STATE GOVERMENT FINANCE
OKLAHOMA 2024 SESSION LAW SERVICE Fifty-Ninth Legislature, 2024 Second Regular Session
2024 Okla. Sess. Law Serv. Ch. 312 (H.B. 4066) (WEST)
OKLAHOMA 2024 SESSION LAW SERVICE
Fifty-Ninth Legislature, 2024 Second Regular Session
CHAPTER 312
H.B. No. 4066
STATE GOVERMENT FINANCE
An Act relating to state government finance; creating the Federal Overreach and Extraordinary Litigation Revolving Fund; placing the fund under the control of the Office of the Attorney General; establishing fund characteristics and purpose; authorizing and limiting budgeting and expenditure of funds; requiring certain expenditure procedures; defining term; providing for codification; providing an effective date; and declaring an emergency.
SUBJECT: State government finance
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 18q–1 of Title 74, unless there is created a duplication in numbering, reads as follows:
<< OK ST T. 74 § 18q–1 >>
A. There is hereby created in the State Treasury a revolving fund for the Office of the Attorney General to be designated the “Federal Overreach and Extraordinary Litigation Revolving Fund”. The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies eligible and designated for deposit by law. All monies accruing to the credit of the fund are hereby appropriated and may be budgeted and expended by the Office of the Attorney General for the purposes of addressing federal overreach. Expenditures from said 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. For purposes of this section, the term “addressing federal overreach” includes efforts by the Office of the Attorney General related to:
1. Duties assigned pursuant to paragraph 24 of subsection A of Section 18b of Title 74 of the Oklahoma Statutes;
2. The State Reserved Powers Protection Unit created pursuant to Section 18q of Title 74 of the Oklahoma Statutes; and
3. Extraordinary litigation and other expenses related to any of the following: foreign threats, interstate crime, terrorist organizations, gross violations of public trust, and statewide public safety.
SECTION 2. This act shall become effective July 1, 2024.
SECTION 3. 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 May 15, 2024.
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