This bill amends Section 195 of Title 62 of the Oklahoma Statutes, which pertains to the creation and management of petty cash funds within various state institutions. The key change in this legislation is the removal of the petty cash fund previously established for the finance department of the Corporation Commission, which was designated for paying litigation expenses related to the legal division. This deletion streamlines the management of petty cash funds by eliminating redundancy and focusing on other essential funds within state agencies.
In addition to the deletion, the bill introduces new petty cash funds for the legal division of the Oklahoma Health Care Authority and the Financial Management section of the Department of Environmental Quality. The Oklahoma Health Care Authority's fund will be used for court-related expenses, while the Department of Environmental Quality's fund will facilitate transactions for licenses and fees. Both funds are capped at specific amounts and will be administered under the oversight of the Director of the Office of Management and Enterprise Services. The bill is set to take effect on November 1, 2026.