Oklahoma § 68-2947.3 - Agency special account – Deposits and balance Distributions
Full text of Oklahoma Oklahoma Statutes § 68-2947.3 — Agency special account – Deposits and balance Distributions, with citation guidance and answers to common questions.
§ 68-2947.3. Agency special account – Deposits and balance Distributions
A. Any revenue not otherwise apportioned pursuant to the
provisions of subsection A or B of Section 2947.2 of this title
shall be deposited and maintained in the special agency account
created in Section 8 of this act subject to the procedures provided
in this section.
B. The maximum balance for the agency special account shall
never exceed Two Million Dollars ($2,000,000.00) at the end of each
fiscal year.
C. The Oklahoma State University Center for Local Government
Technology and the Oklahoma Cooperative Extension Service County
Training Program may request permission to expend funds in the
reserve account from the Commission on County Government Personnel
Education and Training. The Oklahoma Tax Commission shall, upon
written notification of expenditure approval from the Commission on
County Government Personnel Education and Training, distribute from
the agency special account the approved amount, if available, to the
Oklahoma State University Center for Local Government Technology or
the Oklahoma Cooperative Extension Service County Training Program,
as applicable.
D. The balance in the special agency account shall serve as a
contingency for adverse conditions if the distributions provided for
in subsections A and B of Section 2947.2 of this title are
insufficient to support the purposes of education training,
research, software and computer modernization of county governments.
E. For any fiscal year ending June 30, the Oklahoma Tax
Commission shall transfer any amount of revenue in excess of Two
Oklahoma Statutes - Title 68. Revenue and Taxation
Million Dollars ($2,000,000.00) remaining in the special agency
account to the General Revenue Fund of the State Treasury.
Added by Laws 2018, c. 260, § 7, eff. July 1, 2019. Amended by Laws
2021, c. 15, § 10, eff. Nov. 1, 2021.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 68-2947.3
What does Oklahoma Statutes § 68-2947.3 cover?
Section 68-2947.3 ("Agency special account – Deposits and balance Distributions") 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 § 68-2947.3?
A common citation format is "Oklahoma Statutes § 68-2947.3" (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 § 68-2947.3 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.