§3A-616.

§3A-616.
   
   A. There is hereby created in the State Treasury a revolving fund for
   the Oklahoma Professional Boxing Commission to be designated the
   "Professional Boxing Licensing Revolving Fund". The fund shall be a
   continuing fund, not subject to fiscal year limitations, and shall
   consist of all monies received from fees, administrative fines,
   reimbursements, bond proceeds, and sale of materials, and shall
   include grants and gifts, pursuant to the Oklahoma Professional Boxing
   Licensing Act. All monies accruing to the credit of said fund are
   hereby appropriated and may be budgeted and expended by the State
   Department of Health as directed by the Commission for the purpose of
   implementing the provisions of the Oklahoma Professional Boxing
   Licensing Act; provided, any monies accruing to the credit of said
   fund in excess of Two Hundred Thousand Dollars ($200,000.00) during
   any fiscal year shall be deposited to the credit of the General
   Revenue Fund of the State Treasury. 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. The "Oklahoma Professional Boxing Licensing Revolving Fund" created
   for the Department of Labor is hereby abolished. On July 1, 1999, any
   unencumbered funds remaining in the Oklahoma Professional Boxing
   Licensing Revolving Fund shall be transferred to the credit of the
   Professional Boxing Licensing Revolving Fund. Any unexpended funds
   remaining in the Oklahoma Professional Boxing Revolving Fund after
   November 1, 1999, shall be transferred to the credit of the
   Professional Boxing Licensing Revolving Fund.