Oklahoma § 3-414 - Oklahoma Air Service Development Grant Program Revolving

§ 3-414. Oklahoma Air Service Development Grant Program Revolving

Fund.

There is hereby created in the State Treasury a revolving fund

for the Oklahoma Department of Aerospace and Aeronautics to be

Oklahoma Statutes - Title 3. Aircraft and Airports

designated the “Oklahoma Air Service Development Grant Program

Revolving Fund”. The fund shall be a continuing fund, not subject

to fiscal year limitations, and shall consist of all monies received

by the Tax Commission which are specifically required by law to be

deposited in the fund, any public or private donations,

contributions and gifts received for the benefit of the fund, and

any amounts appropriated by the Legislature. All monies accruing to

the credit of the fund are hereby appropriated and may be budgeted

and expended by the Oklahoma Department of Aerospace and Aeronautics

for the purpose of funding grants as provided in Section 411 et seq.

of this title. Expenditures from the 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 2022, c. 203, § 4, eff. Nov. 1, 2022. Amended by Laws

2023, c. 126, § 20, eff. Nov. 1, 2023.