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§ 1733. Payments

Oklahoma Statutes AnnotatedTitle 74. State Government

Oklahoma Statutes Annotated
Title 74. State Government (Refs & Annos)
Chapter 45A. Financial Reimbursement for Educational Expenses Act
74 Okl.St.Ann. § 1733
§ 1733. Payments
A. An agency may make direct payments not to exceed Five Thousand Dollars ($5,000.00) in any twelve-month period, on behalf of an eligible employee to any private or public entity for which a qualified education loan expense is owed by the employee.
B. With regard to payments made under this act, an agency shall not make cumulative payments on behalf of any single employee that total an amount greater than Fifteen Thousand Dollars ($15,000.00).
C. The provisions of this act shall only be applicable to qualified education loan obligations incurred prior to employment with the agency or qualified education loan obligations associated with education directly related to employment incurred during employment.

Credits

Laws 2007, c. 207, § 4, eff. July 1, 2007.
74 Okl. St. Ann. § 1733, OK ST T. 74 § 1733
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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