Oklahoma § 68-3505 - Incentive payments - Funding source
Full text of Oklahoma Oklahoma Statutes § 68-3505 — Incentive payments - Funding source, with citation guidance and answers to common questions.
§ 68-3505. Incentive payments - Funding source
In order to ensure the availability of funds for incentive
payments authorized pursuant to the provisions of this act, the
Oklahoma Tax Commission shall transfer such amounts as determined by
multiplying the net benefit rate provided by the Department of
Commerce by the gross payroll as determined pursuant to the
provisions of subsection A of Section 6 of this act. Such funds
shall be transferred from current withholding tax collections into
an agency special account designated for this purpose by the
Oklahoma Statutes - Title 68. Revenue and Taxation
Oklahoma Tax Commission at such times as may be deemed necessary by
the Tax Commission.
Added by Laws 1993, c. 1, § 5, emerg. eff. Feb. 8, 1993.
Frequently Asked Questions About Oklahoma § 68-3505
What does Oklahoma Statutes § 68-3505 cover?
Section 68-3505 ("Incentive payments - Funding source") 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 § 68-3505?
A common citation format is "Oklahoma Statutes § 68-3505" (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 § 68-3505 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.