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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 40, § 40-6-205: Technology Fund balance

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Where this section sits in the code
  1. OK Code
  2. Title 40

TECHNOLOGY FUND BALANCE.

The balance of the OESC Technology Fund on July 1 of any given

year shall be used in the calculation of conditional factors

pursuant to Section 3-113 of this title as long as the OESC

Technology Fund has a balance greater than zero (0).

The balance of the fund shall not exceed Twenty-five Million

Dollars ($25,000,000.00) prior to June 30, 2024, or be greater than

the calculated amount of Twenty-five Million Dollars

($25,000,000.00). All funds in excess of these amounts shall be

transferred to the Unemployment Compensation Fund.

The calculation shall be conducted in the following manner: The

balance of the OESC Technology Fund as of July 1 of any given year

shall be aggregated with the balance of the Unemployment

Compensation Fund as of July 1 of the same year, with the resulting

sum to be used in the calculation of the conditional factors as set

out in Section 3-113 of this title. The aggregate of the two fund

balances shall only be for the purpose of the calculation and in no

way shall balances in these two funds be commingled.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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