Oklahoma Code § 70-2627

Title 70. Schools: Donation of income tax refund for scholarships
Open in Lexace · Ask the AI about this section
A.  The Oklahoma Tax Commission shall include on each state
individual income tax return form for tax years beginning after
December 31, 2002, and each state corporate tax return form for tax
years beginning after December 31, 2002, an opportunity for the
taxpayer to donate from a tax refund for the benefit of scholarships
pursuant to the Tulsa Reconciliation Education and Scholarship Trust
Fund.
B.  The monies generated from donations made pursuant to
subsection A of this section shall be used by the board of trustees
of the Trust Fund for purposes set forth by the Tulsa Reconciliation
Education and Scholarship Act.
C.  All monies generated pursuant to the provisions of
subsection A of this section shall be paid to the State Treasurer
and placed to the credit of the Tulsa Reconciliation Education and
Scholarship Trust Fund.

‹ Prev All Oklahoma sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.