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STATE OF OKLAHOMA
1st Session of the 60th Legislature (2025)
HOUSE BILL 1430 By: Boles
AS INTRODUCED
An Act relating to higher education; creating the
Tinnitus Research Grant Program Revolving Fund;
specifying source of fund; providing for
expenditures; providing purpose of fund; directing
the Oklahoma State Regents for Higher Education to
award grants; establishing permitted use of grants;
directing Regents to establish criteria and process
for application; directing that grants be conside red
on statewide basis; directing Regents to promulgate
rules; providing for c odification; and providing an
effective date.
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 3235 of Title 70, unless there
is created a duplication in numbering, reads as follows:
A. There is hereby created in the State Treasury a revolving
fund for the Oklahoma State Regents for Higher Education to be
designated the "Tinnitus Research Grant Program Revolving Fund ".
The fund shall be a continuing fund, not subject to fiscal year
limitations, and shall consist of monies appropriated by the
Legislature and private dollars given to the Oklahoma State Regents
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for Higher Education for the purpose of supporting the tinnitus
research grant program. All monies accruing to the credit of the
fund are hereby appropriated and may be budgeted and expended by the
Oklahoma State Regents for Higher Education for the purpose of
running and distributing the tinnitus research grant program
described in subsection B of this section. Expenditures from the
fund shall be made on warrants issued by the State Treasurer against
claims filed by the Oklahoma State Regents fo r Higher Education with
the Director of the Office of Management and Enterprise Services for
approval and payment.
B. Contingent upon the amount of funds available in the
Tinnitus Research Grant Program Revolving Fund, the Oklahoma State
Regents for Higher Education shall award one or more grants annually
to private and public univ ersities in Oklahoma. The grants shall be
used to research and find a cure for tinnitus. The Oklahoma State
Regents for Higher Education shall determine the criteria for and
establish a process for the submission of grant applications. The
applications shall be considered on a statewide competitive basis.
The Oklahoma State Regents for Higher Education shall promulgate
rules for the implementation of the grants issued pursuant to this
section.
SECTION 2. This act shall become effective November 1, 2025.
60-1-10198 AQH 11/18/24