Oklahoma § 62-255.4 Workforce Coordination Revolving Fund.

Oklahoma Statutes

§ 62-255.4 — Workforce Coordination Revolving Fund.

Oklahoma § 62-255.4

Title 62Public Finance

This text of Oklahoma § 62-255.4 (Workforce Coordination Revolving Fund.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 62, § 62-255.4 (2026).

Text

A.There is hereby created in the State Treasury a revolving fund for the Oklahoma Workforce Commission to be designated the "Workforce Coordination Revolving Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies directed for deposit by law from the Statewide Recovery Fund in Section 255 of Title 62 of the Oklahoma Statutes. All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the Commission for the purpose of creating a workforce data integration system, providing grants for critical workforce needs, and administering these projects. No funds shall be used for expenses that violate the federal guidelines for the American Rescue Plan Act of 2021, Public Law No. 117-2, or be u

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A. There is hereby created in the State Treasury a revolving fund for the Oklahoma Workforce Commission to be designated the "Workforce Coordination Revolving Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies directed for deposit by law from the Statewide Recovery Fund in Section 255 of Title 62 of the Oklahoma Statutes. All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the Commission for the purpose of creating a workforce data integration system, providing grants for critical workforce needs, and administering these projects. No funds shall be used for expenses that violate the federal guidelines for the American Rescue Plan Act of 2021, Public Law No. 117-2, or be used for projects not in accordance with policy enacted under the efforts of the Education and Economic Development Working Group within the Joint Committee on Pandemic Relief Funding. Expenditures from said fund shall be made upon warrants issued by the State Treasurer against claims filed as prescribed by law with the Director of the Office of Management and Enterprise Services for approval and payment. B. Any funds remaining in the Workforce Coordination Revolving Fund as of July 1, 2024, are hereby considered obligated by the Oklahoma Legislature for the purpose of workforce development initiatives.

Legislative History

Added by Laws 2022, 2nd Ex. Sess., c. 22 § 3. Amended by Laws 2024, c. 437, § 1, emerg. eff. June 14, 2024; Laws 2025, c. 409, § 1, emerg. eff. May 28, 2025. NOTE: Editorially renumbered from § 255.3 of this title to avoid duplication in numbering.