Okla. Stat. tit. 68, § 68-500.10-1: Ethanol credit – Refund claims process

A. As used in this section:

1. “Ethanol” means a blend of gasoline and ethyl alcohol

consisting of not more than fifteen percent (15%) ethyl alcohol by

volume; and

2. “Retail dealer” means the type of dealer described by

paragraph 53 of Section 500.3 of Title 68 of the Oklahoma Statutes.

B. Unless the federal government mandates the use of

reformulated fuel in an area within the State of Oklahoma in

nonattainment with the National Ambient Air Quality Standards, there

shall be allowed as a credit against the tax levy imposed pursuant

to paragraph 1 of subsection A of Section 500.4 of Title 68 of the

Oklahoma Statutes in the amount of one and six-tenths cents ($0.016)

for each gallon of ethyl alcohol which is contained in ethanol sold

by a retail dealer.

C. Notwithstanding any other provision of the Oklahoma Motor

Fuel Tax Code to the contrary, the retail dealer described by

subsection A of this section may make the claim for refund from the

Oklahoma Tax Commission. The refund claim process for the credit

authorized by this section shall be substantially the same as the

refund claims process authorized by the Motor Fuel Tax Code for

other refunds provided by law.

D. Each claim for refund filed pursuant to this section shall

be accompanied by such documentation as may be required by the Tax

Commission that the retail dealer reduced the retail price for each

gallon of ethyl alcohol which is contained in ethanol sold, and for

which the credit authorized by this section is claimed, by one and

six-tenths cents ($0.016) and that such cost savings was

economically provided to the purchaser of the ethanol fuel.