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§ 2936. Receipt of federal in lieu payments--Apportionment and payment to political subdivision...

Oklahoma Statutes AnnotatedTitle 68. Revenue and Taxation

Oklahoma Statutes Annotated
Title 68. Revenue and Taxation (Refs & Annos)
Chapter 1. Tax Codes (Refs & Annos)
Article 29. Exemptions, Collection and Payment
68 Okl.St.Ann. § 2936
§ 2936. Receipt of federal in lieu payments--Apportionment and payment to political subdivisions
Whenever such payment from the United States is received, the county treasurer shall issue a receipt therefor in the name of the county. Immediately after receiving a payment from the United States in lieu of taxes on account of any such nontaxable property, the county treasurer shall, without any deduction, apportion and pay such payment to the county and several political subdivisions in which any such property is located in the same proportion that ad valorem taxes for the year for which the payment is received are apportioned among such subdivisions of government.

Credits

Laws 1988, c. 162, § 136, eff. Jan. 1, 1992.
68 Okl. St. Ann. § 2936, OK ST T. 68 § 2936
Current with emergency effective legislation through Chapter 106 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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