Oklahoma § 62-34.88 - Education Reform Revolving Fund - Separate accounting

Full text of Oklahoma Oklahoma Statutes § 62-34.88 — Education Reform Revolving Fund - Separate accounting, with citation guidance and answers to common questions.

§ 62-34.88. Education Reform Revolving Fund - Separate accounting

for revenues - Use of funds - Tracking apportionment of revenue.

A. The Office of Accountability shall separately account for

and report monthly revenues which it determines accrued to the

Education Reform Revolving Fund which were attributable to the tax

increases contained in Enrolled House Bill No. 1017 of the 1st

Extraordinary Session of the 42nd Oklahoma Legislature.

B. Funds separately accounted for herein shall be used only to

fund the reforms provided for in Enrolled House Bill No. 1017 of the

1st Extraordinary Session of the 42nd Oklahoma Legislature and for

no other purpose. Any appropriation or expenditure of any of such

funds for any other purpose shall be null and void and of no effect.

C. The Office of Accountability shall track apportionment of

revenues which are deposited to the credit of the Education Reform

Revolving Fund of the State Treasury which are attributable to the

changes contained in Enrolled House Bill No. 1017 of the 1st

Extraordinary Session of the 42nd Oklahoma Legislature on a fiscal

year basis and shall provide an accounting to the Governor, Speaker

of the House of Representatives and President Pro Tempore of the

Senate, within thirty (30) days after the end of the fiscal year.

Oklahoma Statutes - Title 62. Public Finance

Added by Laws 1989, 1st Ex. Sess., c. 2, § 98, emerg. eff. April 25,

1990. Amended by Laws 1990, c. 126, § 8, emerg. eff. April 25,

1990; Laws 1990, c. 263, § 72, operative July 1, 1990; Laws 1995, c.

111, § 1, eff. July 1, 1995; Laws 1996, c. 269, § 1, eff. June 1,

1996. Renumbered from § 41.29a of this title by Laws 2009, c. 441,

§ 64, eff. July 1, 2009.

Source: official Oklahoma text · Last verified 2026-08-27

Frequently Asked Questions About Oklahoma § 62-34.88

What does Oklahoma Statutes § 62-34.88 cover?

Section 62-34.88 ("Education Reform Revolving Fund - Separate accounting") 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 § 62-34.88?

A common citation format is "Oklahoma Statutes § 62-34.88" (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 § 62-34.88 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.