1. A. The Office of State Finance shall separately account for revenues which are deposited to the credit of the Teachers' Retirement System Dedicated Revenue Revolving Fund of the State Treasury pursuant to the provisions of Section 1353, 1403, and 2352 of Title 68 of the Oklahoma Statutes on a fiscal year basis and shall provide an accounting to the Governor, President Pro Tempore of the Senate, and the Speaker of the House of Representatives within thirty (30) days after the end of the fiscal year.
2. B. Funds separately accounted for herein shall be used only to fund the currently unfunded liability of the Teachers' Retirement System and for no other purpose. Any appropriation or expenditure of any such funds for any other purpose shall be null and void and of no effect.
3. C. There is hereby created in the State Treasury a revolving fund for the Oklahoma Teachers' Retirement System to be designated the "Teachers' Retirements System Dedicated Revenue Revolving Fund". The fund shall consist of any monies as apportioned to the fund by Section 1353, 1403 and 2352 of Title 68 of the Oklahoma Statutes. The fund herein created may be expended for the purpose set forth in subsection B of this section and in the same manner as appropriated funds.

Laws 1999, HB 1574, c. 254, § 7, emerg. eff. June 30, 1999; Renumbered from 62 O.S. § 41.29f by Laws 2009, HB 2015, c. 441, § 64, emerg. eff. July 1, 2009.