Bill > HB2789

This bill appropriates a total of $9,925,661.48 to the Oklahoma Water Resources Board from the Statewide Recovery Fund, with $3,300,000 allocated for a specific project and $6,625,661.48 for completing projects that did not previously receive funding. The bill creates special, continuing accounts in the State Treasury for these appropriations, which will remain open as long as American Rescue Plan Act (ARPA) funds are being managed in the state. The Oklahoma Water Resources Board is authorized to request fund transfers, enter into memorandums of understanding with other state agencies, and promulgate rules for implementing the appropriations. The Board can retain up to 4% of the appropriated funds for administrative costs and must submit quarterly reports to legislative committees, detailing expenditures and providing copies of any related contracts or agreements. The Board may also be required to appear before the Joint Committee on Pandemic Relief Funding to provide status updates. The bill is set to become effective on July 1, 2025, and contains an emergency clause allowing immediate implementation upon passage and approval.

Budget and Finance

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb2789&Session=2600