Okla. Stat. tit. 40, § 40-4-608: Reed Act distributions

REED ACT DISTRIBUTIONS.

A. Monies credited to the account of this state in the

Unemployment Trust Fund, described in Section 3-605 of this title,

by the Secretary of the Treasury of the United States pursuant to 42

U.S.C., Section 1103, may be used for the payment of unemployment

benefits to qualified claimants in this state, or may be

appropriated by the Legislature following the procedure set out in

42 U.S.C., Section 1103 (c)(2), for the administration of the

unemployment compensation law and public employment offices in this

state.

B. Monies credited to the account of this state in the

Unemployment Trust Fund, described in Section 3-605 of this title,

by the Secretary of the Treasury of the United States pursuant to 42

U.S.C., Section 1103, with respect to federal fiscal years 1999,

2000, and 2001, shall be used solely for the administration of the

Unemployment Compensation Program in this state.