Okla. Stat. tit. 68, § 68-55010: Oklahoma Emission Reduction Technology Upstream and

Midstream Incentive Revolving Fund — Oklahoma Emission Reduction

Technology Downstream Incentive Revolving Fund.

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

fund for the Oklahoma Tax Commission to be designated the "Oklahoma

Emission Reduction Technology Upstream and Midstream Incentive

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

to fiscal year limitations, and shall consist of all monies received

by the Tax Commission from any public or private donations,

contributions, and gifts received for the benefit of the fund and

any amounts appropriated by the Legislature designated for deposit

in the fund. All monies accruing to the credit of the fund are

hereby appropriated and may be budgeted and expended by the Tax

Commission for the purpose of paying rebates for emission reduction

projects, except for projects pertaining to refining activities, as

provided in the Oklahoma Emission Reduction Technology Incentive

Act. Expenditures from the 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. Any remaining unencumbered

balance upon the cessation of the Oklahoma Emission Reduction

Technology Rebate Program, as provided in Section 55012 of this

title, shall be transferred to the General Revenue Fund of this

state.

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

fund for the Oklahoma Tax Commission to be designated the "Oklahoma

Emission Reduction Technology Downstream Incentive Revolving Fund".

The fund shall be a continuing fund, not subject to fiscal year

limitations, and shall consist of all monies received by the Tax

Commission from any public or private donations, contributions, and

gifts received for the benefit of the fund and any amounts

appropriated by the Legislature designated for deposit in the fund.

All monies accruing to the credit of the fund are hereby

appropriated and may be budgeted and expended by the Tax Commission

for the purpose of paying rebates for emission reduction projects

pertaining to refining activities as provided in this act.

Expenditures from the 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. Any remaining unencumbered balance upon the

cessation of the Oklahoma Emission Reduction Technology Rebate

Program, as provided in Section 55012 of this title, shall be

transferred to the General Revenue Fund of this state.