Oklahoma § 74-166.9 - Donations of tax refunds to School for the Blind/School

§ 74-166.9. Donations of tax refunds to School for the Blind/School

for the Deaf – Revolving fund.

A. Each state individual income tax return form and each

corporate income tax return form for tax years commencing after

December 31, 2001, shall contain a designation for donations of tax

refunds to the Oklahoma School for the Blind/Oklahoma School for the

Deaf.

B. The monies generated pursuant to subsection A of this

section shall be paid to the State Treasurer by the Oklahoma Tax

Commission and placed to the credit of the Oklahoma School for the

Deaf/Oklahoma School for the Blind Revolving Fund.

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

fund for the State Department of Rehabilitation Services to be

designated the "Oklahoma School for the Deaf/Oklahoma School for the

Blind Revolving Fund". The fund shall be a continuing fund, not

subject to fiscal year limitations, and shall consist of all monies

apportioned to the fund pursuant to the provisions of this section.

All monies accruing to the credit of the fund are hereby

appropriated and may be budgeted and expended by the State

Department of Rehabilitation Services for the purpose of funding

programs at the Oklahoma School for the Deaf and the Oklahoma School

for the Blind. Such monies shall be equally divided between the two

designated schools. 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.

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

this section in error, such taxpayer may file a claim for refund at

any time within three (3) years from the due date of the tax return

pursuant to Section 2373 of Title 68 of the Oklahoma Statutes.

Prior to the apportionment set forth in this section, an amount

equal to the total amount of refunds made pursuant to this

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

donations received pursuant to this section during the following

year and such amount deducted shall be paid to the State Treasurer

and placed to the credit of the Income Tax Withholding Refund

Account.

Added by Laws 2001, c. 329, § 11, emerg. eff. June 1, 2001. Amended

by Laws 2012, c. 304, § 840.

NOTE: Editorially renumbered from § 166.8 of this title to avoid

duplication in numbering.