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

Okla. Stat. tit. 62, § 62-50: Tobacco Settlement Fund - Monies

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Where this section sits in the code
  1. OK Code
  2. Title 62

A. There is hereby created in the State Treasury a revolving

fund to be known and designated as the Tobacco Settlement Fund, into

which fund shall be deposited:

1. All monies received by the state or any official, agency or

department of the state in settlement of claims by the state against

tobacco manufacturers during the month of April 2000;

2. All monies received by the state or any official, agency or

department of the state in settlement of claims by the state against

tobacco manufacturers during fiscal year 2001;

3. That portion of monies apportioned to the Tobacco Settlement

Fund pursuant to the provisions of subsection B of this section; and

4. Such other monies as may be appropriated or otherwise

directed thereto by law.

The Tobacco Settlement Fund shall be a continuing fund, not

subject to fiscal year limitations. No monies shall be paid out of

such fund except pursuant to appropriation by the Legislature.

B. Unless the provisions of subsection C of this section become

operative as law, monies received by the state or any official,

agency or department of the state in settlement of claims by the

state against tobacco manufacturers not otherwise apportioned

pursuant to the provisions of Section 40 of Article X of the

Oklahoma Constitution shall be apportioned as follows:

1. Seventy-five percent (75%) shall be apportioned to the

Tobacco Settlement Fund; and

2. Twenty-five percent (25%) shall be apportioned to the

Attorney General's Evidence Fund.

C. Monies received by the state or any official, agency or

department of the state in settlement of claims by the state against

tobacco manufacturers not otherwise apportioned pursuant to the

provisions of Section 40 of Article X of the Oklahoma Constitution,

if the provisions of the State Question as contained in Enrolled

Senate Joint Resolution No. 27 of the 2nd Session of the 57th

Oklahoma Legislature are approved by the people, shall be

apportioned as follows:

1. Ninety-one and sixty-seven hundredths percent (91.67%) shall

be apportioned to the Tobacco Settlement Fund; and

2. Eight and thirty-three hundredths percent (8.33%) shall be

apportioned to the Attorney General's Evidence Fund.

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

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