Revolving Fund. There is hereby created in the State Treasury a revolving fund for the Oklahoma Historical Society, to be designated the "Oklahoma Museum of Popular Culture Supplemental 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 Historical Society from appropriations of the Legislature designated for deposit in this fund. All monies accruing to the credit of the fund are hereby appropriated and shall be budgeted and expended to provide funding for repairs, planning, staging, refurbishments, and improvements to real and personal property, and funding for construction of the Oklahoma Museum of Popular Culture. No expenditures shall be made from the fund until the State Treasurer determines that funds provided by local and county governments, the federal government, or through monetary donations or enforceable pledges for monetary donations in the amount of Eighteen Million Dollars ($18,000,000.00) are made for repairs, planning, staging, refurbishments, and improvements to real and personal property, and funding for construction of the Oklahoma Museum of Popular Culture; provided, no funds collected or received prior to May 25, 2021, shall be counted toward the amount. 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. On November 15, 2025, if no determination is made by the State Treasurer pursuant to the provisions of this section authorizing expenditures from this fund, all unencumbered funds remaining in the Oklahoma Museum of Popular Culture Supplemental Revolving Fund shall be transferred to the State Treasurer for deposit in the General Revenue Fund of the State Treasury for the fiscal year ending June 30, 2024.
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