Okla. Stat. tit. 69, § 69-4041

This is the official text of Okla. Stat. tit. 69, § 69-4041, part of Oklahoma’s Stat. tit. 69, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 69,." Browse the sections below, each linked to its official government source.

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Oklahoma Route 66 Commission Revolving Fund

Official statutory text

A. There is hereby created in the State Treasury a revolving

fund to be designated as the "Oklahoma Route 66 Commission Revolving

Fund", which shall consist of all monies appropriated, transferred,

or otherwise designated to the fund by law. The revolving fund

shall be a continuing fund, not subject to fiscal year limitations,

and shall be under the administration of the Oklahoma Route 66

Commission. All monies accruing to the credit of said fund are

hereby appropriated, and shall be budgeted and expended in

accordance with the provisions of subsection B of this section for

the purpose of preserving and developing Route 66 and commemorating

the Route 66 Centennial.

B. Funds shall be budgeted or expended from the Oklahoma Route

66 Commission Revolving Fund in accordance with rules adopted by the

Commission.

C. The Oklahoma Route 66 Commission shall promulgate, pursuant

to the provisions of the Administrative Procedures Act, permanent

rules subject to approval by the Legislature, to implement:

1. Application procedures for projects submitting requests for

funds;

2. Processes for awarding of funding applications;

3. Details of the Commission's general duties;

4. Reporting requirements of the Commission to the Legislature;

and

5. Any other rules necessary to carry out the purpose and

mission of the Commission as expressed in this act.

D. All unencumbered funds remaining in the Oklahoma Route 66

Commission Revolving Fund upon the expiration of the Oklahoma Route

66 Commission shall be transferred to the State Treasurer for

deposit in the General Revenue Fund.

Status: in_force · Read it on the official government site

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