STATE OF OKLAHOMA

1st Session of the 54th Legislature (2013)

HOUSE BILL 1178	By:	Martin (Scott) and Newell of the House

				and

		Jolley and Justice of the Senate

AS INTRODUCED

An Act relating to the Commission on Consumer Credit; making an appropriation; stating purpose; requiring certain funds to be budgeted in certain categories and amounts; providing for duties and compensation of employees; providing budgetary limitations; requiring certain budget procedures; prohibiting certain budget procedures; providing lapse dates; and providing an effective date.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1.  There is hereby appropriated to the Commission on Consumer Credit from any monies not otherwise appropriated from the General Revenue Fund of the State Treasury for the fiscal year ending June 30, 2014, the sum of ______ Dollars ($0.00) or so much thereof as may be necessary to perform the duties imposed upon the Commission on Consumer Credit by law.
SECTION 2.  For the fiscal year ending June 30, 2014, the Commission on Consumer Credit shall budget all funds in the following categories and amounts:
Category	Appropriation	Total
General Administration	$0.00	$0.00
Examinations	 0.00	 0.00
TOTAL	$0.00	$0.00
SECTION 3.  The duties and compensation of employees, not otherwise prescribed by law, necessary to perform the duties imposed upon the Commission on Consumer Credit by law shall be set by the Director.  The Commission on Consumer Credit, for the fiscal year ending June 30, 2014, shall be subject to the following budgetary limitations on full-time-equivalent employees, except as may be authorized pursuant to the provisions of Section 3603 of Title 74 of the Oklahoma Statutes:
Budgetary Limitation	Amount
Full-Time-Equivalent Employees	0.0
SECTION 4.  Appropriations made by this act, not including appropriations made for capital outlay purposes, may be budgeted for the fiscal year ending June 30, 2014 (hereafter FY-14) or may be budgeted for the fiscal year ending June 30, 2015 (hereafter FY-15).  Funds budgeted for FY-14 may be encumbered only through June 30, 2014, and must be expended by November 15, 2014.  Any funds remaining after November 15, 2014, and not budgeted for FY-15, shall lapse to the credit of the proper fund for the then current fiscal year.  Funds budgeted for FY-15 may be encumbered only through June 30, 2015.  Any funds remaining after November 15, 2015, shall lapse to the credit of the proper fund for the then current fiscal year.  These appropriations may not be budgeted in both fiscal years simultaneously.  Funds budgeted in FY-14, and not required to pay obligations for that fiscal year, may be budgeted for FY-15, after the agency to which the funds have been appropriated has prepared and submitted a budget work program revision removing these funds from the FY-14 budget work program and after such revision has been approved by the Office of Management and Enterprise Services.
SECTION 5.  This act shall become effective November 1, 2013.

54-1-15050	RMN	01/14/13