HB2673 HFLR Page 1 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 HOUSE OF REPRESENTATIVES - FLOOR VERSION STATE OF OKLAHOMA 1st Session of the 60th Legislature (2025) COMMITTEE SUBSTITUTE FOR HOUSE BILL NO. 2673 By: Hilbert of the House and Hall of the Senate COMMITTEE SUBSTITUTE An Act relating to state government; amending Section 1, Chapter 425, O.S.L. 2024 (74 O.S. Supp. 2024, Section 2294.1), which relates to the Oklahoma Museum of Popular Culture Supplemental Revolving Fund; modifying determined funds provided for expenditures; and providing an effective date. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. AMENDATORY Section 1, Chapter 425, O.S.L. 2024 (74 O.S. Supp. 2024, Section 2294.1), is amended to read as follows: Section 2294.1. There is hereby created in the State Treasury a revolving fund for the Oklahoma Historical Society, to be designated the "Oklahoma Museum of Popular Culture Supplemental Revolving Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies received by the Oklahoma Historical Society from appropriations of the Legislature HB2673 HFLR Page 2 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 designated for deposit in this fund. All monies accruing to the credit of the fund are hereby appropriated and shall be budgeted an d expended to provide funding for repairs, planning, 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 Sta te Treasurer determines that funds provided by local and county governments, the federal government, or through monetary donations or enforceable pledges for monetary donations in the amount of Eighteen Million Dollars ($18,000,000.00) are made for repairs , planning, staging, refurbishments, and improvements to real and personal property, and funding for construction of the Oklahoma 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 Services for approval and payment. On November 15, 2025, if no de termination is made by the State Treasurer pursuant to the provisions of this section authorizing expenditures from this fund, all unencumbered funds remaining in the Oklahoma Museum of Popular Culture Supplemental Revolving Fund shall be transferred to th e State Treasurer for deposit in the General Revenue Fund of the State Treasury for the fiscal year ending June 30, 2024. HB2673 HFLR Page 3 BOLD FACE denotes Committee Amendments. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 SECTION 2. This act shall become effective November 1, 2025. COMMITTEE REPORT BY: COMMITTEE ON APPROPRIATIONS AND BU DGET, dated 03/06/2025 - DO PASS, As Amended and Coauthored.