An act relating to higher education, the official text

1                            STATE OF OKLAHOMA

2   1st Session of the 60th Legislature (2025)

3 HOUSE BILL 1430            By: Boles

4

5

6                            AS INTRODUCED

7   An Act relating to higher education; creating the

    Tinnitus Research Grant Program Revolving Fund;

8   specifying source of fund; providing for

    expenditures; providing purpose of fund; directing

9   the Oklahoma State Regents for Higher Education to

    award grants; establishing permitted use of grants;

10  directing Regents to establish criteria and process

    for application; directing that grants be considered

11  on statewide basis; directing Regents to promulgate

    rules; providing for codification; and providing an

12  effective date.

13

14

15 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:

16  SECTION 1.      NEW LAW  A new section of law to be codified

17 in the Oklahoma Statutes as Section 3235 of Title 70, unless there

18 is created a duplication in numbering, reads as follows:

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

20 fund for the Oklahoma State Regents for Higher Education to be

21 designated the "Tinnitus Research Grant Program Revolving Fund".

22 The fund shall be a continuing fund, not subject to fiscal year

23 limitations, and shall consist of monies appropriated by the

24 Legislature and private dollars given to the Oklahoma State Regents

    Req. No. 10198                                                  Page 1
1 for Higher Education for the purpose of supporting the tinnitus

2 research grant program. All monies accruing to the credit of the

3 fund are hereby appropriated and may be budgeted and expended by the

4 Oklahoma State Regents for Higher Education for the purpose of

5 running and distributing the tinnitus research grant program

6 described in subsection B of this section. Expenditures from the

7 fund shall be made on warrants issued by the State Treasurer against

8 claims filed by the Oklahoma State Regents for Higher Education with

9 the Director of the Office of Management and Enterprise Services for

10 approval and payment.

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

12 Tinnitus Research Grant Program Revolving Fund, the Oklahoma State

13 Regents for Higher Education shall award one or more grants annually

14 to private and public universities in Oklahoma. The grants shall be

15 used to research and find a cure for tinnitus. The Oklahoma State

16 Regents for Higher Education shall determine the criteria for and

17 establish a process for the submission of grant applications. The

18 applications shall be considered on a statewide competitive basis.

19 The Oklahoma State Regents for Higher Education shall promulgate

20 rules for the implementation of the grants issued pursuant to this

21 section.

22  SECTION 2. This act shall become effective November 1, 2025.

23

24  60-1-10198      AQH   11/18/24

    Req. No. 10198                                                 Page 2