Okla. Stat. tit. 62, § 62-3112: Retirement bills having a fiscal impact - Concurrent

funding determination by State Board of Equalization - Procedure.

A. Following the close of each regular legislative session

during which retirement bills having a fiscal impact may be enacted,

the State Board of Equalization shall make a determination for each

such bill enacted during such session, which is not vetoed by the

Governor, of whether or not provision has been made for the

concurrent funding of the bill in conformity with the applicable

requirements of Section 311 of this title.

B. The Legislative Actuary, the Director of the Office of

Management and Enterprise Services, legislative staff, retirement

system administrators, and employers shall provide such information

and assistance as may be necessary for the State Board of

Equalization to make the determinations required by subsection A of

this section.

C. The State Board of Equalization shall make the

determinations required by subsection A of this section by not later

than the fifteenth day immediately following the last day on which

the Governor is authorized to veto bills following the close of each

regular legislative session. The State Board of Equalization's

findings shall be made in a report to the Secretary of State showing

the determination for each retirement bill by reference to the

respective Senate or House of Representatives number for the bill.

The report shall be submitted to the Secretary of State by not later

than the last day on which the State Board of Equalization is

required to make the determinations. The Secretary of State shall

cause the State Board of Equalization's report to be printed in the

annual session laws of the State of Oklahoma.