Bill > HB1433

This bill re-establishes the Special Investigative Unit Auditing Revolving Fund in the State Treasury, which will be managed by the State Auditor and Inspector. The fund will receive money from multiple sources, including funds withheld from municipal gasoline tax allocations, legislative appropriations for investigative municipal audits, and any remaining funds from a previous version of the same fund. The purpose of this revolving fund is to offset expenses related to special investigative audits of municipal governments. The fund is designated as a continuing fund not limited by fiscal year constraints, and expenditures will be made through warrants issued by the State Treasurer based on claims approved by the Office of Management and Enterprise Services. The bill is set to become effective on July 1, 2025, and includes an emergency clause stating that it is immediately necessary for public peace, health, or safety, which allows the act to take effect immediately upon passage and approval.

Budget and Finance

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1433&Session=2600