Bill Text For HB1540 - Engrossed

 1|ENGROSSED HOUSE                                                        |
  |BILL NO. 1540                        By: Patzkowsky and Deck of the    |
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 3|                                         and                           |
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 4|                                         Murdock of the Senate         |
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 8|       An Act relating to appropriations; creating the                 |
  |       Oklahoma Workforce Education Partnership Revolving              |
 9|       Fund; providing funding sources; declaring purpose of           |
  |       fund; providing an effective date; and declaring an             |
10|       emergency.                                                      |
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13|BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:                  |
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14|    SECTION 1.  There is hereby created in the State Treasury a        |
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15|revolving fund for the Oklahoma Department of Career and Technology    |
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16|Education to be designated the "Oklahoma Workforce Education           |
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17|Partnership Revolving Fund".  The fund shall be a continuing fund,     |
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18|not subject to fiscal year limitations, and shall consist of all       |
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19|monies received by the Oklahoma Department of Career and Technology    |
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20|Education from monies appropriated or apportioned by the Legislature   |
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21|and gifts, donations, and bequests.  All monies accruing to the        |
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22|credit of said fund are hereby appropriated and may be budgeted and    |
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23|expended by the Oklahoma Department of Career and Technology           |
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24|Education for the purpose of expanding career technology education     |
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arsid3304593 ENGR. H. B. NO. 1540                                  Page 1
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 1|as determined by the Oklahoma Department of Career and Technology      |
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 2|Education using critical occupation data.  Expenditures from said      |
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 3|fund shall be made upon warrants issued by the State Treasurer         |
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 4|against claims filed as prescribed by law with the Director of the     |
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 5|Office of Management and Enterprise Services for approval and          |
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 6|payment.  The provisions of this section shall cease to have the       |
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 7|force and effect of law on July 1, 2030.                               |
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 8|    SECTION 2.  This act shall become effective July 1, 2025.          |
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 9|    SECTION 3.  It being immediately necessary for the preservation    |
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10|of the public peace, health or safety, an emergency is hereby          |
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11|declared to exist, by reason whereof this act shall take effect and    |
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12|be in full force from and after its passage and approval.              |
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13|    Passed the House of Representatives the 12th day of March, 2025.   |
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  |                                     Presiding Officer of the House    |
16|                                                 of Representatives    |
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18|    Passed the Senate the ___ day of __________, 2025.                 |
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  |                                    Presiding Officer of the Senate    |
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arsid3304593 ENGR. H. B. NO. 1540                                  Page 2
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