Oklahoma Code § 62-46.1

Title 62. Public Finance: Transfer of surplus funds accruing to General Revenue
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Fund to certain funds.
A.  On July 1, 2005, or as soon thereafter as feasible, the
Office of Management and Enterprise Services shall transfer any
surplus funds which accrue to the General Revenue Fund of this state
for the fiscal year ending June 30, 2005, 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, 2005, to the following funds and in the
specified amounts:
1.  Fifty percent (50%) to the Oklahoma Dynamic Economy and
Budget Security Fund established in Section 46.2 of this title; and
2.  Fifty percent (50%) to the Oklahoma Taxpayer Relief
Revolving Fund established in Section 2355.2 of Title 68 of the
Oklahoma Statutes.
B.  On July 1, 2006, 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 this state for the fiscal year ending June 30, 2006,
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, 2006:
1.  The first Eighty-five Million Five Hundred Thousand Dollars
($85,500,000.00) to the State Regents Revolving Fund of the Oklahoma

State Regents for Higher Education, to be used for operations of The
Oklahoma State System of Higher Education;
2.  Contingent upon passage and approval of Enrolled House Bill
No. 1169 of the 2nd Extraordinary Session of the 50th Oklahoma
Legislature, the next Forty-five Million Dollars ($45,000,000.00) to
the Oklahoma Opportunity Fund created in Section 48 of this title;
3.  Contingent upon passage and approval of Enrolled Senate Bill
No. 99 of the 2nd Extraordinary Session of the 50th Oklahoma
Legislature, the next One Hundred Fifty Million Dollars
($150,000,000.00) to the Economic Development Generating Excellence
(EDGE) Fund created in Section 47 of this title;
4.  The next Twenty-five Million Dollars ($25,000,000.00) to the
County Bridges and Road Improvement Fund, to be expended for repair,
renovation, rehabilitation, or replacement of county bridges;
5.  The next Seven Million Dollars ($7,000,000.00) to the
Oklahoma Department of Veterans Affairs Revolving Fund, to be used
for expenses associated with the State Veterans Home in Sulphur;
6.  The next Five Million Dollars ($5,000,000.00) to the Rural
Fire Equipment Grant Revolving Fund of the Oklahoma Department of
Agriculture, Food, and Forestry;
7.  The next Eighty Million Dollars ($80,000,000.00) to the
Comprehensive University Capital Projects Revolving Fund created in
Section 2, Chapter 84, O.S.L. 2006;
8.  The next Eight Million Dollars ($8,000,000.00) to the
Tourism Equipment Revolving Fund of the Oklahoma Tourism and
Recreation Department, to be used for operations, capital
improvements and maintenance of state parks;
9.  The next Fifteen Million Dollars ($15,000,000.00) to the
State Emergency Fund created in Section 139.42 of this title;
10.  The next Nine Hundred Thousand Dollars ($900,000.00) to the
Oklahoma Tax Commission Fund created pursuant to Section 221 of this
title for the implementation of a digital license plate system;
11.  The next Thirty-five Million Dollars ($35,000,000.00) to
the Oklahoma Firefighters Pension and Retirement System in order to
replace monies that would otherwise have been apportioned over a
period of years pursuant to paragraph 1 of subsection C of Section
312.1 of Title 36 of the Oklahoma Statutes if such modified
apportionment is enacted pursuant to legislation passed during the
2nd Extraordinary Session of the 50th Oklahoma Legislature.  If such
modification to the apportionment is not enacted as a result of the
passage of such legislation, the sum specified by this paragraph
shall not be transferred to the Oklahoma Firefighters Pension and
Retirement System; and
12.  The next Nine Hundred Thousand Dollars ($900,000.00) to the
Oklahoma Tax Commission Fund created pursuant to Section 221 of this
title for the acquisition of a main frame computer.

The transfers authorized pursuant to the provisions of
paragraphs 1 through 12 of this subsection shall not be subject to
fiscal year 2007 agency category or budget limits.
Added by Laws 2005, c. 446, § 1, eff. July 1, 2005.  Amended by Laws
2006, c. 7, § 5, emerg. eff. March 14, 2006; Laws 2006, 2nd Ex.
Sess., c. 84, § 1, emerg. eff. June 27, 2006; Laws 2012, c. 304, §
425; Laws 2022, c. 83, § 6, emerg. eff. April 25, 2022.

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