Okla. Stat. tit. 70, § 70-697.11

Revolving fund.

A. In addition to internship and residency programs previously

established and funded, it is the intent of the Legislature that the

Health Care Workforce Training Commission, in cooperation with the

Oklahoma Health Care Authority, establish a Critical Need Internship

and Residency Program. The purpose of the Program is to fund

internship and residency programs across the state in areas of

critical need. The determination of areas of critical need shall be

made through a cooperative effort between the University of Oklahoma

College of Medicine and the Oklahoma State University College of

Oklahoma Statutes - Title 70. Schools Page 1093

Osteopathic Medicine. The findings shall be reported to the

Commission by July 1, 2006, and every three (3) years thereafter.

B. The University of Oklahoma College of Medicine and the

Oklahoma State University College of Osteopathic Medicine shall

annually provide to the Commission a report outlining the areas of

physician shortages in each specialty area. The report shall be the

basis for the cooperative funding of critical need physician

specialties for the current fiscal year.

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

fund for the Health Care Workforce Training Commission to be

designated the "Critical Need Internship and Residency Fund". The

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

limitations, and shall consist of all monies received by the Health

Care Workforce Training Commission for funding internship and

residency programs in areas of critical need. All monies accruing

to the credit of the fund are hereby appropriated and may be

budgeted and expended by the Health Care Workforce Training

Commission for such costs. 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 Office of Management and

Enterprise Services for approval and payment.