Oklahoma § 72-63.19 - Donation from tax refund to Oklahoma Department of

§ 72-63.19. Donation from tax refund to Oklahoma Department of

Veterans Affairs Equipment and Capital Improvement Program Disposition of donated funds - Erroneous donation, claim for refund.

A. The Oklahoma Tax Commission shall include on each state

individual income tax return form for tax years beginning after

December 31, 2001, and each state corporate tax return form for tax

years beginning after December 31, 2001, an opportunity for the

taxpayer to donate from a tax refund for the benefit of the Oklahoma

Department of Veterans Affairs Equipment and Capital Improvement

Program.

B. The monies generated from donations made pursuant to

subsection A of this section shall be used by the Oklahoma

Department of Veterans Affairs to purchase equipment and develop

capital improvement projects and to acquire properties for expanding

or improving existing projects, or for future projects to include

site acquisition, architectural plan development and construction.

C. 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 and placed to the credit of the Capital

Improvement Program Revolving Fund.

D. There is hereby created in the State Treasury a revolving

fund for the Oklahoma Department of Veterans Affairs to be

designated "Capital Improvement Program Revolving Fund". The fund

shall be a continuing fund not subject to fiscal year limitations

and shall consist of all monies received pursuant to the provisions

of this section. The Oklahoma Department of Veterans Affairs is

hereby authorized to invest all or part of the monies of the fund in

securities and any interest or dividends accruing from the

investments and any monies generated at the time of redemption of

the investments shall be deposited in the Capital Improvement

Program Revolving Fund. All monies accruing to the credit of the

fund are hereby appropriated and may be budgeted and expended by the

Oklahoma Department of Veterans Affairs for the purposes stated in

subsection B of this section. Any monies withdrawn from the fund by

the Oklahoma Department of Veterans Affairs for investment pursuant

to this section shall be deemed to be for the purpose of equipment

purchases or enhancing the veterans capital improvement programs of

the State of Oklahoma. 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.

Oklahoma Statutes - Title 72. Soldiers and Sailors

E. If a taxpayer makes a donation pursuant to subsection A of

this section in error, the 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 Title 68 of the Oklahoma Statutes and, if allowed, shall be

paid pursuant to the provisions of said section. Prior to the

apportionment set forth in subsection C of this section, an amount

equal to the total amount of refunds made pursuant to this

subsection during any one (1) year shall be deducted during the

following year, and the amount deducted shall be paid to the State

Treasurer and placed to the credit of the Income Tax Withholding

Refund Account.

Added by Laws 1994, c. 278, § 37, eff. Sept. 1, 1994. Amended by

Laws 2001, c. 358, § 29, eff. July 1, 2001; Laws 2012, c. 304, §

648.