Oklahoma § 63-427.5 - Oklahoma Medical Marijuana Authority Fund
Full text of Oklahoma Oklahoma Statutes § 63-427.5 — Oklahoma Medical Marijuana Authority Fund, with citation guidance and answers to common questions.
§ 63-427.5. Oklahoma Medical Marijuana Authority Fund
There is hereby created in the State Treasury a fund for the
Oklahoma Medical Marijuana Authority to be designated the “Oklahoma
Medical Marijuana Authority Fund”. The fund shall be a continuing
fund, not subject to fiscal year limitations, and shall consist of
all monies received by the Authority from fees and fines collected
pursuant to the Oklahoma Medical Marijuana and Patient Protection
Act. All monies accruing to the credit of the fund shall be
appropriated at the discretion of the Legislature for the purpose of
funding the Oklahoma Medical Marijuana Authority.
Added by Laws 2019, c. 11, § 5. Amended by Laws 2023, 1st Ex.
Sess., c. 34, § 2, eff. July 1, 2023.
§63-427.5a. Medical Marijuana Tax Fund.
There is hereby created in the State Treasury a fund for the
Oklahoma Medical Marijuana Authority to be designated the “Medical
Marijuana Tax Fund”. The fund shall be a continuing fund, not
subject to fiscal year limitations, and shall consist of all monies
received by the Authority from tax proceeds collected pursuant to
Section 426 of Title 63 of the Oklahoma Statutes. All monies
accruing to the credit of the fund shall be appropriated at the
discretion of the Legislature for the purpose of funding substance
abuse programs and common education including but not limited to
funding redbud school grants pursuant to Section 3-104 of Title 70
of the Oklahoma Statutes.
Added by Laws 2023, 1st Ex. Sess., c. 34, § 3, eff. July 1, 2023.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 63-427.5
What does Oklahoma Statutes § 63-427.5 cover?
Section 63-427.5 ("Oklahoma Medical Marijuana Authority Fund") 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 § 63-427.5?
A common citation format is "Oklahoma Statutes § 63-427.5" (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 § 63-427.5 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.