STATE OF OKLAHOMA

1st Session of the 54th Legislature (2013)

SENATE BILL 621	By:	Justice

AS INTRODUCED

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.

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 Oklahoma Energy Initiative (OEI) was established in 2012 to create, advance and promote new and existing energy research and development efforts related to Oklahoma's core energy competencies.  The OEI will foster communication between state and federal governmental agencies, institutions of higher education, nonprofit research institutions, and private entities located throughout this state and as part of the various efforts and duties, the OEI will promote advanced biofuels research and development similar to the efforts of the Oklahoma Bioenergy Center.  Therefore 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 OEI to help streamline the efforts to further develop the biofuel industry in this state and our nation.
B.  Any outstanding contracts, financial obligations or income owning 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.

54-1-209	 MJM	1/16/2013 3:39:34 PM