{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-302-1","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-302-1","heading":"Additional tax on cigarettes - Rates - Apportionment of","body":"revenues.\n\nA. In addition to the tax levied in Section 302 of this title,\n\nthere is hereby levied upon the sale, use, gift, possession or\n\nconsumption of cigarettes, as defined in Sections 301 through 325 of\n\nthis title, within the State of Oklahoma a tax at the rate of two\n\nand one-half (2 1/2) mills per cigarette. Such tax shall be\n\nevidenced by tax stamps as now provided for by law for other\n\ncigarette taxes, except that as to cigarette packages of less than\n\nten cigarettes for free distribution as samples, the tax levied in\n\nthis section shall be computed and paid as provided for other\n\ncigarette taxes without affixing stamps on each such package.\n\nB. No part of the revenues resulting from the additional tax\n\nlevied in this section shall be used in determining the amount of\n\ncigarette tax collections to be paid into the State of Oklahoma\n\nBuilding Bonds of 1961 Sinking Fund pursuant to the provisions of\n\nSections 57.31 through 57.43 of Title 62 of the Oklahoma Statutes,\n\ninto the State of Oklahoma Building Bonds of 1965 Sinking Fund\n\npursuant to the provisions of Sections 57.51 through 57.60 of Title\n\n62 of the Oklahoma Statutes, or into the State of Oklahoma\n\nInstitutional Building Bonds of 1965 Sinking Fund pursuant to the\n\nprovisions of Sections 57.61 through 57.73 of Title 62 of the\n\nOklahoma Statutes.\n\nC. The revenues resulting from the additional tax levied in\n\nthis section through June 30, 1968, shall be apportioned by the\n\nOklahoma Tax Commission and transmitted to the State Treasurer, who\n\nshall deposit the same in the State Treasury in a fund to be known\n\nas the \"State of Oklahoma Building Bonds of 1968 Reserve Fund\",\n\nwhich fund is hereby created. The Legislature shall appropriate\n\nmonies from such fund or so much thereof as may be deemed necessary;\n\nfirst, for the payment of interest and principal upon any bonds\n\nissued for capital improvements pursuant to the provisions of\n\nSection 38 of Article X of the Oklahoma Constitution; second, for\n\nother capital improvements at state institutions; third, for\n\noperating expenses of such capital improvements; and fourth, for any\n\nother purposes of state government. From and after July 1, 1968,\n\nall revenues resulting from the additional tax levied in this\n\nsection, except revenues dedicated to the retirement of the State of\n\nOklahoma Building Bonds of 1968, Series A, B, C, D and E, or any\n\nrefunding of any or all of such series, and except revenues required\n\nto be deposited in the University Hospitals Authority Disbursing\n\nFund, shall be apportioned by the Oklahoma Tax Commission and\n\ntransmitted to the State Treasurer, who shall deposit the same in\n\nthe General Revenue Fund.\n\nD. The cigarette tax levied in this section shall be collected\n\nand administered in all respects not inconsistent with as now or\n\nhereafter provided for by law for other cigarette taxes now levied,\n\ncollected and administered pursuant to the provisions of Sections\n\n301 through 325 of this title.","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":"43695a564bda67167beafa4b3dda78bbe076fc35d28bf97f59b4d876ad3979a4","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-302","next":"us-ok/okla.-stat.-tit.-68-68-302-2"},"notice":"GroundRules: Original legal text. Not legal advice."}