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§ 255. Statewide Recovery Fund

Oklahoma Statutes AnnotatedTitle 62. Public FinanceEffective: May 25, 2022

Oklahoma Statutes Annotated
Title 62. Public Finance (Refs & Annos)
Chapter 1. State Fiscal Affairs
Statewide Recovery Fund
Effective: May 25, 2022
62 Okl.St.Ann. § 255
§ 255. Statewide Recovery Fund
Currentness
A. There is hereby created in the State Treasury a special fund to be designated the “Statewide Recovery Fund”. Said fund shall be subject to legislative appropriation or transfer as provided by law and shall consist of:
1. All such monies as the Legislature may direct to be appropriated or transferred to said fund; and
2. All such monies received by the state after the effective date of this act1 pursuant to the American Rescue Plan Act of 2021, Public Law No. 117-2, Section 604 “Coronavirus Capital Projects Fund” and Section 9901 “Coronavirus State and Local Recovery Funds”, less and except the funds dedicated to the Nonentitlement Units of Local Government as described in the American Rescue Plan Act of 2021.
B. Notwithstanding any provision of law to the contrary, all interest and income derived from deposits to the Statewide Recovery Fund shall be credited to the Statewide Recovery Fund.

Credits

Laws 2022, c. 319, § 1, emerg. eff. May 25, 2022.

Footnotes

1
O.S.L. 2022, c. 319, emerg. eff. May 25, 2022.
62 Okl. St. Ann. § 255, OK ST T. 62 § 255
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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