The bill, known as Senate Bill No. 1000, pertains to the ROA-25 Revolving Fund and mandates specific financial transfers to this fund. It requires the State Treasurer to transfer a total of $180 million from the Perform Fund, as established in Section 3646.5 of Title 68 of the Oklahoma Statutes, to the ROA-25 Revolving Fund. Additionally, the bill authorizes a transfer of $75 million from the funds appropriated to the Oklahoma Department of Commerce, as outlined in the previous legislative session.

The bill establishes that these funds are to be budgeted and expended in accordance with existing laws, ensuring that the financial management of the ROA-25 Revolving Fund adheres to regulatory requirements. This legislative action aims to bolster the resources available within the ROA-25 Revolving Fund, facilitating its intended purposes.

Statutes affected:
Introduced: 82-870
Committee Substitute: 82-870
Floor (House): 82-870
Floor (Senate): 82-870
Engrossed: 82-870
Amended And Engrossed: 82-870