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§ 288.5B. Sustaining Oklahoma's Energy Resources Revolving Fund

Oklahoma Statutes AnnotatedTitle 52. Oil and Gas

Oklahoma Statutes Annotated
Title 52. Oil and Gas (Refs & Annos)
Chapter 3. Conservation of Oil and Gas
Oklahoma Energy Education and Marketing Act
52 Okl.St.Ann. § 288.5B
§ 288.5B. Sustaining Oklahoma's Energy Resources Revolving Fund
There is hereby created in the State Treasury a revolving fund for the Committee for Sustaining Oklahoma's Energy Resources to be designated the “Sustaining Oklahoma's Energy Resources Revolving Fund”. The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies transferred to the Committee for Sustaining Oklahoma's Energy Resources to further the purposes of this act from any public appropriations and donations, grants, contributions or gifts from any public or private source. All monies accruing to the credit of the fund are hereby appropriated and may be budgeted and expended by the Committee for Sustaining Oklahoma's Energy Resources for the purpose of encouraging and funding research and development of new technologies in the oil and natural gas industry and funding activities to support marginally producing oil and gas wells. Expenditures from the fund shall be made upon warrants issued by the State Treasurer against claims filed as prescribed by law with the Director of the Office of Management and Enterprise Services for approval and payment.

Credits

Laws 2008, c. 309, § 2, emerg. eff. June 2, 2008; Laws 2012, c. 304, § 214; Laws 2013, c. 199, § 3, eff. July 1, 2013.
52 Okl. St. Ann. § 288.5B, OK ST T. 52 § 288.5B
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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