Oklahoma § 62-160.1 - Comprehensive Cancer Center Debt Service Revolving Fund

§ 62-160.1. Comprehensive Cancer Center Debt Service Revolving Fund

There is hereby created in the State Treasury a revolving fund

for the University of Oklahoma Health Sciences Center to be

designated the "Comprehensive Cancer Center Debt Service Revolving

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

year limitations, and shall consist of all monies apportioned to the

fund pursuant to Sections 302-5 and 402-3 of Title 68 of the

Oklahoma Statutes. All monies accruing to the credit of the fund

are hereby appropriated and may be budgeted and expended by the

University for the purpose of construction, operations and servicing

debt obligations incurred by the University to construct a

nationally designated comprehensive cancer center. The cancer

center constructed shall include a department known as the Janna L.

Robbins Memorial Colorectal Screening and Research Department that

has a primary function of conducting research and screening

procedures for the treatment and detection of colorectal cancer.

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 2004, c. 322, § 5, eff. Dec. 1, 2004 (State Question

No. 713, Legislative Referendum No. 336, adopted at election held

Nov. 2, 2004). Amended by Laws 2007, c. 294, § 1, eff. July 1,

2007; Laws 2012, c. 304, § 453.