1. A. In addition to the powers, rights and privileges enumerated in Section 862 of Title 82 of the Oklahoma Statutes, the Grand River Dam Authority shall be exempt from the provisions of the:

   1. 1. Oklahoma Open Records Act, exclusively limited to customer proprietary information the Authority is contractually obligated to keep confidential; and

   2. 2. Oklahoma Open Meeting Act, exclusively limited to authorizing the Grand River Dam Authority Board of Directors to confer on matters pertaining to:

      1. a. coal or gas supply contracts, and
      2. b. rail or truck transportation contracts.
2. B. The Grand River Dam Authority is hereby authorized to accept its portion of any federal funds distributed by the Department of Public Safety for the purpose of providing boat safety functions. Such funds will be made available by the Department of Public Safety using a formula based on the number of permanently moored boats located on each of the eligible waters of this state pursuant to the provisions of Section 8 of this act.

Laws 2001, SB 440, c. 397, § 7, emerg. eff. June 4, 2001.