Home Table of Contents

§ 706. Purpose, apportionment and distribution of tax

Oklahoma Statutes AnnotatedTitle 68. Revenue and Taxation

Oklahoma Statutes Annotated
Title 68. Revenue and Taxation (Refs & Annos)
Chapter 1. Tax Codes (Refs & Annos)
Article 7. Special Fuel Use Tax (Refs & Annos)
68 Okl.St.Ann. § 706
§ 706. Purpose, apportionment and distribution of tax
It is hereby declared to be the purpose of the levy in Section 705 of this title to provide funds for the construction and maintenance of county highways and permanent bridges in such counties and for these purposes it is hereby expressly provided that the special fuel use tax levied by Section 705 of this title shall be apportioned and distributed monthly by the Tax Commission to the several counties in the following manner: one-third ( ⅓ ) on area, one-third ( ⅓ ) on rural population, defined as including the population of all municipalities with a population of less than five thousand (5,000) according to the latest Federal Decennial Census, and one-third ( ⅓ ) on county road mileage, as last certified by the Department of Transportation, as each county bears to the entire area, rural population and road mileage of the state. The funds apportioned pursuant to this section shall be used in accordance with and subject to the provisions of subsection B of Section 500.6 of this title.

Credits

Laws 1953, p. 331, § 6, eff. May 31, 1953; Laws 1959, p. 284, § 1. Renumbered from Title 68, § 727.6 by Laws 1965, c. 215, § 1. Laws 1986, c. 284, § 13, operative July 1, 1986; Laws 1997, c. 284, § 13, eff. July 1, 1997.
68 Okl. St. Ann. § 706, OK ST T. 68 § 706
Current with emergency effective legislation through Chapter 182 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
End of Document