There is hereby created in the State Treasury a revolving fund for the Oklahoma Department of Emergency Management and Homeland Security to be designated the "Emergency Relief and Impacts Revolving Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies received by the Oklahoma Department of Emergency Management and Homeland Security from all sources designated by law. All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the Oklahoma Department of Emergency Management and Homeland Security for the purpose of the Emergency Relief and Impacts Grant Program. Expenditures from said 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. All expenditures from said fund derived of deposits made from the Statewide Recovery Fund of the State Treasury created in Enrolled House Bill No. 3349 of the 2nd Session of the 58th Oklahoma Legislature, shall be made in accordance with the provisions and guidance of the American Rescue Plan Act of 2021, Public Law No. 117-2, Section 604.
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