1 STATE OF OKLAHOMA
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2 1st Session of the 59th Legislature (2023)
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3 SENATE BILL 1127 By: Thompson (Roger) and Hall
3 of the Senate
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4 and
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5 Wallace and Martinez of the
6 House
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9 AS INTRODUCED
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10 An Act relating to appropriations; making an
10 appropriation to the Oklahoma State Regents for
11 Higher Education; stating purpose; providing lapse
11 dates; requiring and prohibiting certain budget
12 procedures; and declaring an emergency.
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15 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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16 SECTION 1. There is hereby appropriated to the Oklahoma State
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17 Regents for Higher Education from any monies not otherwise
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18 appropriated from the General Revenue Fund of the State Treasury for
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19 the fiscal year ending June 30, 2024, the sum of One Hundred
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20 Thousand Dollars ($100,000.00) or so much thereof as may be
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21 necessary to perform the duties imposed upon the Oklahoma State
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22 Regents for Higher Education by law.
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23 SECTION 2. Appropriations made by this act, not including
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24 appropriations made for capital outlay purposes, may be budgeted for
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 1 the fiscal year ending June 30, 2024 (hereafter FY-24), or may be
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2 budgeted for the fiscal year ending June 30, 2025 (hereafter FY-25).
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3 Funds budgeted for FY-24 may be encumbered only through June 30,
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4 2024, and must be expended by November 15, 2024. Any funds
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5 remaining after November 15, 2024, and not budgeted for FY-25, shall
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6 lapse to the credit of the proper fund for the then current fiscal
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7 year. Funds budgeted for FY-25 may be encumbered only through June
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8 30, 2025. Any funds remaining after November 15, 2025, shall lapse
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9 to the credit of the proper fund for the then current fiscal year.
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10 These appropriations may not be budgeted in both fiscal years
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11 simultaneously. Funds budgeted in FY-24 and not required to pay
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12 obligations for that fiscal year, may be budgeted for FY-25, after
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13 the agency to which the funds have been appropriated has prepared
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14 and submitted a budget work program revision removing these funds
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15 from the FY-24 budget work program and after such revision has been
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16 approved by the Office of Management and Enterprise Services.
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17 SECTION 3. It being immediately necessary for the preservation
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18 of the public peace, health or safety, an emergency is hereby
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19 declared to exist, by reason whereof this act shall take effect and
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20 be in full force from and after its passage and approval.
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22 59-1-1801 LG 2/20/2023 9:28:36 AM
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