Okla. Stat. tit. 62, § 62-255.4
This is the official text of Okla. Stat. tit. 62, § 62-255.4, part of Oklahoma’s Stat. tit. 62, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 62,." Browse the sections below, each linked to its official government source.
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Workforce Coordination Revolving Fund
Official statutory text
A. There is hereby created in the State Treasury a revolving
fund for the Oklahoma Workforce Commission to be designated the
"Workforce Coordination Revolving Fund". The fund shall be a
continuing fund, not subject to fiscal year limitations, and shall
consist of all monies directed for deposit by law from the Statewide
Recovery Fund in Section 255 of Title 62 of the Oklahoma Statutes.
All monies accruing to the credit of said fund are hereby
appropriated and may be budgeted and expended by the Commission for
the purpose of creating a workforce data integration system,
providing grants for critical workforce needs, and administering
these projects. No funds shall be used for expenses that violate
the federal guidelines for the American Rescue Plan Act of 2021,
Public Law No. 117-2, or be used for projects not in accordance with
policy enacted under the efforts of the Education and Economic
Development Working Group within the Joint Committee on Pandemic
Relief Funding. Expenditures from said 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 funds remaining in the Workforce Coordination Revolving
Fund as of July 1, 2024, are hereby considered obligated by the
Oklahoma Legislature for the purpose of workforce development
initiatives.
Oklahoma Statutes - Title 62. Public Finance Page 359
fund for the Oklahoma Workforce Commission to be designated the
"Workforce Coordination Revolving Fund". The fund shall be a
continuing fund, not subject to fiscal year limitations, and shall
consist of all monies directed for deposit by law from the Statewide
Recovery Fund in Section 255 of Title 62 of the Oklahoma Statutes.
All monies accruing to the credit of said fund are hereby
appropriated and may be budgeted and expended by the Commission for
the purpose of creating a workforce data integration system,
providing grants for critical workforce needs, and administering
these projects. No funds shall be used for expenses that violate
the federal guidelines for the American Rescue Plan Act of 2021,
Public Law No. 117-2, or be used for projects not in accordance with
policy enacted under the efforts of the Education and Economic
Development Working Group within the Joint Committee on Pandemic
Relief Funding. Expenditures from said 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 funds remaining in the Workforce Coordination Revolving
Fund as of July 1, 2024, are hereby considered obligated by the
Oklahoma Legislature for the purpose of workforce development
initiatives.
Oklahoma Statutes - Title 62. Public Finance Page 359
Status: in_force · Read it on the official government site
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