Oklahoma § 68-6101 - Assessments - Rebates
Full text of Oklahoma Oklahoma Statutes § 68-6101 — Assessments - Rebates, with citation guidance and answers to common questions.
§ 68-6101. Assessments - Rebates
A. All parties required to pay an assessment pursuant to
Section 173 of Title 85 of the Oklahoma Statutes shall be entitled
Oklahoma Statutes - Title 68. Revenue and Taxation
to receive a rebate equal to two-thirds (2/3) of the amount of the
assessment actually paid, subject to application to and approval of
the same by the Oklahoma Tax Commission. This rebate shall only
apply to assessments due after January 15, 2002. This rebate shall
not be considered in determining tax liability of an insurer
pursuant to Section 629 of Title 36 of the Oklahoma Statutes.
B. Beginning January 1, 2003, the Oklahoma Tax Commission shall
accept applications for rebates from all eligible parties for
assessments paid pertaining to the previous calendar year. If any
party fails to apply for a rebate on or before May 31 of each year,
the Tax Commission shall reduce the amount of the rebate in the
application by ten percent (10%). No rebates shall be paid until
after July 1 of each year.
C. The Oklahoma Tax Commission may promulgate rules as
necessary to effectuate the provisions of this act.
Added by Laws 2002, c. 31, § 2, emerg. eff. April 10, 2002. Amended
by Laws 2007, c. 155, § 16, eff. Nov. 1, 2007.
Frequently Asked Questions About Oklahoma § 68-6101
What does Oklahoma Statutes § 68-6101 cover?
Section 68-6101 ("Assessments - Rebates") 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 § 68-6101?
A common citation format is "Oklahoma Statutes § 68-6101" (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 § 68-6101 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.