Oklahoma § 74-2253 - Tourism and Recreation Environmental Loan Proceeds

§ 74-2253. Tourism and Recreation Environmental Loan Proceeds

Revolving Fund.

There is hereby created in the State Treasury a revolving fund

for the Oklahoma Tourism and Recreation Department to be designated

the "Tourism and Recreation Environmental Loan Proceeds Revolving

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

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

State Revolving Fund loan programs as administered by the Oklahoma

Water Resources Board designated specifically for the purposes of

reimbursements, construction, repair, remediation, or improvement of

eligible facilities under the jurisdiction of the Oklahoma Tourism

and Recreation Commission. The fund shall be under the

administrative direction of the Oklahoma Tourism and Recreation

Department. All monies accruing to the credit of the fund may be

budgeted and expended by the Oklahoma Tourism and Recreation

Department for the purpose of constructing, repairing, remediating,

Oklahoma Statutes - Title 74. State Government

improving loan eligible projects, reimbursing the Department for

eligible planning and design expenses, or paying for associated loan

financing requirements. 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 2005, c. 363, § 54, eff. Nov. 1, 2005. Amended by

Laws 2012, c. 304, § 995.