Oklahoma Code § 68-50001

Title 68. Revenue And Taxation: Tax on fire insurance gross premiums - Fire Marshal Fund
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- Salaries of employees of State Fire Marshal.
A.  There is hereby levied upon percentages of fire insurance
gross premiums from a sum of the following lines of insurance:
fire, allied, homeowners multiperil, commercial multiperil, growing
crops, ocean marine, inland marine, auto physical damage (including
collision), and aircraft physical damage, less returns and dividends
to policyholders, which is issued in this state by companies doing
business in this state a tax of five-sixteenths of one percent (5/16
of 1%).  The percentages of fire insurance gross premiums to be
considered for taxation shall be determined annually by the
Commissioner.  This tax shall be collected annually, by the last day
of February, from companies collecting such premiums and shall be
collected by the Insurance Commissioner as other taxes on insurance
are collected.  The Insurance Commissioner shall keep a separate
account of all such monies received and shall pay the same to the
State Treasurer.
B.  There is hereby created in the State Treasury a fund for the
Fire Marshal Commission and the State Fire Marshal to be designated
the "Fire Marshal Fund".  The fund shall consist of all monies
collected pursuant to the provisions of this section and shall be
used in the performance of duties imposed by law upon the Fire
Marshal Commission and the Office of the State Fire Marshal.
Expenditures from the Fire Marshal 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.  Beginning July 1, 1982, all
expenditures from the Fire Marshal Fund shall be made pursuant only
to legislative appropriation.
C.  All monies annually collected pursuant to the provisions of
this section shall be apportioned as follows:
1.  For the fiscal year beginning July 1, 2017, the first One
Million Six Hundred Thousand Dollars ($1,600,000.00) shall be
deposited in the State Fire Marshal Revolving Fund as defined in
Section 324.20b of Title 74 of the Oklahoma Statutes; provided, that
ten percent (10%) of the first One Million Six Hundred Thousand

Dollars ($1,600,000.00) shall be paid into the General Revenue Fund
of this state;
2.  For the fiscal year beginning July 1, 2018, and for every
subsequent fiscal year thereafter, the first Two Million Dollars
($2,000,000.00) shall be deposited in the Fire Marshal Fund;
provided, that ten percent (10%) of the first Two Million Dollars
($2,000,000.00) shall be paid into the General Revenue Fund of this
state; and
3.  Any remaining monies not apportioned pursuant to paragraphs
1 and 2 of this subsection shall be deposited into the General
Revenue Fund of this state.
D.  Employees of the Office of State Fire Marshal, other than
the State Fire Marshal, shall have salaries commensurate with those
fixed by the Merit System of Personnel Administration.  All salaries
shall be payable monthly from funds available to the State Fire
Marshal.  The State Fire Marshal, subject to confirmation by the
Fire Marshal Commission, shall appoint and fix the salaries of such
employees as are necessary to fulfill the duties of his office.
Added by Laws 1941, p. 334, § 1, emerg. eff. May 16, 1941.  Amended
by Laws 1965, c. 291, § 1, emerg. eff. June 24, 1965; Laws 1967, c.
40, § 1, emerg. eff. March 24, 1967, Laws 1970, c. 103, § 1, emerg.
eff. March 30, 1970; Laws 1973, c. 42, § 1, emerg. eff. April 25,
1973; Laws 1974, c. 113, § 1, emerg, eff., May 1, 1974; Laws 1976,
c. 115, § 1, emerg. eff. May 14, 1976; Laws 1977, c. 34, § 1, emerg.
eff. May 14, 1976; Laws 1977, c. 34, § 1, emerg. eff. May 6, 1977;
Laws 1978, c. 163, § 1, emerg. eff. April 7, 1978; Laws 1979, c.
290, § 1, emerg. eff. May 25, 1979; Laws 1980, c. 88, § 1, emerg.
eff. April 10, 1980; Laws 1981, c. 239, § 1, emerg. eff. June 22,
1981; Laws 1982, c. 216, § 4, emerg. eff. April 29, 1982; Laws 1983,
c. 202, § 4, operative July 1, 1983; Laws 1987, c. 175, § 34, eff.
Nov. 1, 1987; Laws 2012, c. 304, § 569; Laws 2017, c. 232, § 1, eff.
July 1, 2017.

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