ENROLLED SENATE
BILL NO. 621	By:	Justice, Ivester and Allen of the Senate

			and

		Watson and Scott of the House

An Act relating to state energy agencies; consolidating duties and functions of the Oklahoma Bioenergy Center into the Oklahoma Energy Initiative; transferring duties, obligations and funding to certain agency; authorizing promulgation of rules; repealing 74 O.S. 2011, Sections 5009.11, 5009.12, 5009.13, 5009.14, 5009.15 and 5009.16, as amended by Section 1026, Chapter 304, O.S.L. 2012 (74 O.S. Supp. 2012, Section 5009.16), which relate to the Oklahoma Bioenergy Center; providing for noncodification; providing an effective date; and declaring an emergency.

SUBJECT:  Oklahoma Energy Initiative

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:

SECTION 1.     NEW LAW     A new section of law not to be codified in the Oklahoma Statutes reads as follows:

A.  The provisions of this act will consolidate the duties and functions of the Oklahoma Bioenergy Center, created pursuant to Section 5009.12 et seq. of Title 74 of the Oklahoma Statutes which was enacted in 2007, into the Oklahoma Energy Initiative.

B.  Any outstanding contracts, financial obligations or income owing to the Oklahoma Bioenergy Center and funds remaining in the Oklahoma Bioenergy Center Revolving Fund, established pursuant to Section 5009.16 of Title 74 of the Oklahoma Statutes, shall be transferred upon the effective date of this act to the Oklahoma Energy Initiative and funds shall be deposited into the Oklahoma Energy Initiative Revolving Fund, created pursuant to Section 802.4 of Title 17 of the Oklahoma Statutes.

C.  The Oklahoma Energy Initiative is authorized to promulgate any rules necessary to implement the provisions of this act.

SECTION 2.     REPEALER     74 O.S. 2011, Sections 5009.11, 5009.12, 5009.13, 5009.14, 5009.15 and 5009.16, as amended by Section 1026, Chapter 304, O.S.L. 2012 (74 O.S. Supp. 2012, Section 5009.16), are hereby repealed.

SECTION 3.  This act shall become effective July 1, 2013.

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.

Passed the Senate the 7th day of March, 2013.

	
	Presiding Officer of the Senate

Passed the House of Representatives the 22nd day of April, 2013.

	
	Presiding Officer of the House
	of Representatives

OFFICE OF THE GOVERNOR
Received by the Office of the Governor this ____________________ day of ___________________, 20_______, at _______ o'clock _______ M.
By: _________________________________
Approved by the Governor of the State of Oklahoma this _________ day of ___________________, 20_______, at _______ o'clock _______ M.

	_________________________________
	Governor of the State of Oklahoma

OFFICE OF THE SECRETARY OF STATE
Received by the Office of the Secretary of State this __________ day of __________________, 20 _______, at _______ o'clock _______ M.
By: _________________________________