Okla. Stat. tit. 62, § 62-255.4: Workforce Coordination Revolving Fund

A. There is hereby created in the State Treasury a revolving

fund for the Oklahoma Workforce Commission to be designated the

"Workforce Coordination Revolving Fund". The fund shall be a

continuing fund, not subject to fiscal year limitations, and shall

consist of all monies directed for deposit by law from the Statewide

Recovery Fund in Section 255 of Title 62 of the Oklahoma Statutes.

All monies accruing to the credit of said fund are hereby

appropriated and may be budgeted and expended by the Commission for

the purpose of creating a workforce data integration system,

providing grants for critical workforce needs, and administering

these projects. No funds shall be used for expenses that violate

the federal guidelines for the American Rescue Plan Act of 2021,

Public Law No. 117-2, or be used for projects not in accordance with

policy enacted under the efforts of the Education and Economic

Development Working Group within the Joint Committee on Pandemic

Relief Funding. Expenditures from said fund shall be made upon

warrants issued by the State Treasurer against claims filed as

prescribed by law with the Director of the Office of Management and

Enterprise Services for approval and payment.

B. Any funds remaining in the Workforce Coordination Revolving

Fund as of July 1, 2024, are hereby considered obligated by the

Oklahoma Legislature for the purpose of workforce development

initiatives.