{"data":{"id":"us-ok/okla.-stat.-tit.-59-59-567.31","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 59, § 59-567.31","heading":"Advanced Practice Registered Nurse Preceptor Tax Credit","body":"Revolving Fund.\n\nThere is hereby created in the State Treasury a revolving fund\n\nfor the Oklahoma Board of Nursing to be designated the “Advanced\n\nPractice Registered Nurses Preceptor Tax Credit Revolving Fund”.\n\nThe fund shall be a continuing fund, not subject to fiscal year\n\nlimitations, and shall consist of the monies received by the Board\n\nfrom a portion of licensure fees received from Advanced Practice\n\nRegistered Nurses under subsection I of Section 1 of this act. All\n\nmonies accruing to the credit of the fund are hereby appropriated\n\nand the fund shall be used to make a transfer payment to the\n\nOklahoma Tax Commission in an amount equal to the amount of tax\n\ncredits awarded pursuant to this act. The Oklahoma Tax Commission\n\nshall apportion monies transferred from the fund in the same manner\n\nas provided by Section 2352 of Title 68 of the Oklahoma Statutes.\n\nMonies in the fund which are not required for payment of\n\nadministrative expenses to the Health Care Workforce Training\n\nCommission, which shall not exceed five percent (5%) of monies\n\napportioned to the fund, or which are not required to be transferred\n\nto the Oklahoma Tax Commission as otherwise required by this act to\n\noffset the revenue impacted by the use of the income tax credits\n\nawarded pursuant to Section 1 of this act may be used to implement\n\nprograms required or authorized by law.","path":["OK Code","Title 59"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os59.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"8a4b8eb1a8afbc4f04422b45b1227409b151e090639bd347b243edd81f32a3fa","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-59-59-567.26","next":"us-ok/okla.-stat.-tit.-59-59-567.3a"},"notice":"GroundRules: Original legal text. Not legal advice."}