The bill, known as Senate Bill No. 1000, pertains to the ROA-25 Revolving Fund and outlines specific financial transfers to enhance its funding. It mandates 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 designated by the 59th Oklahoma Legislature. Both amounts are to be budgeted and expended in accordance with existing laws.

This legislation aims to bolster the ROA-25 Revolving Fund by providing substantial financial resources, thereby facilitating its operational capabilities. The bill emphasizes the importance of adhering to budgeting and expenditure requirements, ensuring that the funds are utilized effectively and in compliance with legal standards.

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