SECTION 730:40-1-10. Income

Latest version.

All income to the State Rail Program, including but not limited to the revenues generated by the Oklahoma Rail Freight Car Tax under provisions of 68 O.S. 1981, Section 2201 et seq., federal fund reimbursements, federal grants, contributions by any state or agency thereof, private donations and the proceeds from any use or sale of state-owned rail properties, shall be deposited in the Oklahoma Railroad Maintenance Revolving Fund and shall be expended only for the purposes permitted by the Act and this Chapter.

                    
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