Public Finance

 

SB 647(1) (Mickle/Askins): Makes various changes relating to the State Treasurer and operations of the Office of the State Treasurer, as follows:

  • Allows use of services charges accruing under the Uniform Unclaimed Property Act for administrative costs of the unclaimed property program or computer hardware or software to administer the unclaimed property program;

  • Allows the State Treasurer to waive counter-signature requirements for automated signature vouchers if an agency certifies that controls are being used to prevent unauthorized use of such vouchers;

  • Allows state agencies to pay financial institutions directly for certain services performed;

  • Allows the State Treasurer to allow local treasurers to invest public funds into investments used by the State Treasurer for state funds, if the local treasurer has appropriate investment authority;

  • Allows investment of state funds in obligations of state public trusts with highest ratings;

  • Eliminates requirements to file school district population reports with the State Treasurer; and

  • Repeals various statutes relating to the state fiscal agent in New York City.

    Effective 7-1-99

SB 659(1) (Mickle/Askins): Transfers administration of the Uniform Unclaimed Property Act from the Tax Commission to the State Treasurer, to occur during fiscal year 2000. Effective 7-1-99

HB 1305(1) (Dunegan/Robinson): Modifies provisions relating to records of the Department of Public Safety. A certification fee for providing documents will be charged only if the requestor specifically asks for a certified record and is charged in addition to copying fees authorized under the Oklahoma Open Records Act or other applicable law. Driver license agencies of other states, courts and prosecutors, law enforcement agencies, public school districts and state agencies may be provided records at no charge. The fee for collision reports is changed from $3 per sheet to $7 per report. Effective 11-1-99

HB 1574(1) (Settle/Haney): Deletes restrictions on use of the Waste Tire Recycling Indemnity Fund and changes apportionment of the county and school portions of gross production taxes so that it is determined based on the proportion of production from that county in the corresponding month of the preceding year. The bill also changes apportionment of sales, use and income taxes so that 3.54% of each is deposited to a newly created revolving fund for the benefit of the Teachers' Retirement System. Effective 6-30-99


(1) Passed, signed by Governor (2) Passed, pending Governor's approval/disapproval (3) Vetoed by Governor
(4) Pending in Legislature (5) Failed in Legislature (6) Enrolled with the Sec. of State

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