STATE OF OKLAHOMA

1st Session of the 53rd Legislature (2011)

HOUSE BILL 1632	By:	Brown

AS INTRODUCED

An Act relating to state government; establishing the Oklahoma School Bus Alternative Fuels Conversion Grant Program; directing the Oklahoma Department of Commerce to award grants for certain purposes; specifying use of grants; creating the Oklahoma School Bus Alternative Fuels Conversion Grant Revolving Fund; making the fund continuing; stating source of funds; stating purpose; requiring expenditures to be made upon warrants; providing for codification; providing an effective date; and declaring an emergency.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1.     NEW LAW     A new section of law to be codified in the Oklahoma Statutes as Section 5009.21 of Title 74, unless there is created a duplication in numbering, reads as follows:
There is hereby established the Oklahoma School Bus Alternative Fuels Conversion Grant Program.  The Oklahoma Department of Commerce shall award grants to school district for the purpose of converting school buses to operate on an alternative fuel and to install alternative fuel fill stations to service the school buses.  The grants shall cover the reasonable expenses of the conversion of the school buses and the reasonable expenses of the installation of a fill station.  
SECTION 2.     NEW LAW     A new section of law to be codified in the Oklahoma Statutes as Section 5009.22 of Title 74, unless there is created a duplication in numbering, reads as follows:
There is hereby created in the State Treasury a revolving fund for the Oklahoma Department of Commerce to be designated the “Oklahoma School Bus Alternative Fuels Conversion Grant 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 Commerce from appropriated monies and any other monies designated for the fund.  All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the Oklahoma Department of Commerce for the purpose of converting school buses to operate on an alternative fuel and to install alternative fuel fill stations.  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 State Finance for approval and payment.
SECTION 3.  This act shall become effective July 1, 2011.
SECTION 4.  It being immediately necessary for the preservation of the public peace, health and safety, an emergency is hereby

declared to exist, by reason whereof this act shall take effect and be in full force from and after its passage and approval.

53-1-6135	KB	12/28/10