Bill > SB248

This bill modifies the Oklahoma Tourism and Recreation Department Revolving Fund by clarifying and expanding the sources and uses of funds. Specifically, the bill restructures the fund to explicitly include monies from the sale, transfer, lease, or other conveyance of real property under the jurisdiction of the Oklahoma Tourism and Recreation Commission, with an important exception for leases related to concessionaire agreements. The bill mandates that funds derived from real property sales must be appropriated for state park maintenance and capital projects, with a strict prohibition on using these funds for employee compensation. The revolving fund remains a continuing fund not subject to fiscal year limitations and will continue to be administered by the Department. Expenditures from the fund can cover administration, operation, maintenance expenses, and real property purchases, and must be made according to state laws and statutes, with warrants issued by the State Treasurer based on claims approved by the Office of Management and Enterprise Services. The bill will become effective on November 1, 2025, providing a clear timeline for implementation of these changes.

Budget and Finance, Labor and Employment

http://www.oklegislature.gov/BillInfo.aspx?Bill=sb248&Session=2600