Okla. Stat. tit. 65, § 65-4-107.1: Oklahoma Local Library Capital Revolving Fund

There is hereby created in the State Treasury a revolving fund

for the Oklahoma Department of Libraries to be designated the

"Oklahoma Local Library Capital Revolving Fund". The fund shall be

a continuing fund not subject to fiscal year limitations and shall

consist of monies received by the Oklahoma Department of Libraries

from state appropriations, federal funds or from any other

appropriate sources. All monies accruing to the credit of said fund

are hereby appropriated and may be budgeted and expended by the

Oklahoma Department of Libraries for the purpose of providing

capital grants to public libraries within the state. Capital grants

made pursuant to this section shall not be made to systems within

counties with a population of five hundred thousand (500,000) or

more. Expenditures from said fund shall be made upon warrants

issued by the State Treasurer against claims filed as provided by

law with the Director of the Office of Management and Enterprise

Services for approval and payment.

The Oklahoma Department of Libraries shall establish guidelines

for the equitable apportionment of monies to public libraries

applying for such grants.