An Act
ENROLLED SENATE
BILL NO. 1393 By: Haste of the Senate
and
Miller, Staires, and Stark
of the House
An Act relating to the Oklahoma Department of
Aerospace and Aeronautics; creating the Long -Term
Aerospace and Aeronautics Infrastructure
Sustainability Revolving Fund; placing the fund
within the Oklahoma Department of Aerospace and
Aeronautics; authorizing budget ing and expenditure of
funds for certain purposes; requiring the monthly
report of balance and encumbrances of fund; providing
for codification; and declaring an emergency.
SUBJECT: Aeronautic infrastructure
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 415 of Tit le 3, 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 Department of Aerospace and Aeronautics to be
designated the “Long-Term Aerospace and Aeronautics I nfrastructure
Sustainability Revolving Fund”. The fund shall be a continuing
fund, not subject to fiscal year limitations, and shall consist of
all monies received by the Department from appropriations designated
for the purpose of construction, maintenan ce, or other capital
projects. The Director of the Oklahoma Department of Aerospace and
Aeronautics shall, at the end of each month, provide a current
ENR. S. B. NO. 1393 Page 2
balance and statement of encumbrances of the fund to the Chair of
the Senate Appropriations Committee an d the Chair of the House of
Representatives Appropriations and Budget Committee. All monies
accruing to the credit of the fund are hereby appropriated and may
be budgeted and expended by the Oklahoma Department of Aerospace and
Aeronautics for the sole pu rpose provided for in this section .
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.
SECTION 2. 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. 1393 Page 3
Passed the Senate the 1 4th day of March, 2024.
Presiding Officer of the Senate
Passed the House of Representatives the 17th day of April, 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: _________________________________