Oklahoma § 68-2368.24 - Tax donation - Oklahoma Lupus Revolving Fund

§ 68-2368.24. Tax donation - Oklahoma Lupus Revolving Fund

A. Each state individual income tax return form for tax years

which begin after December 31, 2011, and each state corporate tax

return form for tax years beginning after December 31, 2011, shall

contain a provision to allow a donation from a tax refund for the

benefit of the Oklahoma Lupus Revolving Fund.

B. Except as otherwise provided for in this section, all monies

generated pursuant to subsection A of this section shall be paid to

the State Treasurer by the Oklahoma Tax Commission and placed to the

credit of the Oklahoma Lupus Revolving Fund created in subsection C

of this section.

C. There is hereby created in the State Treasury a revolving

fund to be designated the "Oklahoma Lupus Revolving Fund" and

administered by the State Department of Health. The fund shall be a

continuing fund, not subject to fiscal year limitations, and shall

consist of all the monies received by the State Department of Health

pursuant to the provisions of subsection A of this section. All

monies accruing to the credit of the fund are appropriated and may

be budgeted and expended by the State Department of Health at the

beginning of each fiscal year for the purpose of providing grants to

the Oklahoma Medical Research Foundation for the purpose of funding

research into treating and curing Lupus in this state. Expenditures

from the fund shall be made upon warrants issued by the State

Treasurer against claims filed as prescribed by law with the

Director of the Office of Management and Enterprise Services for

approval and payment.

D. If a taxpayer makes a donation pursuant to subsection A of

this section in error, such taxpayer may file a claim for a refund

at any time within three (3) years from the due date of the tax

return. Such claims shall be filed pursuant to the provisions of

Section 2373 of this title. Prior to the apportionment set forth in

this section, an amount equal to the total amount of refunds made

pursuant to this subsection during any one (1) year shall be

deducted from the total donations received pursuant to this section

during the following year and such amount deducted shall be paid to

the State Treasurer and placed to the credit of the Income Tax

Withholding Refund Account.

Added by Laws 2011, c. 172, § 3, eff. Jan. 1, 2012. Amended by Laws

2012, c. 304, § 564.

Oklahoma Statutes - Title 68. Revenue and Taxation