37 | 46 | | |
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38 | 47 | | An Act relating to public finance; imposing |
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39 | 48 | | requirement on Office of Management and Enterprise |
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40 | 49 | | Services; requiring certain form for use in contracts |
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41 | 50 | | related to management of federal funds; prescribing |
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42 | 51 | | required content of form; requiring filing of form |
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43 | 52 | | with certain entities and public officials; providing |
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44 | 53 | | for codification; and providing an effective date. |
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45 | 54 | | |
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46 | 55 | | |
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47 | 56 | | |
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48 | 57 | | BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: |
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49 | 58 | | SECTION 1. NEW LAW A new section of l aw to be codified |
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50 | 59 | | in the Oklahoma Statutes as Section 255.10 of Title 62, unless there |
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51 | 60 | | is created a duplication in numbering, reads as follows: |
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52 | 61 | | A. The Office of Management and Enterprise Services shall |
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53 | 62 | | develop a form for use by each agency, board, commiss ion, department |
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54 | 63 | | or other entity organized within the executive branch of state |
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55 | 64 | | government for use by such governmental entity in identifying |
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56 | 65 | | prospective vendors for contracts to manage federal funds if such |
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57 | 66 | | funds management is permissible pursuant to the f ederal law enabling |
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87 | 97 | | Services as required by the Office of Manageme nt and Enterprise |
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88 | 98 | | Services. |
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89 | 99 | | B. The form shall include, but shall not be limited to, the |
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90 | 100 | | following: |
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91 | 101 | | 1. The legal name of the entity proposing to manage the federal |
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92 | 102 | | funds pursuant to contract, including any trade name or similar name |
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93 | 103 | | which is not the forma l legal name of the entity that will enter |
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94 | 104 | | into the contract; |
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95 | 105 | | 2. The jurisdiction in which the prospective vendor entity was |
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96 | 106 | | originally incorporated or otherwise created pursuant to the laws of |
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97 | 107 | | the applicable jurisdiction; |
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98 | 108 | | 3. The legal names of the princ ipal officers of the prospective |
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99 | 109 | | vendor entity which proposes to manage the federal funds, which may |
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100 | 110 | | include, but shall not be limited to the chief executive officer, |
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101 | 111 | | the chief financial officer, the chief information or technology |
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102 | 112 | | officer and the chief op erating officer; |
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103 | 113 | | 4. A listing of the prior experience of the prospective vendor |
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104 | 114 | | entity or its officers or employees with regard to the management of |
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105 | 115 | | federal funds on behalf of any state or local government entity; |
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106 | 116 | | 5. The most recently completed financial audit of the books and |
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107 | 117 | | records of the prospective vendor entity prior to the date as of |
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137 | 148 | | of federal funds. No vendor shall be required to disclose |
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138 | 149 | | information which is proprietary or protected from disclosure by |
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139 | 150 | | private agreement or that is considered to be a trade secret. |
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140 | 151 | | 6. Any and all pending civil c ases, whether in federal court, |
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141 | 152 | | state court or the judicial system of any other country or nation |
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142 | 153 | | which identifies the prospective vendor entity as a defendant in a |
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143 | 154 | | proceeding related directly to the management of federal funds. |
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144 | 155 | | SECTION 2. NEW LAW A new section of law to be codified |
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145 | 156 | | in the Oklahoma Statutes as Section 255.11 of Title 62, unless there |
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146 | 157 | | is created a duplication in numbering, reads as follows: |
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147 | 158 | | The forms submitted to the Office of Management and Enterprise |
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148 | 159 | | Servies as required by this act shall also be submitted to the |
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149 | 160 | | Governor, the Speaker of the Oklahoma House of Representatives, the |
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150 | 161 | | President Pro Tempore of the Oklahoma State Senate, and the Chairs |
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151 | 162 | | and Vice-Chairs of the standing committees of both chambers of the |
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152 | 163 | | Oklahoma Legislature responsible for appropriation and budget |
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153 | 164 | | matters. |
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154 | 165 | | SECTION 3. This act shall become effective November 1, 2025. |
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155 | 166 | | |
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181 | | - | Passed the House of Representatives the 25th day of March, 2025. |
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186 | | - | Presiding Officer of the House |
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187 | | - | of Representatives |
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191 | | - | Passed the Senate the _____ day of__________, 2025. |
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196 | | - | Presiding Officer of the Senate |
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| 167 | + | COMMITTEE REPORT BY: COMMITTEE ON GOVERNMENT OVERSIGHT, dated |
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| 168 | + | 03/10/2025 - DO PASS, As Amended and Coauthored. |
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