A. There is hereby created in the State Treasury a special fund to be designated the "ARPA Administrative Costs Fund". Such fund shall be subject to legislative appropriation or transfer as provided by law and shall consist of all such monies as the Legislature may direct to be appropriated or transferred to said fund.B. Notwithstanding any provision of law to the contrary, all interest and income derived from deposits to the ARPA Administrative Costs Fund shall be credited to the ARPA Administrative Costs Fund.C. Any funds remaining in the ARPA Administrative Costs Fund as of July 1, 2024, are hereby deemed obligated by the Oklahoma Legislature for the purpose of funding administrative costs arising from implementing, reporting, complying with, and closing out any projects appropriated Statewide Recovery Funds in accordance with legislation.Okla. Stat. tit. 62, § 255.5
Amended by Laws 2024, c. 403,s. 1, eff. 6/14/2024.Added by Laws 2023 , c. 298, s. 1, eff. 5/26/2023.