Bill No. 2767 proposes the transfer of funds to the ROA-25 Revolving Fund, specifically requiring the State Treasurer to transfer $180 million from the Perform Fund, as established in Section 3646.5 of Title 68 of the Oklahoma Statutes. This amount is to be budgeted and expended in accordance with existing law. Additionally, the bill authorizes the Oklahoma Department of Commerce to transfer $75 million from appropriations made to the department during the 1st Session of the 59th Oklahoma Legislature to the same ROA-25 Revolving Fund, also to be budgeted and expended according to legal requirements.
The bill aims to enhance the financial resources available in the ROA-25 Revolving Fund, thereby supporting its intended purposes. The specified amounts for transfer are significant, totaling $255 million, which reflects a substantial investment in the fund's objectives. The bill has passed the House of Representatives on May 20, 2025, indicating legislative support for these financial adjustments.