Oklahoma § 68-2368.29 - Donation from tax refund - General Revenue Fund

§ 68-2368.29. Donation from tax refund - General Revenue Fund

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

beginning after December 31, 2016, and each state corporate tax

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

contain provisions to allow a donation from a tax refund or a direct

donation for the benefit of the General Revenue Fund of the State of

Oklahoma, as follows:

Support of Oklahoma General Revenue Fund. Check if you wish to

donate from your tax refund: ( ) entire amount, or ( ) $____.

Check if you wish to make a direct donation to the General Revenue

Fund: (______) amount $_____________.

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 Income Tax Checkoff Revolving Fund for the Support of

the Oklahoma General Revenue 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 for the Oklahoma General Revenue Fund to be designated the

“Income Tax Checkoff Revolving Fund for the Support of the Oklahoma

General Revenue Fund“. The fund shall be a continuing fund, not

subject to fiscal year limitations, and shall consist of all monies

apportioned to the fund pursuant to the provisions of this section.

All monies accruing to the credit of the fund shall be deposited to

the credit of the General Revenue Fund and appropriation of such

funds shall be subject to the provisions of Section 23 of Article X

of the Oklahoma Constitution. 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 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 2016, c. 144, § 1, eff. Jan. 1, 2017.

NOTE: Editorially renumbered from § 2368.28 of this title to avoid

duplication in numbering.