1 STATE OF OKLAHOMA
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2 2nd Session of the 59th Legislature (2024)
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3 SENATE BILL 1391 By: Rogers
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6 AS INTRODUCED
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7 An Act relating to the Oklahoma Water Resources
7 Board; creating the Arkansas River Levee Improvement
8 Revolving Fund; making an appropriation; stating
8 source of funds; allowing certain deposits; stating
9 purpose; providing for codification; providing an
9 effective date; and declaring an emergency.
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12 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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13 SECTION 1. NEW LAW A new section of law to be codified
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14 in the Oklahoma Statutes as Section 1085.7D of Title 82, unless
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15 there is created a duplication in numbering, reads as follows:
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16 A. There is hereby created in the State Treasury a revolving
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17 fund for the Oklahoma Water Resources Board to be designated the
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18 “Arkansas River Levee Improvement Revolving Fund”. The fund shall
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19 be a continuing fund, not subject to fiscal year limitations, and
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20 shall consist of all monies received by the Oklahoma Water Resources
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21 Board from legislative appropriations provided for the purpose of
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22 providing levee improvements and matching funds for levee projects
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23 along the Arkansas River. All monies accruing to the credit of the
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24 fund are hereby appropriated and may be budgeted and expended by the
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 1 Oklahoma Water Resources Board for the purpose provided for in this
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2 section. Expenditures from the fund shall be made upon warrants
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3 issued by the State Treasurer against claims filed as prescribed by
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4 law with the Director of the Office of Management and Enterprise
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5 Services for approval and payment.
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6 B. Notwithstanding any other provision of law, income and
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7 earnings on the fund shall accrue to the fund and may be used for
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8 the purposes provided for in this section.
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9 SECTION 2. There is hereby appropriated to the Oklahoma Water
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10 Resources Board for deposit to the Arkansas River Levee Improvement
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11 Revolving Fund from any monies not otherwise appropriated from the
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12 General Revenue Fund of the State Treasury for the fiscal year
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13 ending June 30, 2025, the sum of Sixty-seven Million Dollars
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14 ($67,000,000.00) or so much thereof as may be necessary to fund the
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15 Arkansas River Levee Improvement Revolving Fund.
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16 SECTION 3. This act shall become effective July 1, 2024.
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17 SECTION 4. 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 59-2-3058 JC 12/15/2023 1:57:14 PM
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