ENGR. H. B. NO. 2516 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 ENGROSSED HOUSE BILL NO. 2516 By: Hilbert, Caldwell (Chad), and Hill of the House and Gollihare of the Senate An Act relating to military infrastructure funding; creating the Base Infrastructure Needs and Development - Schools Revolving Fund; establishing the fund at the Oklahoma Military Department; establishing revolving fund characteristics; deeming funds appropriated; providing expenditure and budgeting requirements and limitations; creating Base Infrastructure Needs and Development – Schools Program; establishing program at the Oklahoma Military Department; authorizing certain utilizations of funds; authorizin g certain citations; providing for codification; establishing an effective date; 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 301B of Title 44, 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 Military Department to be designated the "Base Infrastructure Needs and Development - Schools Revolving Fund", which may also be cited as "BIND – Schools Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall ENGR. H. B. NO. 2516 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 consist of all monies directed for deposit to the fund by law. All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the Oklahoma Military Depa rtment for the purpose established in subsection B of this section. Expenditures from said 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 Enterpris e Services for approval and payment. B. There is hereby established within the Oklahoma Military Department the "Base Infrastructure Needs and Development – Schools Program", which may also be cited as the "BIND – Schools Program". The Department shall u tilize funds from the BIND – Schools Fund created in subsection A of this section, alone or in combination with other available funding, to make infrastructure investments, including, but not limited to, new construction, improving common education facilities located on military bases in this state, that will either: 1. Decrease the likelihood of military base and other military infrastructure closures in this state, or 2. Increase the likelihood of military base and other military infrastructure expansio ns in this state. SECTION 2. This act shall become effective July 1, 2025. SECTION 3. It being immediately necessary for the preservation of the public peace, health or safety, an emergency is here by ENGR. H. B. NO. 2516 Page 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 declared to exist, by reason whereof this act shall take effect and be in full force from and after its passage and approval. Passed the House of Representatives the 10th day of March, 2025. Presiding Officer of the House of Representatives Passed the Senate the ___ day of __________, 2025. Presiding Officer of the Senate