A. There is hereby created in the State Treasury a revolving fund for the Oklahoma Historical Society to be designated the “1921 Tulsa Race Riot Centennial Memorial Revolving Fund”. The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies received by the Oklahoma Historical Society from appropriations, donations or any other source and designated for the purpose set forth in this section. All monies accruing to the credit of the fund are hereby appropriated and may be budgeted and expended by the Oklahoma Historical Society for the purpose of commemoration of the centennial of the 1921 Tulsa Race Riot. 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.

B. Any funds in the revolving fund created in Section 8201.2 of Title 74 of the Oklahoma Statutes on the effective date of this act shall be transferred to the 1921 Tulsa Race Riot Centennial Memorial Revolving Fund.