There is hereby created in the State Treasury a revolving fund for the State Auditor and Inspector to be designated the "Circuit Engineering District Revolving Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies received by the Auditor and Inspector pursuant to the provisions of Section 227.3 of Title 74 of the Oklahoma Statutes and any other monies designated by law for deposit thereto. All monies accruing to the credit of the fund are hereby appropriated and may be budgeted and expended by the Auditor and Inspector solely for the purpose of funding circuit engineering districts. Expenditures from the fund shall be made upon warrants issued by the State Treasurer against claims filed as prescribed by law with the Director of State Finance for approval and payment.

Added by Laws 2005, SB 470, c. 414, § 1, emerg. eff. July 1, 2006.