Okla. Stat. tit. 70, § 70-9-119: Cameras for School Bus Stops Revolving Fund

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

fund for the State Board of Education to be designated the "Cameras

for School Bus Stops Revolving Fund". The fund shall be a

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

consist of all monies received by the State Board of Education from

fines collected from school bus stop violations pursuant to Section

11-705 of Title 47 of the Oklahoma Statutes, any state-appropriated

funds, federal funds, donations, grants, contributions, and gifts

from any public or private source. All monies accruing to the

credit of the fund are hereby appropriated and may be budgeted and

expended by the State Board of Education for the purposes of

providing grants to public school districts as provided for in

subsection B of this section. 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 the Office of

Management and Enterprise Services for approval and payment.

B. Contingent upon the amount of funds available in the Cameras

for School Bus Stops Revolving Fund, the State Board of Education

shall award one or more grants annually to public school districts

in the state. The grants shall be used by the districts for

installation of camera equipment on buses to aid in identifying

drivers violating the provisions of Section 11-705 of Title 47 of

the Oklahoma Statutes. The Board shall determine the criteria for

and establish a process for the submission of grant applications.

The applications shall be considered on a statewide competitive

basis. The Board shall promulgate rules for the implementation of

the grants issued pursuant to this section.