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§3A-208.3a.


§3A-208.3a.
   
   A. There is hereby created in the State Treasury a revolving fund for
   the Oklahoma Horse Racing Commission, to be designated the "Oklahoma
   Breeding Development Administration Revolving Fund". The fund shall be
   a continuing fund, not subject to fiscal year limitations, and shall
   consist of all monies received by the Commission from transfers made
   pursuant to paragraph 6 of subsection B of Section 208.3 of this
   title. All monies accruing to the credit of said fund are hereby
   appropriated and may be budgeted and expended by the Commission for
   the purpose of administering the Oklahoma Breeding Development
   Program, or additions to purses of Oklahoma-bred races, and for no
   other purpose. Expenditures from said fund shall be made upon warrants
   issued by the State Treasurer against claims filed as prescribed by
   law with the Director of State Finance for approval and payment.
   
   B. Monies received by and expenditures from said fund shall be subject
   to an annual audit pursuant to paragraph 6 of subsection B and
   subsection E of Section 208.3 of this title.
   
   At the close of each fiscal year any unencumbered, unobligated, and
   unexpended monies in the Oklahoma Breeding Development Administration
   Revolving Fund shall be transferred to the Oklahoma Breeding
   Development Fund Special Account.
   

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