Okla. Stat. tit. 68, § 68-1370.6: County sales tax - Levy of tax on gross proceeds or

receipts derived from certain consumer sales and services to fund

projects for new public improvements.

A. Notwithstanding the provisions of Section 1370 of this title

and in accordance with Section 1 of this act, any county of this

state with a population of more than three hundred thousand

(300,000) according to the latest Federal Decennial Census may levy

a sales tax of not to exceed one percent (1%) upon the gross

proceeds or gross receipts derived from all sales or services in the

county upon which a consumer's sales tax is levied by the state,

except as provided in paragraph 8 of Section 1357 of this title,

subject to the following conditions:

1. The proceeds of such sales tax shall be used solely for the

purpose of funding one or more projects for new public improvements;

2. Before a sales tax may be levied by the county, the

imposition of the tax shall first be approved by a majority of the

registered voters of the county voting thereon at a special election

called by resolution of the board of county commissioners;

3. Such sales tax can only be imposed for a period of not to

exceed three (3) years; and

4. Any special election called pursuant to this section must be

held no later than March 1, 1994.

B. The board of county commissioners shall create a limited-

purpose fund and deposit therein any revenue generated by any sales

tax levied pursuant to the provisions of subsection A of this

section. The fund shall be placed in an insured interest-bearing

account and the interest which accrues to the fund shall be retained

in the fund. Monies in the limited-purpose fund shall be expended

only as accumulated and only for the purpose specifically described

in paragraph 1 of subsection A of this section.

C. As used in this section:

1. "Projects for new public improvements" means any new and

beneficial change, addition, betterment or enhancement of or upon

any real property belonging to a public agency, intended to enhance

the value, beauty or utility of said property or to adapt it to new

or further purposes; and

2. "Public agency" means the State of Oklahoma and any county,

city, public trust or other public entity specifically created by

the statutes of the State of Oklahoma or as a result of statutory

authorization contained therein.