Effective July 1, 1947 and thereafter, the Division of Central Accounting and Reporting shall allocate all revenues thereafter deposited to the credit of any fund in the State Treasury except the Public Building Fund, in accordance with the provisions of Section 23, Article 10, of the Constitution of Oklahoma, as amended on March 11, 1941, and House Bill No. 30, Regular Session of the Twenty-First Legislature.

The Budget Director may require that appropriations for capital outlay be financed by a separate cash account so that allocations of cash to any agency for purposes of constructing buildings, making improvements, purchasing equipment, etc., may not be used to finance the current operations of the institution, department, or agency.

Appropriations which are nonfiscal for contractual and expenditure purposes, shall be considered fiscal for revenue purposes, but may be allotted for expenditure at any time within thirty (30) months from date such acts are passed. Revenue which accrues to the credit of the Public Building Fund in the State Treasury which derives its revenue under the provisions of Title 74, Section 98, O.S. 1951, shall be allocated to the appropriations from the Public Building Fund in consecutive order. The Governor shall designate the order of payment of the appropriations from the Public Building Fund. The Budget Director shall allocate the collections sufficient to pay the first appropriation designated by the Governor, before he allocates any amount to the second and so on, until all appropriations are provided for. The contracting agency receiving such appropriation shall not contract the same until revenue has been allocated as provided in this act.

Added by Laws 1947, SB 36, p. 376, § 15, emerg. eff. February 25, 1947.