Okla. Stat. tit. 52, § 52-288.5B
This is the official text of Okla. Stat. tit. 52, § 52-288.5B, part of Oklahoma’s Stat. tit. 52, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 52,." Browse the sections below, each linked to its official government source.
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Sustaining Oklahoma's Energy Resources Revolving Fund
Official statutory text
There is hereby created in the State Treasury a revolving fund
for the Committee for Sustaining Oklahoma's Energy Resources to be
designated the "Sustaining Oklahoma's Energy Resources Revolving
Fund". The fund shall be a continuing fund, not subject to fiscal
year limitations, and shall consist of all monies transferred to the
Committee for Sustaining Oklahoma's Energy Resources to further the
purposes of this act from any public appropriations and donations,
grants, contributions or gifts from any public or private source.
All monies accruing to the credit of the fund are hereby
appropriated and may be budgeted and expended by the Committee for
Sustaining Oklahoma's Energy Resources for the purpose of
encouraging and funding research and development of new technologies
in the oil and natural gas industry and funding activities to
support marginally producing oil and gas wells. 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
Oklahoma Statutes - Title 52. Oil and Gas Page 148
Office of Management and Enterprise Services for approval and
payment.
for the Committee for Sustaining Oklahoma's Energy Resources to be
designated the "Sustaining Oklahoma's Energy Resources Revolving
Fund". The fund shall be a continuing fund, not subject to fiscal
year limitations, and shall consist of all monies transferred to the
Committee for Sustaining Oklahoma's Energy Resources to further the
purposes of this act from any public appropriations and donations,
grants, contributions or gifts from any public or private source.
All monies accruing to the credit of the fund are hereby
appropriated and may be budgeted and expended by the Committee for
Sustaining Oklahoma's Energy Resources for the purpose of
encouraging and funding research and development of new technologies
in the oil and natural gas industry and funding activities to
support marginally producing oil and gas wells. 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
Oklahoma Statutes - Title 52. Oil and Gas Page 148
Office of Management and Enterprise Services for approval and
payment.
Status: in_force · Read it on the official government site
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