Bill Text For HB1540 - Senate Floor Version

 1|                        SENATE FLOOR VERSION                           |
  |                           April 23, 2025                              |
 2|                             AS AMENDED                                |
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 3|ENGROSSED HOUSE                                                        |
  |BILL NO. 1540                        By: Patzkowsky and Deck of the    |
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 5|                                         and                           |
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 6|                                         Murdock of the Senate         |
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 9|       [ appropriations - Revolving Fund - sources - purpose           |
  |       - effective date -                         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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arsid1334832 SENATE FLOOR VERSION - HB1540 SFLR                    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|COMMITTEE REPORT BY: COMMITTEE ON APPROPRIATIONS                       |
  |April 23, 2025 - DO PASS AS AMENDED                                    |
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arsid1334832 SENATE FLOOR VERSION - HB1540 SFLR                    Page 2
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