Oklahoma § 68-2368.28 - Donation from tax refund - Indigent Veteran Burial

§ 68-2368.28. Donation from tax refund - Indigent Veteran Burial

Revolving Fund

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

which begin after December 31, 2016, and each state corporate tax

return form for tax years beginning after December 31, 2016, shall

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

benefit of the Oklahoma Department of Veterans Affairs Indigent

Veteran Burial Program.

B. 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 Indigent Veteran Burial

Revolving Fund created in subsection C of this section.

Oklahoma Statutes - Title 68. Revenue and Taxation

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

fund to be designated the "Indigent Veteran Burial Revolving Fund"

and administered by the Oklahoma Department of Veterans Affairs.

The fund shall be a continuing fund, not subject to fiscal year

limitations, and shall consist of all the monies received pursuant

to the provisions of subsection A of this section and any donations

received from any individuals or organizations. All monies accruing

to the credit of the fund are appropriated and may be budgeted and

expended by the Oklahoma Department of Veterans Affairs to provide

reimbursement to a cemetery or funeral home for costs incurred

burying an indigent veteran; provided, the maximum reimbursement

shall not exceed Five Hundred Dollars ($500.00) per veteran and

total reimbursements made in calendar year 2017 shall be limited to

Twenty Thousand Dollars ($20,000.00). 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 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 2016, c. 81, § 1, eff. Jan 1, 2017.