Oklahoma § 68-2947.2 - Apportionment of documentary stamp revenues
Full text of Oklahoma Oklahoma Statutes § 68-2947.2 — Apportionment of documentary stamp revenues, with citation guidance and answers to common questions.
§ 68-2947.2. Apportionment of documentary stamp revenues
A. For the fiscal year ending June 30, 2022, and for each
fiscal year thereafter, ten percent (10%) of the revenue collected
pursuant to Section 3204 of this title shall be apportioned by the
Oklahoma Tax Commission monthly to the Oklahoma Cooperative
Extension Service for duties imposed on the Extension Service
pursuant to Sections 130.1 through 130.7 and Section 1500 of Title
19 of the Oklahoma Statutes and Section 3006 of this title.
B. For the fiscal year ending June 30, 2022, and for each
fiscal year thereafter, eighty-eight and five-tenths percent (88.5%)
of the revenue collected pursuant to Section 3204 of this title
shall be apportioned by the Oklahoma Tax Commission monthly to the
Oklahoma State University Center for Local Government Technology for
duties imposed pursuant to Sections 2816 and 2862 of this title
related to any training, support, professional development, and
additional software necessary for county assessors, treasurers and
Oklahoma Statutes - Title 68. Revenue and Taxation
boards of equalization, and the acquisition and administration of a
computer-assisted mass appraisal software system for county
governments; provided, the Oklahoma State University Center for
Local Government Technology may delay the acquisition of such
software until such time as sufficient funds are available.
C. After the computer-assisted mass appraisal software
acquisition is complete and associated costs are paid, any county
which elects not to participate in the Oklahoma State University
Center for Local Government Technology's computer-assisted mass
appraisal software system may apply to the Center for Local
Government Technology for a refund up to ten percent (10%) of such
county's annual documentary stamp tax revenue apportionment received
by the Center for Local Government Technology; provided, if
available funds are insufficient for a ten-percent rebate, the
percentage shall be adjusted so that rebates may be paid.
Added by Laws 2018, c. 260, § 6, eff. July 1, 2019. Amended by Laws
2021, c. 15, § 9, eff. Nov. 1, 2021.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 68-2947.2
What does Oklahoma Statutes § 68-2947.2 cover?
Section 68-2947.2 ("Apportionment of documentary stamp revenues") 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 § 68-2947.2?
A common citation format is "Oklahoma Statutes § 68-2947.2" (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 § 68-2947.2 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.