Okla. Stat. tit. 68, § 68-2355.2: Oklahoma Taxpayer Relief Revolving Fund

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

fund for the State Treasurer to be designated the "Oklahoma Taxpayer

Relief Revolving Fund". The fund shall be a continuing fund, not

subject to fiscal year limitations, and shall consist of the monies

transferred to such fund pursuant to paragraph 2 of subsection A of

Section 46.1 of Title 62 of the Oklahoma Statutes. All monies

accruing to the credit of said fund are hereby appropriated and may

be budgeted and expended by the State Treasurer for the purpose of

providing payments to Oklahoma residents who have filed an income

tax return pursuant to Section 2355 of this title for the preceding

tax year, except for those residents who were inmates in the custody

of the Department of Corrections, and for the purpose of

administrative costs incurred by the State Treasurer in making

payments provided by this section. The payments to taxpayers filing

as married filing jointly, surviving spouse or head of household

shall be equal to two times the payment to taxpayers filing as an

individual or married filing separately. No taxpayer filing as an

individual who claims zero personal exemptions shall receive a

payment. During each year funds accrue pursuant to Section 46.1 of

Title 62 of the Oklahoma Statutes, the Oklahoma Tax Commission shall

provide the State Treasurer with information necessary for such

payments to be issued. Expenditures from said fund shall be made

upon warrants issued by the State Treasurer against claims filed as

prescribed by law with the Director of the Office of Management and

Enterprise Services for approval and payment.

B. The State Treasurer shall promulgate any necessary rules in

order to administer the provisions of this section.

C. The Oklahoma Taxpayer Relief Revolving Fund shall be

abolished and all monies remaining in such fund transferred to the

Special Cash Fund on June 30, 2012. Any liabilities payable from

the Oklahoma Taxpayer Relief Revolving Fund shall be extinguished

upon its abolishment and shall not be transferred to the Special

Cash Fund. The Special Cash Fund refers to the fund created by

Section 253 of Title 62 of the Oklahoma Statutes.