STATE OF OKLAHOMA

2nd Session of the 54th Legislature (2014)

HOUSE BILL 2806	By:	Moore

AS INTRODUCED

An Act relating to public finance; enacting the Federal Receipts Reporting Requirements Act; prescribing procedures with regard to receipt and reporting of federal funds; defining terms; imposing reporting requirements on executive branch entities; imposing duties upon the Office of Management and Enterprise Services; requiring reports to the Appropriations and Budget Committee of the Oklahoma House of Representatives and the Appropriations Committee of the Oklahoma State Senate; requiring committee meetings; authorizing actions by committees; 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 9001 of Title 62, unless there is created a duplication in numbering, reads as follows:
This act shall be known and may be cited as the "Federal Receipts Reporting Requirements Act".
SECTION 2.     NEW LAW     A new section of law to be codified in the Oklahoma Statutes as Section 9002 of Title 62, unless there is created a duplication in numbering, reads as follows:
As used in this section:
1.  "Designated state agency" means any agency, board, commission, department or other entity organized within the executive branch of state government;
2.  "Designated state agency" does not include the judicial branch, the legislative branch, or an office or other entity within the judicial branch or the legislative branch;
3.  "Political subdivision" means any county, city, town, school district or other local government entity;
4.  "Federal receipts" means the federal financial assistance, as defined in 31 U.S.C., Section 7501, that is reported as part of a single audit; and
5.  "Single audit" is as defined in 31 U.S.C., Section 7501.
SECTION 3.     NEW LAW     A new section of law to be codified in the Oklahoma Statutes as Section 9003 of Title 62, unless there is created a duplication in numbering, reads as follows:
A.  Designated state agencies and political subdivisions shall each year, on or before October 31, prepare a report that:
1.  Reports the aggregate value of federal receipts the designated state agency or political subdivision received for the preceding fiscal year;
2.  Reports the aggregate amount of federal funds appropriated by the Legislature to the designated state agency or political subdivision for the preceding fiscal year;
3.  Calculates the percentage that constitutes federal receipts of the total budget for the designated state agency or political subdivision received for that fiscal year; and
4.  Develops a plan for operating the designated state agency or political subdivision if there is a reduction of:
a.	five percent (5%) or more in the federal receipts that the designated state agency or political subdivision receives, and
b.	twenty-five percent (25%) or more in the federal receipts that the designated state agency or political subdivision receives.
B.  The designated state agencies and political subdivisions shall submit the report to the Office of Management and Enterprise Services on or before November 1 of each year.
C.  1.  The Office of Management and Enterprise Services shall, on or before November 30 of each year, prepare a report that:
a.	compiles and summarizes the reports the Office of Management and Enterprise Services receives in accordance with paragraph 2 of subsection A of this section, and
b.	compares the aggregate value of federal receipts each designated state agency and political subdivision received for the previous fiscal year to the aggregate amount of federal funds to the total budget of the designated state agency or political subdivision for that fiscal year.
2.  The Office of Management and Enterprise Services shall, as part of the report required by paragraph 1 of this subsection, compile a list of designated state agencies and political subdivisions that do not submit a report as required by this section.
D.  The Office of Management and Enterprise Services shall submit the report required by paragraph 2 of subsection C of this section to the Appropriations and Budget Committee of the Oklahoma House of Representatives and the Appropriations Committee of the Oklahoma State Senate on or before December 1 of each year.
E.  Upon receipt of the report required by subsection D of this section, the chairs of the House Appropriations and Budget Committee and the Senate Appropriations Committee shall place the report on the agenda for review and consideration at the next regularly scheduled or special meeting of the respective committee.
F.  When considering the report required by subsection D of this section, the respective committee may elect to:
1.  Recommend that the Legislature reduce or eliminate appropriations for a designated state agency or political subdivision;
2.  Take no action; or
3.  Take another action that a majority of the committee approves.
SECTION 4.  This act shall become effective July 1, 2014.
SECTION 5.  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.

54-2-9793	MAH	01/15/14