There is hereby created in the State Treasury a revolving fund for the Oklahoma Capitol Improvement Authority to be designated the "Obligation Defeasance Revolving Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all appropriations and deposits made for the purpose of fully defeasing obligations issued pursuant to Section 168.10 of Title 73 of the Oklahoma Statutes. All monies accruing to the credit of the fund are hereby appropriated and shall be transferred to the escrow account established pursuant to the provisions of Section 1 of this act.
Added by Laws 2020, c. 66, § 2, emerg. eff. May 19, 2020.