Oklahoma § 17-315

§ 17-315.

Corporation Commission Storage Tank Revolving Fund.

Oklahoma Statutes - Title 17. Corporation Commission

There is hereby created in the State Treasury a revolving fund

for the Corporation Commission, to be designated the "Corporation

Commission Storage Tank Revolving Fund", (Storage Tank Revolving

Fund). The fund shall be a continuing fund, not subject to fiscal

year limitations, and shall consist of all monies received by the

Commission, from:

1. The proceeds of any fees imposed pursuant to the provisions

of the Oklahoma Petroleum Storage Tank Consolidation Act, Section

301 et seq. of this title;

2. Interest attributable to investment of monies in the

Corporation Commission Storage Tank Revolving Fund;

3. Monies received by the Commission in the form of gifts,

grants other than federal grants, reimbursements or appropriations

from any source intended to be used for the purposes of the

revolving fund;

4. Fines, forfeitures, administrative fees, settlement

proceeds; and

5. Any other sums designated for deposit to the revolving fund

from any source public or private.

All monies accruing to the credit of said revolving fund are

hereby appropriated and may be budgeted and expended by the

Commission for the purpose of implementing the provisions of the

Oklahoma Petroleum Storage Tank Consolidation Act and the rules

promulgated thereto. Expenditures from said revolving fund shall be

made upon warrants issued by the State Treasurer against claims

filed as prescribed by law with the Director of the Office of

Management and Enterprise Services for approval and payment.

Added by Laws 1989, c. 90, § 15, emerg. eff. April 21, 1989.

Amended by Laws 1990, c. 252, § 13, operative July 1, 1990; Laws

1993, c. 344, § 12, emerg. eff. June 9, 1993; Laws 1998, c. 375, §

22, emerg. eff. June 9, 1998; Laws 2005, c. 435, § 11, eff. Nov. 1,

2005; Laws 2012, c. 304, § 61; Laws 2018, c. 27, § 17, eff. Nov. 1,

2018.