SECTION 422:1-1-4. Funding

Latest version.

(a)   The activities of the Commission are funded through a one-half cent ($0.005) per gallon assessment on the first sale of odorized LP gas or at the time of import of odorized LP gas into the State of Oklahoma. The assessment is voluntary inasmuch as any party subject to the assessment may apply for a Refund for the amount of the assessment paid by or on behalf of such person during the preceding calendar year.
(b)   The Commission may expend Revolving Fund revenues as provided by law.
(c)   Expenditures against claims filed as prescribed by law with the Director of Finance for approval and payment.

[Source: Added at 14 Ok Reg 3183, eff 7-25-97; Amended at 25 Ok Reg 2508, eff 7-11-08]

                    
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