An Act ENROLLED SENATE BILL NO. 1155 By: Hall and Rosino of the Senate and Wallace, Caldwell (Trey), and Waldron of the House An Act relating to the Oklahoma Historical Society; creating the Oklahoma Museum of Popular Culture Supplemental Revolving Fun d; providing 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 . SUBJECT: Oklahoma Museum of Popular Culture Supplemental Revolving Fund BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law to b e 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 t he “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 Legisl ature designated for deposit in this fund. All monies accruing to the credit of the fund ENR. S. B. NO. 1155 Page 2 are hereby appropriated and shall be budgeted and expended to provide funding for repairs, planning, staging, refurbishments, and improvements to real and personal pr operty, and funding for construction of the Oklahoma Museum of Popular Culture. No expenditures shall be made from the fund until the State Treasurer determines that funds provided by local and county governments, the federal government, or through moneta ry 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; provide d, 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, if 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 t he Oklahoma Museum of Popular Culture Supplemental Revolving Fund shall be transferred 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 date of this act 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 the Oklahoma Museum of Popular Culture Supplemental Revolving Fund created in Section 1 of this act. SECTION 3. This act shall become effective July 1, 20 24. 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 passa ge and approval. ENR. S. B. NO. 1155 Page 3 Passed the Senate the 2 8th day of May, 2024. Presiding Officer of the Senate Passed the House of Representatives the 30th day of May, 2024. Presiding Officer of the House of Representatives OFFICE OF THE GOVERNOR Received by the Office of the Governor this _______ _____________ day of _________________ __, 20_______, at _______ o'clock _______ M. By: _________________________________ Approved by the Governor of the State of Oklahoma this _______ __ day of _________________ __, 20_______, at _______ o'clock _______ M. _________________________________ Governor of the State of Oklahoma OFFICE OF THE SECRETARY OF STATE Received by the Office of the Secretary of State this _______ ___ day of _________________ _, 20 _______, at ____ ___ o'clock _______ M. By: _________________________________