Oklahoma § 73-98.7 - Financial report - Termination of commission, transfer of

§ 73-98.7. Financial report - Termination of commission, transfer of

powers.

A. The Oklahoma Capitol Complex and Centennial Commemoration

Commission shall submit a financial report of the activities of the

Commission to the Governor, the Speaker of the House of

Representatives, and the President Pro Tempore of the Senate by

March 31, 2008. The financial report shall include a summary and

accounting of all centennial projects and activities funded by the

Commission, the final budget for the Commission, a list of any

outstanding or anticipated obligations, and the anticipated balance

of any monies remaining after July 1, 2008, in any funds designated

for the Commission.

B. Upon termination of the Oklahoma Capitol Complex and

Centennial Commemoration Commission on July 1, 2008, any remaining

rights and responsibilities of the Commission, including the rights

and responsibilities of the Oklahoma Capitol Complex and Centennial

Commemoration Commission Revolving Fund created in Section 98.5 of

Title 73 of the Oklahoma Statutes shall be transferred to the

Oklahoma Department of Commerce. The transfer shall include all

property, furniture, equipment, supplies, records, current and

Oklahoma Statutes - Title 73. State Capital and Capitol Building

future liabilities, fund balances, encumbrances, obligations, and

indebtedness associated with the Commission on July 1, 2008.

Added by Laws 2007, c. 244, § 1, eff. Jan. 1, 2008.