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SENATE FLOOR VERSION
February 21, 2024
SENATE BILL NO. 1517 By: Thompson (Roger)
An Act relating to the Oklahoma Historical Society;
creating the Oklahoma Museum of Popular Culture
Supplemental Revolving F und; stating 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; 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 62, unless there
is created a duplication in numbering, reads a s follows:
There is hereby created in the State Treasury a revolving fund
for the Oklahoma Histori cal Society, to be designated the “Oklahoma
Museum of Popular Culture Supplemental Revolving Fund”. The fund
shall be a continuing fund, not subject to fisca l year limitations,
and shall consist of all monies receive d by the Oklahoma Historical
Society from appropriations of the Legislature design ated for
deposit in this fund. All monies accruing to the credit of the fund
are hereby appropriated and shall be budgeted and expended to
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provide funding for repairs, plann ing, 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 until 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, refurbishm ents, and improvements to real and
personal property, and funding for construction of the Okla homa
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 S ervices for
approval and payment. On November 15, 2025, if no determination is
made by the State Treasurer pursuant to th e provisions of this
section authorizing expenditures from this fund, all unencumbered
funds remaining in the Oklahoma Museum of Popular Cultur e
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
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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. It being immediately necessary for the preservatio n
of the public peace, health or sa fety, an emergency is hereby
declared to exist, by reason whereof this act shall take effect and
be in full force from and after its pass age and approval.
COMMITTEE REPORT BY: COMMITTEE ON APPROPRIATIONS
February 21, 2024 - DO PASS