A. The State Board of Licensed Social Workers may assess such fees as it deems necessary to accomplish the purposes of the Social Worker's Licensing Act. Fees shall be assessed according to the fee schedule in the rules promulgated by the Board.

B. There is hereby created in the State Treasury a revolving fund for the State Board of Licensed Social Workers, to be designated the “Licensed Social Workers' Revolving Fund”. The fund shall consist of monies received by the Board under statutory authority and such monies accruing to the credit of the fund may be expended by the Board for the purpose of carrying out the provisions of the Social Worker's Licensing Act.¹ The fund shall be administered in accordance with standard revolving fund procedures. The Board shall pay into the General Revenue Fund of the state ten percent (10%) of the gross fees so collected and received as provided for in Section 211 of Title 62 of the Oklahoma Statutes.