ENGR. S. B. NO. 1155 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. 1155 By: Hall and Rosino of the
Senate
and
Wallace and Caldwell (Trey)
of the House
An Act relating to the Oklahoma Historical Society;
creating the Oklahoma Museum of Popular Culture
Supplemental Revolving Fund; provid ing source of
funds; providing for expenditures; requiring certain
determination by the State Treasurer; requiring
transfer of funds if certain determination is not
made by certain date; directing transfer of funds;
providing for codification; providing an effective
date; and declaring an emergency .
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as Section 2294.1 of Title 74, 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 Historical Society, to be designated the “Oklahoma
Museum of Popular Culture Supplemental Revolving Fund ”. The fund
shall be a continuing fund, not subject to fiscal year limitations,
and shall consist of all monies received by the Oklahoma Historical
Society from appropriations of the Legislature designated for
deposit in this fund. All monies accruing to the credit of the fund
ENGR. S. B. NO. 1155 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
are hereby appropriated and shall be budgeted and expended to
provide funding for repairs, planning, staging, refurbishments, and
improvements to real and personal property, and funding for
construction of the Oklahoma Museum of Popular Culture. No
expenditures shall be made from the fund unti l the State Treasurer
determines that funds provided by local and county governments, the
federal government, or through monetary donations in the amount of
Eighteen Million Dollars ($18,000,000.00) are made for repairs,
planning, staging, refurbishments, and improvements to real and
personal property, and funding for construction of the Oklahoma
Museum of Popular Culture; provided, no funds collected or received
prior to May 25, 2023, shall be counted toward the amount.
Expenditures from the fund shall be made upon warrants issued by the
State Treasurer against claims filed as prescribed by law with the
Director of the Office of Management and Enterprise Services for
approval and payment. On November 15, 2025, i f no determination is
made by the State Treasurer pursuant to the provisions of this
section authorizing expenditures from this fund, all unencumbered
funds remaining in the Oklahoma Museum of Popular Culture
Supplemental Revolving Fund shall be transferre d to the State
Treasurer for deposit in the General Revenue Fund of the State
Treasury for the fiscal year ending June 30, 2024.
SECTION 2. The Director of the Office of Management and
Enterprise Services shall transfer on the effective da te of this act
ENGR. S. B. NO. 1155 Page 3 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 sum of Eighteen Million Dollars ($18,000,000.00) of the funds
appropriated to the Oklahoma Historical Society pursuant to Section
106 of Enrolled House Bill No. 1004 of the 1st Extraordinary Session
of the 59th Oklahoma Legislature to th e Oklahoma Museum of Popular
Culture Supplemental Revolving Fund created in Section 1 of this
act.
SECTION 3. This act shall become effective July 1, 2024.
SECTION 4. 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.
Passed the Senate the 2 8th day of May, 2024.
Presiding Officer of the Senate
Passed the House of Representat ives the ____ day of __________,
2024.
Presiding Officer of the House
of Representatives