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§62-166d. Southern Oklahoma Resource Center of Pauls Valley - Disposition of certain bonuses and royalties.

62 OK Stat § 62-166d (2019) (N/A)
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All royalty monies received upon behalf of this state, any and all bonus monies received upon behalf of this state, and any and all delay rentals received upon behalf of this state, in connection with or pursuant to the provisions of any oil and gas lease covering any of the lands occupied by, or assigned to the use of, the Southern Oklahoma Resource Center of Pauls Valley, entered into by the Office of Management and Enterprise Services, shall be deposited in the revolving fund of the Southern Oklahoma Resource Center of Pauls Valley and shall be expended by said institution in the same manner that other treasury funds of said institution are expended as long as the Southern Oklahoma Resource Center of Pauls Valley remains in operation and for three (3) months thereafter. Upon expiration of the three (3) months after closure, the revenue shall be placed in a special agency clearing account to be used for establishing and maintaining community households for people with intellectual disabilities served by Developmental Disabilities Services at the Department of Human Services. The Department of Human Services shall promulgate rules for the administration of the fund and specific items allowed. The Department of Human Services shall submit an itemized report of all income and expenditures to the account to the Governor, President Pro Tempore of the Senate and Speaker of the House of Representatives annually.

Added by Laws 1959, H.J.R. No. 526, p. 496, § 1. Amended by Laws 1983, c. 304, § 60, eff. July 1, 1983; Laws 1992, c. 307, § 12, eff. July 1, 1992; Laws 2012, c. 304, § 455; Laws 2015, c. 192, § 2, eff. July 1, 2015.

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§62-166d. Southern Oklahoma Resource Center of Pauls Valley - Disposition of certain bonuses and royalties.