Oklahoma § 73-179

§ 73-179.

1995 Tourism Bond Revolving Fund.

Oklahoma Statutes - Title 73. State Capital and Capitol Building

A. There is hereby created in the State Treasury a revolving

fund for the Oklahoma Tourism and Recreation Department, to be

designated the "1995 Tourism Bond Revolving Fund". The fund shall

be a continuing fund, not subject to fiscal year limitations, and

shall consist of all revenues generated pursuant to the provisions

of Section 178 of this title, which are not otherwise committed for

other lawful purposes. All monies accruing to the credit of the

fund are hereby appropriated and may be budgeted and expended by the

Oklahoma Tourism and Recreation Department for purposes of retiring

the debt created pursuant to Section 178 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.

B. Any revenues generated pursuant to Section 178 of this

title, and not expended for purposes of meeting the requirements of

subsection A of this section, may be expended for paying the

operations and maintenance expenses for facilities created pursuant

to Section 178 of this title.

C. The Oklahoma Tourism and Recreation Department shall submit

an annual report to the President Pro Tempore of the Senate, the

Speaker of the House of Representatives, and the Governor detailing

the revenues generated and detailing the operating and maintenance

expenses in the previous fiscal year which are attributable to the

repairs, refurbishments and improvements to Oklahoma Tourism and

Recreation Department properties pursuant to Section 178 of this

title. Such report shall be submitted before August 1 of each year.

Added by Laws 1995, c. 334, § 2, emerg. eff. June 8, 1995. Amended

by Laws 1996, c. 348, § 2, eff. July 1, 1996; Laws 2012, c. 304, §

682.