§ 404. Transactions subject to taxation--Revenue purpose--Disposition of revenue
Oklahoma Statutes AnnotatedTitle 68. Revenue and Taxation
68 Okl.St.Ann. § 404
§ 404. Transactions subject to taxation--Revenue purpose--Disposition of revenue
The sale, barter or exchange of tobacco products or possession of tobacco products for consumption, is hereby declared to be subject to taxation authorized by Section 12 of Article X of the Oklahoma Constitution, and it is the purpose and intention of this article to provide revenue for the expense of the state government. The revenue, including interest and penalties, collected under this article shall be paid monthly by the Tax Commission to the State Treasurer to be placed in the General Revenue Fund, to be paid out pursuant to direct appropriation by the Legislature.
Credits
Laws 1965, c. 238, § 2, eff. July 1, 1965; Laws 1981, c. 210, § 3, operative July 1, 1982; Laws 1987, c. 5, § 141, operative March 31, 1987.
68 Okl. St. Ann. § 404, OK ST T. 68 § 404
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.
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