PANDEMIC RELIEF PRIMARY SOURCE REVOLVING FUND
OKLAHOMA 2024 SESSION LAW SERVICE Fifty-Ninth Legislature, 2024 Second Regular Session
2024 Okla. Sess. Law Serv. Ch. 404 (H.B. 2937) (WEST)
OKLAHOMA 2024 SESSION LAW SERVICE
Fifty-Ninth Legislature, 2024 Second Regular Session
CHAPTER 404
H.B. No. 2937
PANDEMIC RELIEF PRIMARY SOURCE REVOLVING FUND
An Act relating to the Pandemic Relief Primary Source Revolving Fund; amending Enrolled House Bill No. 1022 of the 2nd Extraordinary Session of the 58th Oklahoma Legislature; making an appropriation; identifying sources; establishing amounts; providing purposes; creating Statewide Recovery Special Accounts for the Oklahoma Water Resources Board; making appropriations; identifying source; establishing amount; providing purpose; providing for noncodification; providing an effective date; and declaring an emergency.
SUBJECT: Pandemic Relief Primary Source Revolving Fund
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. There is hereby amended Section 1 of Enrolled House Bill No. 1022 of the 2nd Extraordinary Session of the 58th Oklahoma Legislature, an appropriation to the Pandemic Relief Primary Source Revolving Fund, created in Enrolled House Bill No. 1021 of the 2nd Extraordinary Session of the 58th Oklahoma Legislature. There is hereby appropriated to the Pandemic Relief Primary Source Revolving Fund, created in Enrolled House Bill No. 1021 of the 2nd Extraordinary Session of the 58th Oklahoma Legislature, from monies not otherwise appropriated from the Statewide Recovery Fund of the State Treasury created in Enrolled House Bill No. 3349 of the 2nd Session of the 58th Oklahoma Legislature, the sum of Fifty Million Dollars ($50,000,000.00) to be administered in accordance with the provisions of Enrolled House Bill No. 1021 of the 2nd Extraordinary Session of the 58th Oklahoma Legislature.
SECTION 2. There is hereby appropriated to the Pandemic Relief Primary Source Revolving Fund, created in Enrolled House Bill No. 1021 of the 2nd Extraordinary Session of the 58th Oklahoma Legislature, from interest monies not otherwise appropriated from the Statewide Recovery Fund of the State Treasury created in Enrolled House Bill No. 3349 of the 2nd Session of the 58th Oklahoma Legislature, the sum of Ten Million Dollars ($10,000,000.00) in interest funds to be administered in accordance with the provisions of Enrolled House Bill No. 1021 of the 2nd Extraordinary Session of the 58th Oklahoma Legislature.
SECTION 3. There is hereby appropriated to the Oklahoma Water Resources Board from any monies not otherwise appropriated from the Statewide Recovery Fund of the State Treasury created in Enrolled House Bill No. 3349 of the 2nd Session of the 58th Oklahoma Legislature, the sum of Ten Million Dollars ($10,000,000.00) or so much thereof as may be necessary to establish a grant program, and to match tribal investment in rural water infrastructure projects.
SECTION 4. NEW LAW A new section of law not to be codified in the Oklahoma Statutes reads as follows:
A. There is hereby created in the State Treasury a Statewide Recovery Special Account for the Oklahoma Water Resources Board for each appropriation section of this act. The duration of such accounts shall continue for the period of time that monies related to the American Rescue Plan Act of 2021 are being budgeted, expended, or managed in the state. The ending of such period shall be determined by the State Treasurer, and shall result in the closing of such accounts as a matter of law. Such accounts shall be continuing accounts as otherwise provided in this section, not subject to fiscal year limitations, and shall exclusively consist of monies related to the relevant appropriations made in this act and as otherwise directed by law. All monies deposited to the credit of such accounts are hereby appropriated and may be budgeted and expended by the Oklahoma Water Resources Board in accordance with the provisions of this act. Expenditures from such accounts 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. The Oklahoma Water Resources Board is authorized to request in writing that the monies appropriated by the provisions of this act be deposited or transferred to the accounts created pursuant to subsection A of this section. No later than seven (7) calendar days from the date of such request, the Director of the Office of Management and Enterprise Services shall comply with such request and verify to the requesting agency that such deposit or transfer has been completed.
SECTION 5. NEW LAW A new section of law not to be codified in the Oklahoma Statutes reads as follows:
The Oklahoma Water Resources Board may enter into memorandums of understanding with other agencies of the State of Oklahoma for the auditing, documentation, evaluation, implementation, oversight, reporting, and management of funds and associated efforts related to the appropriations made in this act; provided, that no such memorandum of understanding shall require or include, as an option or condition, the direct or practical transfer or relinquishment of control by the agency appropriated such funds to budget, expend, allocate, and request the distribution of the funds appropriated by this act.
SECTION 6. NEW LAW A new section of law not to be codified in the Oklahoma Statutes reads as follows:
The Oklahoma Water Resources Board may promulgate rules, utilize existing rules, establish procedures, and utilize existing procedures to implement the provisions of this act; provided, such rules and procedures do not conflict with or impede the provisions of this act.
SECTION 7. NEW LAW A new section of law not to be codified in the Oklahoma Statutes reads as follows:
The Oklahoma Water Resources Board is authorized to enter into contracts with financial institutions and execute such instruments as may be necessary and convenient to hold and disseminate grant funds in accordance with applicable federal and state regulations and Board policies.
SECTION 8. NEW LAW A new section of law not to be codified in the Oklahoma Statutes reads as follows:
From the funds appropriated by Section 3 of this act, the Oklahoma Water Resources Board shall retain no more than four percent (4%) of the funds appropriated by this act to reimburse:
1. Costs incurred by the Oklahoma Water Resources Board; or
2. Costs incurred on the agency's behalf,
associated with the administration of the appropriated funds and programming required by the Oklahoma Water Resources Board under the provisions of this act; provided, that no funds shall be retained that would be disallowable under the provisions of the American Rescue Plan Act of 2021.
SECTION 9. NEW LAW A new section of law not to be codified in the Oklahoma Statutes reads as follows:
A. The Oklahoma Water Resources Board shall:
1. Submit to the Chairs of the Joint Committee on Pandemic Relief Funding, or any successor Senate legislative or House of Representatives legislative committee or joint committee, as designated by the President Pro Tempore of the Senate and the Speaker of the House of Representatives:
a. a written or electronic quarterly report detailing the budgeting, expenditure, and management of all monies appropriated in this act, and
b. a copy of all memorandums of understanding and contracts with third parties entered into by the Oklahoma Water Resources Board to facilitate, assist, or administer powers and duties provided to the Oklahoma Water Resources Board under the provisions of this act; and
2. At the Joint Committee on Pandemic Relief Funding's request, appear before the Joint Committee no later than six (6) months after the effective date of this act, and as otherwise requested by the Joint Committee to provide a status update regarding the implementation of the provisions of this act.
B. The provisions of subsection A of this section shall remain applicable for the period of time that monies appropriated under this act are being budgeted, expended, or managed in the state. The ending of such period shall be determined by the State Treasurer, and shall be reported to the Governor, President Pro Tempore of the Senate and the Speaker of the House of Representatives.
SECTION 10. This act shall become effective July 1, 2024.
SECTION 11. It being immediately necessary for the preservation of the public peace, health or safety, an emergency is hereby declared to exist, by reason whereof this act shall take effect and be in full force from and after its passage and approval.
Approved June 14, 2024.
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