ENGR. H. B. NO. 2518 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. 2518 By: Hilbert and Hill of the House and Gollihare of the Senate An Act relating to military infrastructure funding; creating the Base Infrastructure Needs and Development - Technology 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 the Base Infrastructure Needs and Development – Technology Program; establishing program at the Oklahoma Military Department; authorizing certain utilization of funds; p roviding for codification; providing 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 - Technology Revolving Fund", which may also be cited as "BIND – Technology Fund". The fund shall be a continuing fund, not subject to fiscal year l imitations, and ENGR. H. B. NO. 2518 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 shall 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 Department 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 Off ice of Management and Enterprise Services for approval and payment. B. There is hereby established within the Oklahoma Military Department the "Base Infrastructure Needs and Development – Technology Program", which may also be cited as the "BIND – Technology Program". The Department shall utilize funds from the BIND – Technology 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, the purchase of licenses and software associated with military simulation training, 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 expansions 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 he reby ENGR. H. B. NO. 2518 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