Okla. Stat. tit. 82, § 82-1085.82: Joint operating agreement between Department and

Board.

In order to comply with the requirements of federal and state

laws, the Department of Environmental Quality and the Oklahoma Water

Resources Board shall enter into a written joint operating agreement

to carry out with efficiency their respective duties under this act.

At a minimum, the agreement shall provide for the following:

1. Joint procedures consistent with this act to establish

criteria for determining the interest rates on loans to be made from

the Drinking Water Treatment Revolving Loan Account. Such criteria

may incorporate applicable United States Environmental Protection

Agency and Rural Development Administration guidelines for financial

assistance; and

2. Submission of an annual joint report by the Department and

the Board to the Governor and to the Speaker of the House of

Representatives and the President Pro Tempore of the Senate within

one hundred twenty (120) days of the end of each fiscal year

concerning the Drinking Water Treatment Revolving Loan Account and

implementation of the provisions of this act. The report shall

contain information to show the actual use and the recipients of

loans made from the Drinking Water Treatment Revolving Loan Account.

In addition, the report shall contain five-year demand projections

on anticipated loan funds required and ten-year and twenty-year

projections as to possible funding needs for drinking water

treatment projects which may be eligible for financial assistance

pursuant to this act.