Oklahoma HB2516: Military infrastructure funding; creating the Base Infrastructure Needs and Development-Schools Revolving Fund; Military Department; budgeting; utilizations of funds; effective date; emergency.

What the bill says

An Act relating to military infrastructure funding; creating the Base Infrastructure Needs and Development - Schools Revolving Fund; establishing the fund at the Oklahoma Military Department; establishing revolving fund characteristics; deeming funds appropriated; providing expenditure and budgeting requirements and limitations; creating Base Infrastructure Needs and Development - Schools Program; establishing program at the Oklahoma Military Department; authorizing certain utilizations of funds; authorizing certain citations; providing for codification; establishing an effective date…

From the enrolled text, May 22, 2025:

An Act relating to military infrastructure funding; creating the Base Infrastructure Needs and Development - Schools Revolving Fund; establishing the fund at the Oklahoma Military Department; establishing revolving fund characteristics; deeming funds appropriated; providing expenditure and budgeting requirements and limitations; creating Base Infrastructure Needs and Development - Schools Program; establishing program at the Oklahoma Military Department; authorizing certain utilizations of funds; authorizing certain citations; providing for codification; establishing an effective date; and declaring an emergency. SUBJECT: Military infrastructure funding SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 301B of Title 44, unless there is created a duplication in numbering, reads as follows: A. There is hereby created in the State Treasury a revolving fund for the Oklahoma Military Department to be designated the "Base Infrastructure Needs and Development - Schools Revolving Fund", which may also be cited as "BIND - Schools Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies directed for deposit to the fund by law. All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the Oklahoma Military Department for the purpose established in subsection B of this section. Expenditures from said fund shall be made upon …

Read the full official text