Okla. Stat. tit. 74, § 74-130.4: Oklahoma Alternative Fuels Conversion Fund
Where this section sits in the code
- OK Code
- Title 74
A. There is hereby created in the State Treasury a revolving
fund for the Office of Management and Enterprise Services to be
designated as the "Oklahoma Alternative Fuels Conversion Fund". The
fund shall be a continuing fund, not subject to fiscal year
limitations, and shall consist of all monies received by the Office
of Management and Enterprise Services pursuant to Section 130.5 of
this title.
B. All monies accruing to the credit of the revolving fund
shall be expended by the Office of Management and Enterprise
Services to reimburse expenses relative to the conversion of
government vehicles and school vehicles to have the capability of
being fueled or charged by alternative fuels and/or the expenses
relative to the installation of a fill station or charge station.
The maximum amount expended per vehicle shall be the actual cost of
vehicle conversion or Ten Thousand Dollars ($10,000.00), whichever
is less. The maximum amount expended per fill station or charge
station shall be the actual cost of the installation or Three
Hundred Thousand Dollars ($300,000.00), whichever is less. The
balance on deposit in the fund shall never exceed the sum of Five
Million Dollars ($5,000,000.00).
C. Expenditures from the revolving 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.
Collected 2026-09-14T18:32:36Z. Source file · JSON