1. A. Effective February 10, 1947, and thereafter, revenues deposited in the State Treasury to the credit of the General Revenue Fund or of any special fund which derives its revenue in whole or part from state taxes or fees shall be allocated monthly to each department, institution, board, commission or special appropriation on a percentage basis, in that ratio that the total appropriation for each such department, institution, board, commission or special appropriation from each fund for that fiscal year bears to the total of all appropriations from each fund for that fiscal year. Appropriation allocations to the State Board of Education for the financial support of public schools shall be effective August 1 of the fiscal year in which they apply.
2. B. A cash account shall be maintained by the agency of the state charged with the allocation of revenues for each department, board, commission, institution, agency or special appropriation which receives appropriations from the general fund or any special fund, and no check or warrant shall be issued in excess of the unexpended balance of said cash account at the time such check or warrant is issued.
3. C. Cash allocations to each cash account shall be cumulative and shall be available for the payment of any claim incurred within the appropriations for which such cash was allocated, including claims incurred against nonfiscal year appropriations which are available for contracts for thirty (30) months from date such acts are passed.
4. D. Revenue allocations shall be made to nonfiscal appropriations during the fiscal year such appropriations first become available for expenditure and for that year only.
5. E. Appropriation acts passed by the Legislature from the General Revenue Fund, which are supplemental to the original budget in effect on July 1 of any fiscal year, shall be considered supplemental appropriations and shall receive revenue allocations for the first time in the month in which such acts become effective in compliance with Section 23, Article 10, Constitution of the State of Oklahoma. Supplemental appropriations from the General Revenue Fund passed by the Legislature in excess of the Board of Equalization's estimate for that fiscal year shall be null and void.

Laws 1947, HB 30, p. 367, § 1, emerg. eff. February 10, 1947; Amended by Laws 1973, SB 115, c. 46, § 14, emerg. eff. July 1, 1973; Amended by Laws 1995, HB 1765, c. 305, § 2, emerg. eff. July 1, 1995.