{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-1353v1","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-1353v1","heading":"Purpose of article - Apportionment of revenues","body":"A. It is hereby declared to be the purpose of the Oklahoma\n\nSales Tax Code to provide funds for the financing of the program\n\nprovided for by the Oklahoma Social Security Act and to provide\n\nrevenues for the support of the functions of the state government of\n\nOklahoma, and for this purpose it is hereby expressly provided that,\n\nrevenues derived pursuant to the provisions of the Oklahoma Sales\n\nTax Code, subject to the apportionment requirements for the Oklahoma\n\nTax Commission and Office of Management and Enterprise Services\n\nJoint Computer Enhancement Fund provided by Section 265 of this\n\ntitle, shall be apportioned as follows:\n\n1. Except as provided in subsections C, D, and E of this\n\nsection, the following amounts shall be paid to the State Treasurer\n\nto be placed to the credit of the General Revenue Fund to be paid\n\nout pursuant to direct appropriation by the Legislature:\n\nFiscal Year Amount\n\nFY 2003 and FY 2004 86.04%\n\nFY 2005 85.83%\n\nFY 2006 85.54%\n\nFY 2007 85.04%\n\nFY 2008 through FY 2022 83.61%\n\nFY 2023 through FY 2027 83.36%\n\nFY 2028 and each fiscal year thereafter 83.61%;\n\n2. The following amounts shall be paid to the State Treasurer\n\nto be placed to the credit of the Education Reform Revolving Fund of\n\nthe State Department of Education:\n\na. for FY 2003, FY 2004 and FY 2005, ten and forty-two\n\none-hundredths percent (10.42%),\n\nb. for FY 2006 through FY 2020, ten and forty-six one-\n\nhundredths percent (10.46%),\n\nc. for FY 2021:\n\n(1) for the month beginning July 1, 2020, through the\n\nmonth ending August 31, 2020, ten and forty-six\n\none-hundredths percent (10.46%), and\n\n(2) for the month beginning September 1, 2020,\n\nthrough the month ending June 30, 2021, eleven\n\nand ninety-six one-hundredths percent (11.96%),\n\nd. for FY 2022 and each fiscal year thereafter, ten and\n\nforty-six one-hundredths percent (10.46%);\n\n3. The following amounts shall be paid to the State Treasurer\n\nto be placed to the credit of the Teachers' Retirement System\n\nDedicated Revenue Revolving Fund:\n\nFiscal Year Amount\n\nFY 2003 and FY 2004 3.54%\n\nFY 2005 3.75%\n\nFY 2006 4.0%\n\nFY 2007 4.5%\n\nFY 2008 through FY 2020 5.0%\n\nFY 2021:\n\na. for the month beginning July\n\n1, 2020, through the month\n\nending August 31, 2020 5.0%\n\nb. for the month beginning\n\nSeptember 1, 2020, through\n\nthe month ending June 30,\n\n2021 3.5%\n\nFY 2022 5.0%\n\nFY 2023 through FY 2027 5.25%\n\nFY 2028 and each fiscal year thereafter 5.0%;\n\n4. a. except as otherwise provided in subparagraph b of this\n\nparagraph, for the fiscal year beginning July 1, 2015,\n\nand for each fiscal year thereafter, eighty-seven one-\n\nhundredths percent (0.87%) shall be paid to the State\n\nTreasurer to be further apportioned as follows:\n\n(1) thirty-six percent (36%) shall be placed to the\n\ncredit of the Oklahoma Tourism Promotion\n\nRevolving Fund, but in no event shall such\n\napportionment exceed Five Million Dollars\n\n($5,000,000.00) in any fiscal year, and\ning July 1, 2015,\n\nand for each fiscal year thereafter, eighty-seven one-\n\nhundredths percent (0.87%) shall be paid to the State\n\nTreasurer to be further apportioned as follows:\n\n(1) thirty-six percent (36%) shall be placed to the\n\ncredit of the Oklahoma Tourism Promotion\n\nRevolving Fund, but in no event shall such\n\napportionment exceed Five Million Dollars\n\n($5,000,000.00) in any fiscal year, and\n\n(2) sixty-four percent (64%) shall be placed to the\n\ncredit of the Oklahoma Tourism Capital\n\nImprovement Revolving Fund, but in no event shall\n\nsuch apportionment exceed Nine Million Dollars\n\n($9,000,000.00) in any fiscal year, and\n\nb. any amounts which exceed the limitations of\n\nsubparagraph a of this paragraph shall be placed to\n\nthe credit of the General Revenue Fund; and\n\n5. For the fiscal year beginning July 1, 2015, and for each\n\nfiscal year thereafter, six one-hundredths percent (0.06%) shall be\n\nplaced to the credit of the Oklahoma Historical Society Capital\n\nImprovement and Operations Revolving Fund, but in no event shall\n\nsuch apportionment exceed the total amount apportioned pursuant to\n\nthis paragraph for the fiscal year ending on June 30, 2015. Any\n\namounts which exceed the limitations of this paragraph shall be\n\nplaced to the credit of the General Revenue Fund.\n\nB. Provided, for the fiscal year beginning July 1, 2007, and\n\nevery fiscal year thereafter, an amount of revenue shall be\n\napportioned to each municipality or county which levies a sales tax\n\nsubject to the provisions of Section 1357.10 of this title and\n\nsubsection F of Section 2701 of this title equal to the amount of\n\nsales tax revenue of such municipality or county exempted by the\n\nprovisions of Section 1357.10 of this title and subsection F of\n\nSection 2701 of this title. The Oklahoma Tax Commission shall\n\npromulgate and adopt rules necessary to implement the provisions of\n\nthis subsection.\n\nC. From the monies that would otherwise be apportioned to the\n\nGeneral Revenue Fund pursuant to subsection A of this section, there\n\nshall be apportioned the following amounts:\n\n1. For the month ending August 31, 2019:\n\na. Nine Million Six Hundred Thousand Dollars\n\n($9,600,000.00) to the credit of the State Highway\n\nConstruction and Maintenance Fund created in Section\n\n1501 of Title 69 of the Oklahoma Statutes, and\n\nb. Two Million Dollars ($2,000,000.00) to the credit of\n\nthe Oklahoma Railroad Maintenance Revolving Fund\n\ncreated in Section 309 of Title 66 of the Oklahoma\n\nStatutes;\n\n2. For the month ending September 30, 2019:\n\na. Twenty Million Dollars ($20,000,000.00) to the credit\n\nof the State Highway Construction and Maintenance Fund\n\ncreated in Section 1501 of Title 69 of the Oklahoma\n\nStatutes, and\n\nb. Two Million Dollars ($2,000,000.00) to the credit of\n\nthe Oklahoma Railroad Maintenance Revolving Fund\n\ncreated in Section 309 of Title 66 of the Oklahoma\n\nStatutes;\n\n3. For the month ending October 31, 2019:\n\na. Twenty Million Dollars ($20,000,000.00) to the credit\n\nof the State Highway Construction and Maintenance Fund\n\ncreated in Section 1501 of Title 69 of the Oklahoma\n\nStatutes, and\n\nb. Two Million Dollars ($2,000,000.00) to the credit of\n\nthe Oklahoma Railroad Maintenance Revolving Fund\n\ncreated in Section 309 of Title 66 of the Oklahoma\n\nStatutes;\n\n4. For the month ending November 30, 2019:\n\na. Twenty Million Dollars ($20,000,000.00) to the credit\n\nof the State Highway Construction and Maintenance Fund\n\ncreated in Section 1501 of Title 69 of the Oklahoma\n\nStatutes, and\n\nb. Two Million Dollars ($2,000,000.00) to the credit of\n\nthe Oklahoma Railroad Maintenance Revolving Fund\n\ncreated in Section 309 of Title 66 of the Oklahoma\n\nStatutes; and\n\n5. For the month ending December 31, 2019:\n\na. Twenty Million Dollars ($20,000,000.00) to the credit\n\nof the State Highway Construction and Maintenance Fund\n\ncreated in Section 1501 of Title 69 of the Oklahoma\n\nStatutes, and\nb. Two Million Dollars ($2,000,000.00) to the credit of\n\nthe Oklahoma Railroad Maintenance Revolving Fund\n\ncreated in Section 309 of Title 66 of the Oklahoma\n\nStatutes; and\n\n5. For the month ending December 31, 2019:\n\na. Twenty Million Dollars ($20,000,000.00) to the credit\n\nof the State Highway Construction and Maintenance Fund\n\ncreated in Section 1501 of Title 69 of the Oklahoma\n\nStatutes, and\n\nb. Two Million Dollars ($2,000,000.00) to the credit of\n\nthe Oklahoma Railroad Maintenance Revolving Fund\n\ncreated in Section 309 of Title 66 of the Oklahoma\n\nStatutes.\n\nD. For fiscal year 2023, and each subsequent fiscal year,\n\nbefore any other apportionment otherwise required by this section is\n\nmade to the General Revenue Fund, there shall be apportioned to the\n\nState Public Common School Building Equalization Fund an amount, if\n\nany, as required pursuant to Section 3-104 of Title 70 of the\n\nOklahoma Statutes, not to exceed the state sales tax generated by\n\nmedical marijuana sales in the preceding fiscal year as reported by\n\nthe Oklahoma Tax Commission.\n\nE. For the fiscal year ending June 30, 2023, and for each\n\nfiscal year thereafter, after the apportionment required by\n\nsubsection D of this section, but before any other apportionment to\n\nthe General Revenue Fund is made, there shall be apportioned to the\n\nMunicipal Road Drilling Activity Revolving Fund created pursuant to\n\nSection 2 of this act the amount of Five Million Dollars\n\n($5,000,000.00) for use by municipalities to repair roads as\n\nprescribed pursuant to the requirements of Section 2 of this act.","path":["OK Code","Title 68"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os68.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"0dad504d35ca9d8ad1111788ffa433f9619d50e440588327078cb1b2d7c462a7","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-1353","next":"us-ok/okla.-stat.-tit.-68-68-1353v2"},"notice":"GroundRules: Original legal text. Not legal advice."}