Okla. Stat. tit. 62, § 62-46.3

Fund for 2007.

A. On July 1, 2007, or as soon thereafter as feasible, the

Office of Management and Enterprise Services shall transfer the

following amounts of surplus funds which accrue to the General

Revenue Fund of the State of Oklahoma for the fiscal year ending

June 30, 2007, over and above that which is placed in the

Constitutional Reserve Fund pursuant to Section 23 of Article X of

the Constitution of the State of Oklahoma for the fiscal year ending

June 30, 2007:

1. The first Ten Million Dollars ($10,000,000.00) to the

following entities in order to provide funding for the incremental

revenues necessary to fund the employer contribution rate increases

prescribed by Section 17-108.1 of Title 70 of the Oklahoma Statutes

resulting from the enactment of Enrolled Senate Bill No. 357 of the

1st Session of the 51st Oklahoma Legislature:

a. Six Million Six Hundred Twenty-one Thousand Four

Hundred Sixty-eight Dollars ($6,621,468.00) to the

State Board of Education to transfer to the

appropriate dispensing fund,

b. Two Million Eight Hundred Twenty-one Thousand Ninety-

three Dollars ($2,821,093.00) to the State Regents

Oklahoma Statutes - Title 62. Public Finance Page 178

Revolving Fund (210) of the Oklahoma State Regents for

Higher Education,

c. Five Hundred Thirty-one Thousand Eight Hundred Fifteen

Dollars ($531,815.00) to the State Career Technology

Revolving Fund of the Oklahoma Department of Career

and Technology Education,

d. Two Thousand Nine Hundred Twenty-two Dollars

($2,922.00) to the Oklahoma Department of Corrections

Revolving Fund of the Oklahoma Department of

Corrections,

e. Eleven Thousand Seven Hundred Eighty Dollars

($11,780.00) to the Oklahoma School of Science and

Mathematics Revolving Fund of the Oklahoma School of

Science and Mathematics, and

f. Ten Thousand Nine Hundred Twenty-two Dollars

($10,922.00) to the School for the Blind/Deaf

Revolving Fund (205) for the Department of

Rehabilitation Services;

2. The next Ten Million Dollars ($10,000,000.00) to the State

Emergency Fund;

3. The next Twenty-two Million Dollars ($22,000,000.00) to be

allocated to the following entities for purposes of a teacher salary

increase:

a. Nineteen Million Nine Hundred Fifty-three Thousand One

Hundred Thirty-three Dollars ($19,953,133.00) to the

State Board of Education to transfer to the

appropriate dispensing fund for teacher salary

increases as provided for in Enrolled House Bill No.

1134 of the 1st Session of the Oklahoma Legislature.

These funds shall be distributed in the same manner as

funds appropriated to the State Board of Education for

the financial support of public schools,

b. One Million Seventy-three Thousand Six Hundred Four

Dollars ($1,073,604.00) to the State Board of

Education to transfer to the appropriate dispensing

fund shall be used to implement the Science and

Mathematics Advanced Recruiting Technique Program

which shall provide incentives for the employment of

persons in the common schools of the state who have

advanced degrees in science, mathematics or both such

disciplines,

c. Eight Hundred Forty-five Thousand Seven Hundred

Seventy-eight Dollars ($845,778.00) to the State

Career Technology Revolving Fund of the Oklahoma

Department of Career and Technology Education,

d. Seventy-three Thousand Seven Hundred Twelve Dollars

($73,712.00) to the Department of Corrections

Oklahoma Statutes - Title 62. Public Finance Page 179

Revolving Fund to implement the teacher salary

increase for those employees eligible for such

increase, and

e. Fifty-three Thousand Seven Hundred Seventy-three

Dollars ($53,773.00) to the School for the Blind/Deaf

Revolving Fund (205) for the State Department of

Rehabilitation Services to implement the teacher

salary increase for those employees eligible for such

increase;

4. The next Twenty Million Dollars ($20,000,000.00) to the

State Regents Revolving Fund of the Oklahoma State Regents for
nd

e. Fifty-three Thousand Seven Hundred Seventy-three

Dollars ($53,773.00) to the School for the Blind/Deaf

Revolving Fund (205) for the State Department of

Rehabilitation Services to implement the teacher

salary increase for those employees eligible for such

increase;

4. The next Twenty Million Dollars ($20,000,000.00) to the

State Regents Revolving Fund of the Oklahoma State Regents for

Higher Education for operational expenses within The Oklahoma State

System for Higher Education;

5. The next Sixteen Million Five Hundred Thousand Dollars

($16,500,000.00) to the State Regents Revolving Fund of the Oklahoma

State Regents for Higher Education in order to fund capital

improvements to be allocated as follows:

a. Five Million Five Hundred Thousand Dollars

($5,500,000.00) for the University of Oklahoma,

b. Five Million Five Hundred Thousand Dollars

($5,500,000.00) for Oklahoma State University, and

c. Five Million Five Hundred Thousand Dollars

($5,500,000.00) for the regional universities and two-

year colleges within The Oklahoma State System of

Higher Education;

6. The next Fifteen Million Dollars ($15,000,000.00) to the

Oklahoma Capitol Complex and Centennial Commemoration Commission

Revolving Fund;

7. The next Five Million Five Hundred Thousand Dollars

($5,500,000.00) to the Department of Public Safety Revolving Fund

for a study of the feasibility of implementing a statewide

interoperable communications system and for capital expenditures

necessary to upgrade and maintain the existing statewide emergency

communications system;

8. The next Four Million Dollars ($4,000,000.00) to the State

Regents Revolving Fund of the Oklahoma State Regents for Higher

Education for the construction of a forensics building on the campus

of the University of Central Oklahoma;

9. The next Five Hundred Thousand Dollars ($500,000.00) to the

Research Support Revolving Fund of the Oklahoma Center for the

Advancement of Science and Technology for the purpose of providing

funding for seed capital;

10. The next Six Million Dollars ($6,000,000.00) to the

Research Support Revolving Fund of the Oklahoma Center for the

Advancement of Science and Technology to provide funding for an

Oklahoma Bioenergy Center involving collaborative efforts among

Oklahoma State University, the University of Oklahoma and a private

Oklahoma Statutes - Title 62. Public Finance Page 180

foundation. The amount authorized by this paragraph shall be

allocated equally between the two universities;

11. The next One Million Eight Hundred Thousand Dollars

($1,800,000.00) to the State Regents Revolving Fund of the Oklahoma

State Regents for Higher Education for purposes of capital

expenditures for the Langston University campus if such amount is

utilized to match federal monies available through the United States

Department of Agriculture;

12. The next Two Million Five Hundred Thousand Dollars

($2,500,000.00) to the Rural Fire Equipment Grant Revolving Fund;

13. The next Six Million Five Hundred Thousand Dollars

($6,500,000.00) to the Conservation Commission Infrastructure

Revolving Fund of the Conservation Commission for purposes of

matching funds available through federally authorized programs for

the rehabilitation of flood control structures;

14. The next Five Million Dollars ($5,000,000.00) to the

Private Prison and Halfway House Capacity Development Revolving Fund

for the purposes authorized by Section 561.4 of Title 57 of the

Oklahoma Statutes;

15. The next Five Million Dollars ($5,000,000.00) to the State

Board of Education to transfer to the appropriate dispensing fund

for the Educare Program if the funds are used in connection with a

matching program with a private foundation;

16. The next One Million Dollars ($1,000,000.00) to the

Oklahoma Department of Agriculture, Food, and Forestry to the

Agriculture Revolving Fund for the Justin Whitefield Memorial Youth

Expo Endowment;
) to the State

Board of Education to transfer to the appropriate dispensing fund

for the Educare Program if the funds are used in connection with a

matching program with a private foundation;

16. The next One Million Dollars ($1,000,000.00) to the

Oklahoma Department of Agriculture, Food, and Forestry to the

Agriculture Revolving Fund for the Justin Whitefield Memorial Youth

Expo Endowment;

17. The next Two Million Dollars ($2,000,000.00) to the

Oklahoma Space Industry Development Authority Revolving Fund for the

construction of a security fence and other capital assets;

18. The next Two Hundred Fifty Thousand Dollars ($250,000.00)

to the Oklahoma Department of Agriculture, Food, and Forestry to the

Agriculture Revolving Fund for equipment expenses of the agriculture

laboratory;

19. The next One Million Dollars ($1,000,000.00) to the

Department of Public Safety Revolving Fund of the Department of

Public Safety for vehicle replacement costs;

20. The next Two Million Dollars ($2,000,000.00) to the School

for the Deaf/Blind Revolving Fund of the State Department of

Rehabilitation Services for capital improvements to the Oklahoma

School for the Deaf and the Oklahoma School for the Blind;

21. The next One Million Two Hundred Thousand Dollars

($1,200,000.00) to the Career Technology Revolving Fund of the

Oklahoma Department of Career and Technology Education for an

aerospace industries training program to be offered at the MetroTech

campus facility;

Oklahoma Statutes - Title 62. Public Finance Page 181

22. The next Two Million Dollars ($2,000,000.00) to the

Department of Mental Health Revolving Fund of the Department of

Mental Health and Substance Abuse Services for the "Smart on Crime"

initiative; and

23. The next Fifty Thousand Dollars ($50,000.00) to the Office

of Juvenile Affairs Revolving Fund of the Office of Juvenile Affairs

for the Oklahoma Statewide Gang Intervention Steering Committee as

created pursuant to Enrolled House Bill No. 1760 of the 1st Session

of the 51st Oklahoma Legislature.

B. The transfers authorized pursuant to the provisions of

paragraphs 1 through 23 of subsection A of this section shall not be

subject to fiscal year 2008 agency category or budget limits.