{"data":{"id":"us-ok/okla.-stat.-tit.-62-62-891.14","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 62, § 62-891.14","heading":"Submitting tax questions to county voters","body":"A. As used in this section:\n\n1. “Authority” means the Oklahoma Development Finance\n\nAuthority;\n\n2. “Eligible local government entity” means:\n\na. a city,\n\nb. a town,\n\nc. a county,\n\nd. any combination of cities, towns, or counties, or\n\ne. a public trust with a beneficiary or beneficiary which\n\nis a city, town, county or some combination of such\n\nentities as authorized by Section 176 of Title 60 of\n\nthe Oklahoma Statutes;\n\n3. “Existing levy” means a tax or other revenue raising\n\nmechanism approved by the voters of a county, city or town prior to\n\nthe effective date of this act;\n\n4. “Municipality” means an incorporated city or town; and\n\n5. “Pooled financing” means the use of municipal revenues,\n\nderived from a levy imposed pursuant to the authority of Section\n\n2701 of Title 68 of the Oklahoma Statutes, available to one or more\n\nmunicipalities or county revenues, derived from a levy imposed\n\npursuant to the authority of Section 1370 of Title 68 of the\n\nOklahoma Statutes, based upon the local government entity\n\nparticipating in a pooled financing.\n\nB. Subject to the requirements of Section 1370 of Title 68 of\n\nthe Oklahoma Statutes, one or more counties may submit to the\n\nrespective voters of each such county the question of whether to\n\nimpose a tax not previously imposed, authorized by Section 1370 of\n\nTitle 68 of the Oklahoma Statutes, in order to provide revenues to\n\nrepay indebtedness incurred by the Authority for the purposes\n\nauthorized by the Oklahoma Community Economic Development Pooled\n\nFinance Act. The provisions of this subsection shall be applicable\n\nto any one or more counties participating in a pooled financing,\n\nregardless of whether any other county, subject to voter approval,\n\nwill be imposing a tax levy to be used for the purposes of this act\n\nfor the first time or whether any one or more of such counties,\n\nsubject to voter approval, will be modifying the purposes of an\n\nexisting tax levy to allow revenues to be used for the purposes of\n\nthis act.\n\nC. Subject to the requirements of Section 1370 of Title 68 of\n\nthe Oklahoma Statutes, one or more counties may submit to the\n\nrespective voters of each such county the question of whether to\n\nmodify an existing tax levy, previously approved by the voters of\n\nsuch county, in order to allow the use of some part or all of the\n\nproceeds from the existing tax levy in order to provide revenues to\n\nrepay indebtedness incurred by the Authority for the purposes\n\nauthorized by this act. The provisions of this subsection shall be\n\napplicable to any one or more counties participating in a pooled\n\nfinancing, regardless of whether any other county, subject to voter\n\napproval, will be imposing a tax levy to be used for the purposes of\n\nthis act for the first time or whether any one or more of such\n\ncounties, subject to voter approval, will be modifying the purposes\n\nof an existing tax levy to allow revenues to be used for the\n\npurposes of this act.\n\nD. Counties may submit questions authorized by this section\n\nregardless of whether the counties are contiguous or adjacent to one\n\nanother.\n\nE. A county that submits a question for the imposition of a\n\ndedicated tax levy or the modification of an existing tax levy\n\npursuant to the provisions of this section shall specify the type of\n\ntax levy and the rate of the levy in the question submitted which\n\nshall be clearly identified by the wording of the ballot.\n\nF. A county may impose a different tax levy or the same type of\n\nlevy at a different rate than the other counties or a different levy\n\nor at a different rate than a participating municipality or\n\nmunicipalities submitting a pooled financing question to the\n\nrespective voters of the participating jurisdictions.\n\nG. The duration of the levy shall be identical in all questions\n\nsubmitted for voter approval and shall not exceed twenty-five (25)\n\nyears.\n\nH. The ballot for a pooled financing pursuant to the provisions\na different levy\n\nor at a different rate than a participating municipality or\n\nmunicipalities submitting a pooled financing question to the\n\nrespective voters of the participating jurisdictions.\n\nG. The duration of the levy shall be identical in all questions\n\nsubmitted for voter approval and shall not exceed twenty-five (25)\n\nyears.\n\nH. The ballot for a pooled financing pursuant to the provisions\n\nof this act shall clearly indicate:\n\n1. That the revenues from the tax levy are to be used for the\n\npayment of principal, interest and other costs of borrowing\n\nauthorized by the provisions of this act;\n\n2. The duration of the obligations to be repaid; and\n\n3. The projects or assets to be acquired, constructed,\n\nimproved, maintained or otherwise used by the county as a result of\n\nthe imposition of the levy.\n\nI. Revenues derived from a tax levy imposed pursuant to the\n\nprovisions of this section shall be paid by the county to the\n\nCommunity Economic Development Pooled Finance Revolving Fund created\n\npursuant to Section 15 of this act.\n\nJ. No tax levy imposed pursuant to the provisions of this\n\nsection shall be repealed until such time as the indebtedness is\n\nfully repaid. In no event shall the duration of the levy be\n\nextended beyond the duration approved by the voters of the county.","path":["OK Code","Title 62"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os62.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"7b0fc6539c48ec5b8f9310d7db0d0af613802efb1f253557aa919dce1a2ebb38","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-62-62-891.13","next":"us-ok/okla.-stat.-tit.-62-62-891.15"},"notice":"GroundRules: Original legal text. Not legal advice."}