There is hereby created in the State Treasury a revolving fund for the Secretary of Energy and Environment or the successor cabinet position having authority over the Department of Environmental Quality to be designated the "Environmental Remediation Revolving Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies received by the Secretary from Natural Resource Damage Assessments on behalf of the state, pursuant to paragraph 4 of subsection A of Section 1-2-101 of Title 27A of the Oklahoma Statutes, that are not designated for deposit to any other fund as authorized by law. All monies accruing to the credit of the fund are hereby appropriated and may be budgeted and expended by the Secretary to perform the duties imposed by law. 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.
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