Oklahoma 2024 Regular Session

Oklahoma Senate Bill SB1155 Latest Draft

Bill / Enrolled Version Filed 05/30/2024

                             
 
 
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: _________________________________