Oklahoma § 59-567.31 - Advanced Practice Registered Nurse Preceptor Tax Credit
Full text of Oklahoma Oklahoma Statutes § 59-567.31 — Advanced Practice Registered Nurse Preceptor Tax Credit, with citation guidance and answers to common questions.
§ 59-567.31. Advanced Practice Registered Nurse Preceptor Tax Credit
Revolving Fund.
There is hereby created in the State Treasury a revolving fund
for the Oklahoma Board of Nursing to be designated the “Advanced
Practice Registered Nurses Preceptor Tax Credit Revolving Fund”.
The fund shall be a continuing fund, not subject to fiscal year
limitations, and shall consist of the monies received by the Board
from a portion of licensure fees received from Advanced Practice
Registered Nurses under subsection I of Section 1 of this act. All
monies accruing to the credit of the fund are hereby appropriated
and the fund shall be used to make a transfer payment to the
Oklahoma Tax Commission in an amount equal to the amount of tax
credits awarded pursuant to this act. The Oklahoma Tax Commission
shall apportion monies transferred from the fund in the same manner
as provided by Section 2352 of Title 68 of the Oklahoma Statutes.
Monies in the fund which are not required for payment of
administrative expenses to the Health Care Workforce Training
Commission, which shall not exceed five percent (5%) of monies
apportioned to the fund, or which are not required to be transferred
to the Oklahoma Tax Commission as otherwise required by this act to
offset the revenue impacted by the use of the income tax credits
awarded pursuant to Section 1 of this act may be used to implement
programs required or authorized by law.
Oklahoma Statutes - Title 59. Professions and Occupations
Added by Laws 2024, c. 316, § 5, emerg. eff. May 16, 2024.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 59-567.31
What does Oklahoma Statutes § 59-567.31 cover?
Section 59-567.31 ("Advanced Practice Registered Nurse Preceptor Tax Credit") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 59-567.31?
A common citation format is "Oklahoma Statutes § 59-567.31" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 59-567.31 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.