Bill > SB1000

This bill requires the State Treasurer to transfer two separate amounts to the ROA-25 Revolving Fund: first, $180 million from the Perform Fund established in Title 68 of Oklahoma Statutes, and second, $75 million from monies previously appropriated to the Oklahoma Department of Commerce. Both transfers are to be budgeted and expended in accordance with existing law, and are related to the ROA-25 Revolving Fund originally created by Enrolled House Bill No. 2781 during the 1st Session of the 60th Oklahoma Legislature. The bill provides specific instructions for transferring these funds and ensures that the transfers will be made to support the designated revolving fund, though the specific purpose or intended use of the ROA-25 Revolving Fund is not detailed in the provided text. The total amount being transferred is $255 million, which will be managed according to established legal procedures.

Agriculture and Natural Resources, Budget and Finance

http://www.oklegislature.gov/BillInfo.aspx?Bill=sb1000&Session=2600