolutions adopted by the board of county commissioners and
governing body of the municipality employing such officers;
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5. Any person holding a county or municipal office or position,
or membership on any public trust authority , who is a member of a
board or commission that relates to federal, state, county o r
municipal government and is created by the United States government ,
the State of Oklahoma or a political subdivision of the state,
except where the duties of the offices or positions conflict;
6. Any elected municipal officers and school board members who
are appointed to a state board, commission, or similar entity if
there is no compensation for such services other than reimbursem ent
for necessary travel expenses pursua nt to the provisions of the
State Travel Reimbursement Act;
7. Any trustee of a pu blic trust, who is appointed as a truste e
of a different public trust or any trustee of the Tulsa County
Public Facilities Authority who may also be employed by the
Department of Transportation;
8. Law enforcement officers employed by municipal or county law
enforcement departments or agencies, other than those law
enforcement officers elected or appointed as sheriff, chief of
police or some similar position in which they ar e the head of a
county or municipal law enforcement agency, who are elected to loca l
boards of education; provided, the pro visions of this paragraph
shall not prohibit any law enforcement officer employed by a
municipality having a population of ten thousa nd (10,000) or fewer
people from serving as a member of a local board of education;
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9. Any member of the Oklahoma Highway Patrol Division of the
Department of Public Safety who is elected to a local board of
education;
10. Any employee of the Oklahoma St ate Bureau of Investigation
who is elected to a local board of education;
11. Any District Supervisor, Assistant District Supervisor,
Team Supervisor, Parole Officer 1 or Parole Officer 2 of the
Department of Correc tions who is elected or appointed to a c ity
council;
12. Any trustee or d irector of a rural electric cooperative, or
port authority who is appointed or elected to a state, county or
municipal board, commission or similar entity;
13. County employees who are elected as members of town or city
councils;
14. Municipal, county, s tate or tribal law enforcement or peace
officers operating under cross-deputization agreements with an
Indian tribe or branch of the federal government;
15. Municipal or county law enforcement or peace officers
serving in positions as campus police office rs or campus public
safety officers pursuant to the provisions of the Oklahoma Campus
Security Act, upon such terms and conditions as are mutually
approved by resolution adopted by t he governing body of the
municipality or county and the governing board of the institution of
higher education;
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16. State law enforcement or peace officers servin g in
positions as campus poli ce officers or campus public safety officers
pursuant to the provisions of the Oklahoma Campus Security Act, upon
such terms and condition s as are mutually approved by written
agreement between the Co mmissioner of Public Safety and the
governing board of the institution of higher education;
17. Municipal, county and s tate law enforcement officers
serving in positions as part-time or seasonal rangers or peace
officers under the Oklahoma To urism and Recreation Department or the
Grand River Dam Authority;
18. Members of the University Hospitals Authority;
19. Any person holding a state or county office or pos ition who
is a reserve force deput y sheriff, or a reserve special agent with
the Oklahoma State Bureau of Narcotics and Dan gerous Drugs Control
or a reserve municipal police officer;
20. Any person holding a state o ffice or position who serves as
a special assistant district attorney with out compensation;
21. Any elected or appointed m ember of a local school board who
is a member of a municipal planning commission;
22. Any elected or appointed member of a local sch ool board who
is a member or an officer of a volunteer fire department;
23. Directors or officers of a rural water district and chiefs
of municipal fire departmen ts or rural fire districts who are
appointed or elected to an unsalaried office in a state, c ounty,
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municipal, school, or technology center school board, commission, o r
similar entity, except where the duties of the office would create a
conflict of interest;
24. Any person who is a dispatcher or confinement officer at a
municipal or county jail who is a noncompensated reserve municipa l
police officer or a reserve depu ty sheriff;
25. Any person who is an assistant district attor ney serving as
a municipal judge or prosecutor;
26. Any park ranger under the Oklahoma Tourism and Recreation
Department or any game warden or reserve game war den employed by the
Department of Wildlife Conservation who is elected or appointed to a
local board of education or to a m unicipal governing body, boar d,
commission or similar entity;
27. Members of the Oklahoma St ate University Medical Center
Authority, the Oklahoma State University Med ical Trust or the State
Board of Osteopathic Examiners;
28. Any member of the state Legi slature or any state officer
who serves on the board of trustees of the Oklahoma School for t he
Visual and Performing Arts;
29. Members of the Council on Judicial Com plaints; and
30. Any person who is a state empl oyee but not a member of the
state military forces, including distric t attorneys, assistant
district attorneys, district court judges, associate district court
judges and special judges, when detailed as a mi litary trial judge
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pursuant to Section 826 of Title 44 of the Oklahoma Statutes or when
serving as an appellate military judge pursuant to Section 866 of
Title 44 of the Oklahoma Sta tutes when the Military Court of Appeals
is convened. The rules of proced ure prescribed by the State Judge
Advocate pursuant to subsection L of Section 866 of Tit le 44 of the
Oklahoma Statutes shall define what constitutes the Military Court
of Appeals being "convened" for purposes of this para graph; and
31. Members of the Oklahoma State System of Higher Education
Capital Needs Evaluation Committee.
The provisions of this section shall not prohibit any person
holding an office under the laws of the state or any deputy of any
officer so holding any office from serving upon the b oard of
Oklahoma Futures or upon the board of directors of the Oklahoma
Center for the Advancement of Science and Technology. The
provisions of this section shall not prohibit a mem ber of the board
of directors of the Oklahoma Center for the Advancement o f Science
and Technology from serving upon the board of Oklaho ma Futures.
B. Except as provided in subsection C of this section,
salaries, emoluments or benefits that would otherwis e be paid by the
agency or political sub division to a loaned employee or o fficer
shall instead be paid to the regular employer of such e mployee. The
loaned employee shall in turn be paid regular salary and benefits
the same as if continuing regular employ ment with the permanent
employer.
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C. Any person excepted pursuant to para graph 30 of subsection A
of this section, when retained as a m ilitary trial judge or when
serving as a military appellate judge when the Military Court of
Appeals is convened, shall be entitled to military judicial leave i n
accordance with Section 209 of T itle 44 of the Oklahoma Statutes.
SECTION 8. This act shall become effective November 1, 2024.
COMMITTEE REPORT BY: COMMITTEE ON APPROPRIATIONS AND BUDGET , dated
02/29/2024 - DO PASS, As Amended and Coauthored.