Home Table of Contents

§ 221. Fund created--Nature of fund--Expenditures

Oklahoma Statutes AnnotatedTitle 62. Public Finance

Oklahoma Statutes Annotated
Title 62. Public Finance (Refs & Annos)
Chapter 1. State Fiscal Affairs
Tax Commission Fund
62 Okl.St.Ann. § 221
§ 221. Fund created--Nature of fund--Expenditures
A. There is hereby created a fund to be known as the “Oklahoma Tax Commission Fund”. There shall be paid to the State Treasurer and placed to the credit of said “Oklahoma Tax Commission Fund”, out of collections made by said Commission, the sums of money required to be apportioned thereto by law.
B. From and after July 1, 1986, the Oklahoma Tax Commission Fund shall be a revolving fund. Such fund shall be a continuing fund not subject to fiscal year limitations and shall consist of any revenues required to be deposited in the Oklahoma Tax Commission Fund by Article XXVIII, Section 7 of the Oklahoma Constitution, any other revenues apportioned to such fund by law, and any other miscellaneous fees and monies received by the Oklahoma Tax Commission. All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the Oklahoma Tax Commission to carry out the duties of the Commission according to law. 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 the Office of Management and Enterprise Services for approval and payment.

Credits

Laws 1933, c. 161, p. 375, § 1, emerg. eff. April 24, 1933; Laws 1968, c. 252, § 1, emerg. eff. April 26, 1968; Laws 1986, c. 223, § 31, operative July 1, 1986; Laws 2012, c. 304, § 459.
62 Okl. St. Ann. § 221, OK ST T. 62 § 221
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
End of Document