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SENATE FLOOR VERSION
April 18, 2024
AS AMENDED
ENGROSSED HOUSE
BILL NO. 4013 By: McBride, Menz, Moore, Deck,
and Munson of the House
and
Hall of the Senate
[ Higher Education Capital Financing Act - Higher
Education Capital Needs Evaluation Co mmittee - 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 Higher Education - dual office holding
exemption – noncodification – codification -
effective date -
emergency ]
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. NEW LAW A new secti on of law not to be
codified in the Oklahoma Statutes reads as follows:
This act shall be known and may be cited as the "Oklahoma State
Agency and Higher Education Capital Financing Act".
SECTION 2. NEW LAW A new section of law to b e codified
in the Oklahoma Statutes as Section 2244 of Title 70, unless there
is created a duplication in numbering, reads as follows:
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A. There is hereby created the Oklahoma State Agency and 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 Speaker 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 President Pro Tempore of
the Oklahoma State Senate, w ho 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 construction -related experience;
4. One person to be appoin ted by the Board of Regents of the
University of Oklahoma;
5. One person to be appointed by the Board of Regents of
Oklahoma State University ;
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
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law. The Committee shall select fro m 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 for
critical infrastructure needs of both executive branch agencies and
also critical infrastructure needs of 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
Legislature according to the provisions of subsection E of this
section.
E. Beginning December 3 1, 2024, and no later than December 31
each year thereafter, the State Agency and 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 Appropriations Chair of the Oklahoma State
Senate an annual report on the infrastructure and construction needs
of The Oklahoma State System of Higher Education. The annual report
shall be known and may be cited as the Higher Educati on Capital
Needs Five-Year Forecast, and shall include:
1. Infrastructure and construction projects listed in order of
priority and critical need;
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2. Cost estimates for each specific project listed in paragraph
1 of this subsection;
3. Completion timeli ne for each specific project listed in
paragraph 1 of this subsection; and
4. A summary of the status of projects 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 section of law to be codified
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 revolving fund
for the Oklahoma Capitol Improve ment Authority 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 Oklahoma Capitol Improvement
Authority eligible und er law and directed for deposit. All monies
accruing to the credit of said fund are hereby appropriated and may
be budgeted and expended by t he Oklahoma Capitol Improvement
Authority for capital projects specifically and exclusively as
authorized by law. Such budgeting and expenditure shall strictly
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adhere to the specific terms, limitations, 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 ag ainst claims 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 Improvement Authority shall be
authorized to enter into memoranda of understanding with any
executive branch agency or with the Oklahoma State Regen ts 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 administer expenditures from and deposits to the
State Agency and Higher Education Capital Financ ing 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 understanding shall not constitute a legal
obligation of the State of Oklahoma.
B. Limited to the extent required for projects specifically
authorized through the Oklahoma State Agency and Higher Education
Capital Financing Act, the Oklahoma Capitol Improvement Authority
shall be authorized to:
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1. Acquire real property together wit h improvements located
thereon and personal property;
2. Provide for the construction of improvements to real
property and provide funding for repairs, refurbishments, and
improvements to real and personal property;
3. Hold title to property and improvem ents as necessary to
comply with legal directives and authorizations; and
4. Lease, transfer, and otherwise legally dispose of property
and improvements as necessary to comply with 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 Oklahoma House of Representatives, the President
Pro Tempore of the Oklahoma State Senate, the Appropriations and
Budget Chair of the Oklahoma Hous e of Representatives, and the
Appropriations Chair of the Oklahoma State Senate a report detailing
impacts to the balance of the State Agency and Higher Education
Capital Financing Fund occurring in the prior calendar year,
including, but not limited to, a ll distributions, expenditures,
collections, deposits, and investment returns of the State Agency
and Higher Education Capital Financing Fund.
SECTION 5. AMENDATORY 68 O.S. 2021, Section 2352, is
amended to read as follows:
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Section 2352. It is hereby declared to be the purpose of
Section 2351 et seq. of this title to provide revenue for general
governmental functions o f 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 Access and
Driver Safety Fund, the Oklahoma Tourism and Passenger Rail
Revolving Fund, the Public 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 15 21 of Title 69 of the Oklahoma Statutes,
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 this title, and
subject to the apportionment requirements for the Oklahoma State
Capitol Building Repair and Restoration Fund provided by Section 1 9
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
Reform Revolving Fund ; and for the fiscal year beginning July 1,
2024, and for each of the four (4) succeeding fiscal years, the sum
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of One Hundred Forty Million Dollars ($140,000,0 00.00) shall be
apportioned to the State Agency and Higher Education Capital
Financing Fund, created pursuant to Section 3 of this act, provid ed
that such amount may be deposited to the fund in equal installments
over the course of the fiscal year. For th e fiscal year ending June
30, 2025, Fifty Million Dollars ($50,000,000.00) of the One Hundred
Forty Million Dollars ($140,000,000.00) shall be allocated to those
projects with the highest need of priority as critical
infrastructure as determined by the Sta te Agency and Higher
Education Capital Needs Evaluation Committee . 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 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:
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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 2027 85.41%
FY 2028 and each fiscal year thereafter 85.66%
Of the funds apportioned to the General Revenue Fund
pursuant to this subp aragraph, until the expiration of
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 amounts shall be paid to the State
Treasurer to be placed to the credit of the Education
Reform Revolving Fund of the S tate 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,
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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
be placed to the credit of the Education 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 Dedicated 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
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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 placed to the credit of the Ad
Valorem Reimbursement Fund;
2. Beginning July 1, 2003, for any period of time as certified
by the Oklahoma Development Finance Authority and the Oklahoma
Department of Commerce to be necessary for the repayment of
obligations issued by the Oklahoma Development Finance Authority
pursuant to Section 3654 of this title if the other sources of
revenue paid to or apportioned t o the Quality Jobs Program Incentive
Leverage Fund are not adequate including the proceeds from payment
pursuant to the guaranty required by subsection M of Section 3654 of
this title, an amount certified by the Oklahoma Development Finance
Authority to the Oklahoma Tax Commission shall be apportioned to the
Quality Jobs Program Incentive Leverage Fund before any other
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apportionments are made as otherwise authorized by this paragraph.
The Oklahoma Development Finance 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 required.
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 subsection s D and E of
Section 2355 of this title shall be apportioned to the Education
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 apportionme nt requirements for the
Oklahoma Tax Commission and Office of Management and Enterprise
Services Joint Computer Enhancement Fund provided by S ection 265 of
this title, shall be apportioned monthly as follows:
a. the following amounts shall be paid to the S tate
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:
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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 Fund
equals the moving five-
year average amount for
corporate income tax as
prescribed by paragraph 3
of this section 77.50%
(b) FY 2023 through FY 2027
until the apportionment to
the General Revenue Fund
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
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General Revenue Fund
equals the moving five -
year average amount for
corporate income tax as
prescribed by paragraph 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 Statutes, or to the
Constitutional Reserve Fund, as provided by
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 202 0, sixteen and five-
tenths percent (16.5%),
(2) for FY 2021:
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(a) for the month beginning July 1, 2020,
through the month ending 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 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,
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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 placed 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
Board of Equalization in the manner prescribed 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 shall constitute a coordinating board
of control for all state educational institutions, 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 to conform to the standards prescribed.
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(c) It shall grant degrees and other forms of academic
recognition for completion of the prescribed 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 power to recommend to the Legislature
proposed fees for all of such institutions, and any such fees shall
be effective only within the limits prescribed by the Legislature,
after taking due cognizance of expressed legislative intent.
(f) It shall allocate funds to each insti tution according to
its needs and functions from appropriations made by the Legislature.
(g) It may coordinate pr ivate, denominational and other
institutions of higher learning with the State System under
regulations set forth by the State Regents.
Among other powers and 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; an d accept and disburse
grants, gifts, devises, bequests and other monies and property from
foundations, corporation s and individuals; and establish, award and
disburse scholarships and scholarship funds and rewards for merit
from any funds available for such purpose.
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(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 longer needed by it and when
needed by another institution t o accomplish its functions.
(l) Prepare and publish annually a report to the Governor, the
Legislature, and insti tutions, setting forth the progress, needs,
and recommendations of state educational institutions and of the
State Regents; conduct studies, surveys and research projects to
gather information about the needs of state educational institutions
and make such additional reports and recommendations as it deems
necessary or as the Governor or the Legislature may direct, and
publish such information o btained as may be considered worthy of
dissemination.
(m) Any monies which it is authorized to invest shall be
invested with the care, skill, prudence, and diligence under the
circumstances then prevailing that a prudent person acting in a like
capacity and familiar with such matters would use in the conduct of
an enterprise of a like character and with like aims.
(n) Issue, on behalf of institutions within The Oklahoma State
System of Higher Education, other than the University of Oklahoma
and Oklahoma State University, and with the powers enumerated by
this act, its obligations for purposes of such capital projects as
the Regents may deem to be proper for the benefit of such
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institutions. The obligations issued pursuant to the authority of
this paragraph shall be part of a comprehensive program for capital
maintenance of such institutions and the obligations shall be
special and limited obligations of the Oklahoma State Regents for
Higher Education and shall not constitute general obligations of the
State of Oklahoma.
(o) Exercise all powers necessary to comply with the provisions
of the State Agency and Higher Edu cation 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 Chai r of the Oklahoma House of
Representatives, and the Appropriations Chair of the Oklahoma State
Senate an annual report on the infrastructure a nd construction needs
of executive branch agencies and 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 XIII -A of the Constitution of
Oklahoma.
SECTION 7. AMENDATORY 51 O.S. 2021, Section 6, is
amended to read as follows:
Section 6. A. Except as may be otherwise provided, no person
holding an office und er the laws of the state and no deputy of any
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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 mem bers;
4. Municipal and county law enforcement officers serving in
positions as law enforcement officers of both such governmental
entities upon such terms and conditions as are mutually approved by
resolutions adopted by the board of county commissioners and
governing body of the municipality employing such officers;
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 or
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 w ho
are appointed to a state board, commission, or similar entity if
there is no compensation for such services other than reimbursement
for necessary travel expenses pursuant to the provisions of the
State Travel Reimbursement Act;
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7. Any trustee of a pub lic trust, who is appointed as a trustee
of a different public trust or any trustee of the Tulsa County
Public Facilities Authority who may al so be employed by the
Department of Transportation;
8. Law enforcement officers employed by municipal or county l aw
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 are the head of a
county or municipal law enforcement agency, who are elected to local
boards of education; provided, the provisions of this paragraph
shall not prohibit any law enforcement officer employed by a
municipality having a population of ten thousand (10,000) or fewer
people from serving as a member of a local board of education;
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 State 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 Corrections who is elected or appointed to a city
council;
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12. Any trustee or director 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, state 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 enforcemen t or peace officers
serving in positions as campus police officers or campus public
safety officers pursuant to th e provisions of the Oklahoma Campus
Security Act, upon such terms and conditions as are mutually
approved by resolution adopted by the governing body of the
municipality or county and the governing board of the institution of
higher education;
16. State law enforcement or peace officers serving in
positions as campus police officers 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 written
agreement between the Commissioner of Public Safety and the
governing board of the institution of higher education;
17. Municipal, county and state law enforcement officers
serving in positions as part -time or seasonal rangers or peace
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officers under the Oklahoma Tou rism 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 position who
is a reserve force deputy sheriff, or a reserve special agent with
the Oklahoma State Bureau of Narcotics and Dangerous Drugs Control
or a reserve municipal police officer;
20. Any person holding a state office or position who serves as
a special assistant district attorney without compensation;
21. Any elected or appointed me mber of a local school board who
is a member of a municipal planning commission;
22. Any elected or appointed member of a local school 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 departments or rural fire districts who are
appointed or elected to an unsalaried office in a state, county,
municipal, school, or technology center school board, commission, or
similar entity, except where the duties of the o ffice 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 n oncompensated reserve municipal
police officer or a reserve deputy sheriff;
25. Any person who is an assistant di strict attorney serving as
a municipal judge or prosecutor;
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26. Any park ranger under the Oklahoma Tourism and Recreation
Department or any game warden or reserve game warden employed by the
Department of Wildlife Conservation who is elected or appointed to a
local board of education or to a municipal governing body, board,
commission or similar entity;
27. Members of the Oklahoma State Univer sity Medical Center
Authority, the Oklahoma State University Medical Trust or the State
Board of Osteopathic Exami ners;
28. Any member of the state Legislature or any state officer
who serves on the board of trustees of the Oklahoma School for the
Visual and Performing Arts;
29. Members of the Council on Judicial Complaints; and
30. Any person who is a state employ ee but not a member of the
state military forces, including district attorneys, assistant
district attorneys, district court judges, associate district court
judges and special judges, when detailed as a military trial judge
pursuant to Section 826 of Titl e 44 of the Oklahoma Statutes or when
serving as an appellate military judge pursuant to Section 866 of
Title 44 of the Oklahoma Statutes when the Military Court of Appeals
is convened. The rules of procedure prescribed by the State Judge
Advocate pursuant to subsection L of Section 866 of Title 44 of the
Oklahoma Statutes shall define what constitutes the Military Court
of Appeals being "conve ned" for purposes of this paragraph ; and
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31. Members of the State Agency and 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 board 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 member of the board
of directors of the Oklahoma Center for the Advancement of Science
and Technology from serving upon the board of Ok lahoma Futures.
B. Except as provided in subsection C of this section,
salaries, emoluments or benefits that would otherwise be paid by the
agency or political subdivision to a loaned employee or officer
shall instead be paid to the regular employer of su ch employee. The
loaned employee shall in turn be paid regular salary and benefits
the same as if continuing regular employment with the perm anent
employer.
C. Any person excepted pursuant to paragraph 30 of subsection A
of this section, when retained as a military 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 in
accordance with Section 209 of Title 44 of the Oklahoma Statutes.
SECTION 8. This act shall become effective July 1, 2024.
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SECTION 9. It being immediately necessary for the preservation
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.
COMMITTEE REPORT BY: COMMITTEE ON APPROPRIATIONS
April 18, 2024 - DO PASS