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§ 34.41. Availability of appropriations--Conditioned on budget resources being sufficient

Oklahoma Statutes AnnotatedTitle 62. Public Finance

Oklahoma Statutes Annotated
Title 62. Public Finance (Refs & Annos)
Chapter 1. State Fiscal Affairs
Oklahoma State Finance Act
62 Okl.St.Ann. § 34.41
§ 34.41. Availability of appropriations--Conditioned on budget resources being sufficient
Appropriations shall not be available for contractual or expenditure purposes until allotted as provided in the Oklahoma State Finance Act. Appropriations made by the Legislature to each state agency are hereby declared to be maximum, conditional and proportionate appropriations. The purpose of this section is to make appropriations payable in full in the amounts named only in the event that the estimated budget resources within each state fund during each fiscal year are sufficient to pay all of the appropriations for such fiscal year in full. It is also the purpose of this provision to ensure that there shall be no overdraft or deficit created in the several funds of the state at the end of any fiscal year, and the Director of the Office of Management and Enterprise Services is directed and required so to administer the Oklahoma State Finance Act to prevent such overdraft or deficit.

Credits

Laws 1947, p. 371, § 6, emerg. eff. Feb. 25, 1947. Renumbered from Title 62, § 41.6 and amended by Laws 2009, c. 441, §§ 21, 64, eff. July 1, 2009; Laws 2012, c. 304, § 371.
62 Okl. St. Ann. § 34.41, OK ST T. 62 § 34.41
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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