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STATE OF OKLAHOMA2nd Session of the 53rd Legislature (2012)HOUSE BILL 2637By:SchwartzAS INTRODUCEDAn Act relating to state government; creating theUnmanned Aerial Vehicle Research Fund; stating typeof fund; describing appropriate deposits for fund;directing Oklahoma Center for the Advancement ofScience and Technology to oversee fund; providing forpayment of expenditures; providing for codification;and providing an effective date.BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:SECTION 1. NEW LAW A new section of law to be codifiedin the Oklahoma Statutes as Section 5060.55 of Title 74, unlessthere is created a duplication in numbering, reads as follows:There is hereby created in the State Treasury a revolving fundfor the Oklahoma Center for the Advancement of Science andTechnology to be designated the “Unmanned Aerial Vehicle ResearchFund”. The fund shall be a continuing fund, not subject to fiscalyear limitations. The fund shall consist of all monies authorizedby law for deposit in such fund including, but not limited to,gifts, grants, private donations, fee revenues and funds byReq. No. 8669Page 1
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