ENROLLED SENATE
BILL NO. 975	By:	Myers and Jolley of the Senate

			and

		Sears and Martin (Scott) of the House

An Act relating to the Oklahoma Health Care Authority; authorizing transfers of certain funds; providing procedures; authorizing the expenditure of previously appropriated funds for certain purpose; requiring recordkeeping; authorizing certain requests relating to early transfers; providing an effective date; and declaring an emergency.

SUBJECT:  Oklahoma Health Care Authority

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

SECTION 1.  The Director of the Office of State Finance shall transfer monies appropriated from the General Revenue Fund and the 245 Fund of the Oklahoma Health Care Authority to the Oklahoma Health Care Authority disbursing funds in the amounts and ratios requested by the Authority except that the cumulative amount transferred shall not exceed the cumulative amount of equal monthly allotments of the appropriation from the General Revenue Fund.  Monies appropriated or collected for the fiscal year ending June 30, 2012, may be transferred to these disbursing funds for the fiscal year ending June 30, 2011, to satisfy encumbrances and obligations of said fiscal year; provided, that monies equal in amount are transferred from appropriations or collections for the fiscal year ending June 30, 2011, to the disbursing fund for the fiscal year ending June 30, 2012, to satisfy encumbrances and obligations of said fiscal year.  All transfer requests shall be in writing to the Director of the Office of State Finance.  The Oklahoma Health Care Authority shall maintain records of the interyear transfers.

SECTION 2.  The Director of the Oklahoma Health Care Authority may request through the Director of the Office of State Finance the early transfer by the Oklahoma Tax Commission of tax collections to the General Revenue Fund for the purpose of early allocation to the agency's disbursing funds to alleviate cash-flow problems.

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.

Passed the Senate the 13th day of May, 2011.

	
	Presiding Officer of the Senate

Passed the House of Representatives the 17th day of May, 2011.

	
	Presiding Officer of the House
	of Representatives