Oklahoma § 68-2368.25 - Donation from tax refund - Oklahoma Sports Eye Safety

§ 68-2368.25. Donation from tax refund - Oklahoma Sports Eye Safety

Program Revolving Fund - Apportionment.

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 Sports Eye Safety Program 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 Sports Eye Safety Program Revolving Fund

created in Section 3 of this act.

C. 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 Title 68 of the Oklahoma Statutes. 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. 384, § 2, eff. Nov. 1, 2011.