A. On January 1 of each calendar year or the first business day thereafter, the Deputy Treasurer for Debt Management shall determine the maximum total volume of private activity bonds that may be issued pursuant to federal law by the state during that year.
B. On or before February 15 of each calendar year, the Deputy Treasurer for Debt Management shall cause to be published in The Oklahoma Register, or any successor publication, a notice specifying the amount of the state ceiling for the calendar year.
C. Allocations from the pools set forth in Section 695.24 of this title will be processed on the basis of the chronological order of receipt of completed applications for state ceiling allocation unless otherwise provided in said section, and on the basis of the information and provisions set forth in subsections D, E, F, G and H of this section. Allocations from the Consolidated Pool will be processed on the basis of the system set out in subsection M of Section 695.24 of this title and on the basis of information and provisions set forth in subsections D, E, F, G and H of this section.
D. An issuer which proposes to issue private activity bonds for a specific project or purpose shall make application for an allocation of a portion of the state ceiling for the particular project or purpose by submitting to the Deputy Treasurer for Debt Management an application for state ceiling allocation together with copies of the following:
1. A certified copy of the resolution or other action adopted by the issuer for the purpose of taking "official action" as required by the Treasury Regulations relating to Section 103 of the Internal Revenue Code, if the issuer of private activity bonds for which the allocation is requested requires "official action" under applicable Treasury Regulations and the Internal Revenue Code; and
2. A final resolution of the beneficiary of the issuer evidencing its approval of the issuance of the issuer's obligations, if the issuer is a municipal or county public trust, or a certificate signed by the Governor of the state evidencing his approval of the issuance of the issuer's obligations, to the extent required under the Internal Revenue Code, if the issuer is a public trust having the state as its beneficiary.
E. The application for state ceiling allocation shall contain the following information:
1. The name and mailing address of the issuer, the beneficiary and jurisdiction thereof, the name of the presiding officer of the issuer and the respective pool from which an allocation is requested;
2. The name and mailing address or other definitive description of the location of the project or bonds and the purpose for which an allocation of the state ceiling is requested, the name and mailing address of both the initial owner or operator of the project, where applicable, and an appropriate person from whom information regarding the project or bonds can be obtained, and the name and address of the person to whom the confirmation should be sent;
3. The amount of the state ceiling which the Issuer is requesting;
4. A statement of bond counsel for the issuer that the proposed issue requires, pursuant to Section 103, Section 146 or such other applicable sections of the Internal Revenue Code, an allocation of a portion of the state ceiling; and
5. Where applicable, the intention to exchange single-family mortgage bond authority for mortgage credit certificates.
F. 1. Applications for single-family mortgage bonds or mortgage credit certificate programs shall also include the submission of information demonstrating a reasonable expectation to use an allocation of the state ceiling for its intended purpose. This information shall include historical usage of mortgage revenue bond proceeds or mortgage credit certificates in the geographic area subject to an application over the previous twenty-four-month period and the impact of known or possible competing programs that would act to reduce demand. This information may also include demand surveys. Provided, in cases where historical usage cannot be documented, demand surveys shall be included with an application.
2. Applications for qualified student loan bonds shall also include the submission of information showing a reasonable expectation to use the state ceiling for its intended purpose. This information shall include historical lending activity over the previous twenty-four-month period as well as a demonstration of need based upon such factors as increased enrollment costs, enrollment increases, or new federal regulations that act to increase demand by making changes to eligibility requirements to certain federally guaranteed or subsidized student loan programs. This information may also include demand surveys. Provided, in cases where historical usage cannot be documented, demand surveys shall be included with an application.
3. Applications shall also include evidence of a structure to deliver the financing derived from single-family mortgage bond proceeds or mortgage credit certificates or from qualified student loan bond proceeds to ultimate users, particularly the extent of lender participation in the case of mortgage revenue bonds or mortgage credit certificate programs.
G. 1. Upon receipt of the completed application for state ceiling allocation, copies of the official action and final resolutions or certificates as required by subsection D of this section and the information required by subsections E and F of this section and assuming availability of the sum requested and compliance with the Oklahoma Private Activity Bond Allocation Act, the Deputy Treasurer for Debt Management shall send, within five (5) business days of the receipt thereof, a confirmation of the allocation of the state ceiling for the subject project or purpose to the person designated in the application for state ceiling allocation. Provided, the Deputy Treasurer for Debt Management may reject an application or deny a confirmation pursuant to the provisions of this subsection.
2. The Deputy Treasurer for Debt Management may reject any application which is incomplete or filed with insufficient information. The Deputy Treasurer for Debt Management may reject any application where, in the Deputy Treasurer for Debt Management judgment, a reasonable likelihood has not been shown that single-family mortgage and student loan bond proceeds or mortgage credit certificates will be used for their intended public purposes. In the event an application or confirmation is denied, within five (5) business days following such denial, the Deputy Treasurer for Debt Management shall send the applicant written notice of the denial of an application or confirmation together with the reason or reasons therefor. In the case of disapprovals of applications or confirmations, an applicant may appeal the disapproval by submitting a new application to the Council of Bond Oversight, along with an explanation addressing the reasons for disapproval cited in the Deputy Treasurer for Debt Management letter. The Council of Bond Oversight, through affirmative action of the Council, may accept an application rejected by the Deputy Treasurer for Debt Management, or order the Deputy Treasurer for Debt Management to issue a confirmation of allocation, subject to provisions of the Oklahoma Private Activity Bond Allocation Act. Applicants may submit only one new application based on an appeal of any specific application previously submitted.
3. Only complete applications, as determined by the Deputy Treasurer for Debt Management, shall be used to establish the chronological order of applications. In the case of a new application submitted based on an appeal, chronological order shall be established at the time the new application is submitted.
H. An original confirmation shall cease to be effective to assure allocation of any portion of the state ceiling unless the bonds, notes, other evidences of indebtedness, or the appropriate election filed with the Internal Revenue Service exchanging mortgage bond authority for mortgage credit certificate authority have been issued or filed within one hundred twenty (120) days after the date of such confirmation. No extensions shall be granted. Such issuance shall be evidenced by the mailing, transmittal or delivery of a final certification to the Deputy Treasurer for Debt Management within the time specified by this subsection. Receipt by an issuer of a confirmation as contemplated by this section shall entitle the issuer to rely conclusively upon the accuracy of the Deputy Treasurer for Debt Management's mathematical calculation and the allocation for purposes of closing.
I. The confirmation given in advance of bond issuance or mortgage credit certificate election will assure allocation for only the amount of such bonds or mortgage credit certificate authority as is therein set forth, unless a supplementary application for state ceiling allocation for an increase in amount is filed with and a supplementary confirmation is issued by the Deputy Treasurer for Debt Management for such requested allocation prior to such bond issuance or such election, pursuant to the Oklahoma Private Activity Bond Allocation Act. The supplementary confirmation shall be effective for the same period as the prior confirmation which it supplements. Provided, however, no supplementary confirmation shall be effective to preempt any intervening confirmation as to allocation of a portion of the state ceiling.
J. Notwithstanding the provisions of this section, all confirmation dates for an issue of private activity bonds or mortgage credit certificate programs expire on December 20 of each calendar year. Final certification of issuance shall be delivered to the Deputy Treasurer for Debt Management by 9:00 a.m. on December 20 of each calendar year.
K. On or after 9:00 a.m. on December 20 of each calendar year, issuing authorities may apply to the Deputy Treasurer for Debt Management to carry forward a portion of the state ceiling for such calendar year allocated to any qualified carryforward project, as said term is used in Section 103(n)(10) and 146(f) of the Internal Revenue Code and which shall be evidenced by the issuance of confirmations for all carryforward projects within the limitations of the state ceiling. Provided, issuers or projects with more than Twenty Million Dollars ($20,000,000.00) of carryforward outstanding as of the date of the application for carryforward shall only be eligible for carryforward allocations to the extent other issuers with less than Twenty Million Dollars ($20,000,000.00) of outstanding carryforward authority do not fully commit the state ceiling. Allocations on carryforward projects shall be processed on the basis of the chronological receipt of applications. No portion of the state ceiling carried forward for any given year may be carried forward for a period in excess of three (3) calendar years following the calendar year in which the carryforward arose, except as otherwise permitted under federal law.
L. The Deputy Treasurer for Debt Management shall maintain continuous and cumulative records which shall include a list and cumulative dollar total of the private activity bonds for which:
1. Private activity bonds have been issued or state ceiling exchanged for mortgage credit certificate authority and final certifications have been received by the Deputy Treasurer for Debt Management;
2. Confirmations of carryforward have been issued; and
3. Confirmations in effect and outstanding for which no private activity bonds or mortgage credit certificate elections have been issued or filed.
The Deputy Treasurer for Debt Management shall keep continuous and cumulative records and totals for each of the categories specified in paragraphs 1, 2 and 3 of this subsection as well as the aggregate total of all categories. The Deputy Treasurer for Debt Management shall not give further confirmations at such time as the aggregate amount of bonds, other indebtedness, carryforward or mortgage credit certificate elections specified by paragraphs 1, 2 and 3 of this subsection equals the state ceiling authorized for the applicable year. The Deputy Treasurer for Debt Management shall not award a confirmation if such award would cause indebtedness, carryforward or elections as specified by paragraphs 1, 2 and 3 of this subsection to exceed the state ceiling. Confirmation records shall be compiled and furnished to any local issuer and state issuer upon written request and payment of a fee of Fifteen Dollars ($15.00) which shall be apportioned to the General Revenue Fund. Upon issuance of a confirmation, the amounts of the proposed bond issue, mortgage credit certificate election and carryforward confirmation shall be included in the continuing, mathematical calculation, until the same shall have been terminated in accordance with this section.
M. The person signing any confirmation for any allocations granted pursuant to the Oklahoma Private Activity Bond Allocation Act shall certify under penalty of perjury that such allocation was not made in consideration of any bribe, gift, gratuity or direct or indirect contribution to any political campaign.
N. A state or local issuer, who intentionally overissues mortgage credit certificates or bonds, shall be prohibited from making application for an allocation of the state ceiling for any purpose for a period of three (3) years following discovery of such over issuance.
Added by Laws 1990, c. 326, § 5, emerg. eff. May 30, 1990. Amended by Laws 1993, c. 233, § 7, eff. July 1, 1993; Laws 1998, c. 400, § 5, eff. Jan. 1, 1999; Laws 2000, c. 351, § 11, emerg. eff. June 6, 2000; Laws 2004, c. 380, § 3, eff. Jan. 1, 2005; Laws 2019, c. 53, § 10, eff. Nov. 1, 2019.
Structure Oklahoma Statutes
§62-13. Duties of Bond Commissioner - Certificate - Bonds incontestable after 30 days.
§62-14. Bond invalid without certificate.
§62-15. Issuance and sale of general obligation bonds – Procedures - Fees.
§62-34.3. Office of Management and Enterprise Services.
§62-34.3.1. Consolidated agencies.
§62-34.4. Revolving Fund for Office of Management and Enterprise Services.
§62-34.5. Director of the Office of Management and Enterprise Services - Appointment.
§62-34.6. General powers and duties of Director.
§62-34.7. Experts and assistants of Director.
§62-34.8. Public Information Officer subject to provisions of Merit System.
§62-34.9. Classification of funds - Manner of keeping fund accounts.
§62-34.10. Annual financial report - Accounting procedures and guidelines.
§62-34.11. Duties and functions of Division of Central Accounting and Reporting.
§62-34.11.1.1. Performance metrics – Data sets.
§62-34.11.1. Chief Information Officer.
§62-34.11.2. Oklahoma State Government 2.0 Initiative - Policies, schedules and standards.
§62-34.11.3. Oklahoma State Government Open Documents Initiative.
§62-34.11.4. Oklahoma State Government Forms One-Stop Initiative.
§62-34.11.5. Oklahoma State Government Geographic Information One-Stop Initiative.
§62-34.11.7. Statewide assistance program - Performance reporting metrics – Telework pilot program.
§62-34.11.8. Oklahoma State Government IT Project Monitoring and Transparency Initiative.
§62-34.11.9. Oklahoma State Government Business Licensing One-Stop Program.
§62-34.11.10. Oklahoma State Government Security Breach Transparency Initiative.
§62-34.12. Information Services Division - Powers and duties.
§62-34.12.1. High technology systems and upgrades and enhancements.
§62-34.13. Statement of charges.
§62-34.22. Telecommunications Revolving Fund.
§62-34.23. Oklahoma Government Telecommunications Network.
§62-34.24. State portal system.
§62-34.24.1. Web-based license and permit application and renewals required - Report.
§62-34.26. Open-systems concept.
§62-34.27. State Governmental Technology Applications Review Board.
§62-34.31.1. Software acquisition requests.
§62-34.31.2. State technology contracts.
§62-34.34. Preparation of budget by Director of Office of Management and Enterprise Services.
§62-34.35. Information furnished to the Director of Office of Management and Enterprise Services.
§62-34.36. Estimate of funds needed
§62-34.36.1. Written report required.
§62-34.37. Submission of budget - Plan of expenditures - Proposed revenues.
§62-34.38. Form of budget - Budget message - Budget estimates.
§62-34.39. Appropriations to state agency - Reduction.
§62-34.40. Segregation of lump sum appropriations.
§62-34.41. Availability of appropriations - Conditioned on budget resources being sufficient.
§62-34.42. Budget work programs.
§62-34.42.1. Annual disclosure of all federal funds under control of the entity.
§62-34.43. Itemization of data processing expenses - Budgeting and disbursement.
§62-34.44. Budget in year in which Governor-elect assumes office.
§62-34.45. Governor-elect and Lieutenant Governor-elect - Expenses prior to assuming office.
§62-34.48. Federal funds - Deposit and disbursement.
§62-34.49. Allotment of appropriations - Exemption of Legislature.
§62-34.50. Revenues not derived from legislative appropriations.
§62-34.52. Requests for budget category transfer.
§62-34.53. State System of Higher Education and institutions of higher education.
§62-34.54. General Revenue Cash-flow Reserve Fund - Transfer of funds.
§62-34.55. Transfer of treasury funds to General Revenue Cash-flow Reserve Fund.
§62-34.56. Special Agency Account Board.
§62-34.57. Agency clearing accounts - Deposits - Transfers - Exemptions.
§62-34.58. Information on income, disbursements and transfers.
§62-34.59. Withdrawals from agency clearing accounts and special accounts.
§62-34.60. Form and manner of issuing vouchers - Waiver.
§62-34.61. Commitment or expenditure of federal block grant funds - Preconditions.
§62-34.62. Encumbrance requirements for payment of state funds.
§62-34.64. Payment of claims or payrolls.
§62-34.65. Payment of vendor invoices.
§62-34.67. Claims and payrolls.
§62-34.68. Approval of claims and payrolls.
§62-34.69. Payroll Fund – Web-based access to employment and compensation information.
§62-34.70. Voluntary payroll deductions.
§62-34.70.1. Unlawful payroll deductions for membership dues - Definitions.
§62-34.71. Procedure to issue payment for goods and services.
§62-34.72. Procedure for payment of interest.
§62-34.74. Grievance - Remedy.
§62-34.78. Higher educational institution claim settlement systems.
§62-34.79. Transportation preaudit and settlement system for claims and payments.
§62-34.81. Replacement warrant or bond - Affidavit - Records.
§62-34.83. Nonpayable warrants – Notice – Claim custody and records.
§62-34.84. Deficiency certificates.
§62-34.85. Interest on warrants issued under deficiency certificates.
§62-34.87. Transfer of funds to Higher Learning Access Trust Fund.
§62-34.89. Education Reform Revolving Fund.
§62-34.90. Common Education Technology Revolving Fund.
§62-34.91. Higher Education Capital Revolving Fund.
§62-34.92. Oklahoma Student Aid Revolving Fund.
§62-34.96. Legislative Oversight Committee on State Budget Performance.
§62-34.100. Disclosure of disbursement of federal stimulus funds.
§62-34.102. Revenue Stabilization Fund.
§62-34.103. Revenue certification and apportionment by the State Board of Equalization.
§62-34.104. Revenue Stabilization Fund performance report.
§62-34.200-1. Debt affordability study.
§62-34.202. Policy changes – Thirty days written notice – Final notice.
§62-34.203. Request for proposal for ongoing maintenance of desktop support and management systems.
§62-34.501. Allocation of federal Coronavirus Aid, Relief, and Economic Security Act (CARES) funds.
§62-35.1. Information Technology Consolidation and Coordination Act.
§62-35.4. Information technology assets - Approval of Chief Information Officer.
§62-35.5. Integral information technology assets - Information technology positions - Assessment.
§62-35.6. Required information technology services and programs.
§62-35.6.1. Criminal Justice Information Systems Center for Excellence.
§62-35.6.2. Land Mobile Radio Public Safety Interoperability Cooperative
§62-35.7. Exemptions and extensions.
§62-35.9. Quarterly progress reports.
§62-36. Digital Transformation Program Revolving Fund.
§62-42.13. Revenues not derived from legislative appropriations.
§62-45.1. Short title – Duties of all state agencies.
§62-45.3. Agency strategic plan – Elements required – “Capital improvement” defined.
§62-45.7. Long-range strategic state plan.
§62-45.10. Agency performance reporting mechanisms - Development - Procedure.
§62-45.11. Program management and performance report.
§62-46. Short title – Definitions – Development and operation of website.
§62-46.1. Transfer of surplus funds accruing to General Revenue Fund to certain funds.
§62-46.2. Oklahoma Dynamic Economy and Budget Security Fund.
§62-46.3. Transfer of surplus funds accruing to General Revenue Fund for 2007.
§62-46.5. State Revenue Apportionment Evaluation Commission.
§62-46A. Measurable goal requirement.
§62-47. Creation of trust fund - Board of Investors abolished.
§62-48. Oklahoma Opportunity Fund.
§62-48.1. Legislative findings.
§62-48.2. See the following versions:
§62-48.2v1. Oklahoma Quick Action Closing Fund.
§62-48.2v2. Oklahoma Quick Action Closing Fund.
§62-49. Multi-year trend analysis of budget outlook
§62-50. Tobacco Settlement Fund - Monies.
§62-56. Creation and designation of fund - Deposits.
§62-57.2. Agency of state - Intent and purpose of act.
§62-57.3. Authority to issue and sell bonds - Pledges and covenants - Sinking fund.
§62-57.5. Sale of bonds to State Treasurer and Commissioners of Land Office.
§62-57.6. Sale of bonds not sold to State Treasurer or Commissioners of Land Office.
§62-57.8. Investments in bonds - Collateral security.
§62-57.9. Attorney General's certificate of regularity - Signatures and seals - Registration.
§62-57.10. Delivery of bonds - Deposit and investment of proceeds.
§62-57.12. Judicial approval of bonds.
§62-57.13. Intent as to use of existing resources.
§62-57.15. Intent and purpose.
§62-57.16. Building Bonds Commission as agency - Indebtedness - Purposes and limitation.
§62-57.17. Issuance and sale of bonds - Pledges and covenants - Sinking fund.
§62-57.18. Form and terms - Call and redemption - Negotiability - Tax exempt.
§62-57.19. Sales to State Treasurer and Commissioners of Land Office.
§62-57.20. Sales to others than Treasurer or Commissioners.
§62-57.22. Investment - Approval as collateral security.
§62-57.23. Attorney General's certificate - Registration - Signatures and seals.
§62-57.24. Delivery of bonds upon payment - Deposit and investment of proceeds.
§62-57.26. Approval of bonds by Supreme Court.
§62-57.27. Intent as to resources of state.
§62-57.31. Intent and purpose.
§62-57.32. Building Bonds Commission - Indebtedness - Purposes.
§62-57.33. Issuance and sale of bonds - Pledges - Sinking fund.
§62-57.34. Form and terms - Call and redemption - Negotiability - Tax exemption.
§62-57.35. Advertisement and sale of bonds.
§62-57.37. Investment - Approval as collateral security.
§62-57.38. Certificate of Attorney General - Signatures and seals.
§62-57.39. Delivery of bonds upon payment - Deposit and investment of proceeds - Interest.
§62-57.40. Investment of sinking fund monies.
§62-57.42. Approval of bonds by Supreme Court.
§62-57.43. Attorney General as representative of Commission.
§62-57.51. Intent and purpose.
§62-57.52. Building Bonds Commission as agency - Indebtedness - Purposes.
§62-57.53. Issuance and sale of bonds - Pledges and covenants - Sinking fund.
§62-57.54. Form and terms - Call and redemption - Negotiability - Tax exemption.
§62-57.55. Sale of bonds to State Treasurer.
§62-57.56. Certificate of Attorney General - Signatures and seals.
§62-57.57. Delivery of bonds upon payment - Deposit and investment of proceeds - Interest.
§62-57.58. Investment of sinking fund monies.
§62-57.59. Approval of bonds by Supreme Court.
§62-57.60. Attorney General as representative of Commission.
§62-57.62. Building Bonds Commission as agency - Indebtedness - Purposes.
§62-57.63. Issuance and sale of bonds - Pledges - Sinking fund.
§62-57.64. Form and terms - Call and redemption - Negotiability - Tax exemption.
§62-57.65. Advertisement and sale of bonds.
§62-57.67. Investment - Approval as collateral security.
§62-57.68. Certificate of Attorney General - Signatures and seals.
§62-57.69. Delivery of bonds upon payment - Deposit and investment of proceeds - Interest.
§62-57.70. Investment of sinking fund monies.
§62-57.72. Approval of bonds by Supreme Court.
§62-57.73. Attorney General as representative of Commission.
§62-57.75. Building Bonds of 1950 - Cancellation of interest.
§62-57.76. Building Bonds of 1955 - Cancellation of interest.
§62-57.77. Building Bonds of 1965 - Cancellation of interest.
§62-57.78. Reserve fund of 1965 - Cancellation.
§62-57.82. Agency for issue and sale - Institutional bonds of 1965.
§62-57.84. Serial coupon bonds - Maturities - Interest payment dates - Call.
§62-57.85. Advertisement for bids - Interest - Deposit.
§62-57.89. Delivery - Deposit of proceeds - Investment of surplus.
§62-57.90. Investment of sinking fund.
§62-57.91. Judicial approval of series.
§62-57.102. Agency for issue and sale.
§62-57.104. Serial coupon bonds - Maturities - Interest payment dates - Call and redemption.
§62-57.105. Advertisement for bids - Interest - Deposit.
§62-57.107. Legal investments.
§62-57.109. Delivery - Deposit of proceeds - Investment of surplus.
§62-57.110. Investment of sinking fund.
§62-57.111. Judicial approval of Series D Bonds.
§62-57.112. Attorney General to represent Commission.
§62-57.122. Building Bonds Commission as agency - Indebtedness - Purposes.
§62-57.123. Issuance and sale of bonds - Series.
§62-57.124. Pledge of cigarette tax.
§62-57.126. Deposits for payment of principal.
§62-57.127. Pledges and covenants.
§62-57.129. Advertisement and sale of bonds.
§62-57.131. Investment - Approval as collateral security.
§62-57.132. Certificate of Attorney General - Signatures and seals.
§62-57.133. Delivery of bonds upon payment - Deposit and investment of proceeds - Interest.
§62-57.134. Investment of sinking fund monies.
§62-57.135. Approval of bonds by Supreme Court.
§62-57.151. Sale and issuance of bonds authorized - Amount.
§62-57.152. Schedule for payments into sinking fund.
§62-57.153. Schedule of repayment - Interest.
§62-57.155. Deposit of proceeds - Investment.
§62-57.161. Sale and issuance of bonds authorized - Amount.
§62-57.162. Schedule for payments into Sinking Fund.
§62-57.163. Schedule of repayment - Interest.
§62-57.165. Deposit of proceeds - Investment.
§62-57.171. Sale and issuance of bonds authorized - Amount.
§62-57.172. Schedule for payments into sinking fund.
§62-57.173. Schedule of repayment - Interest.
§62-57.175. Deposit of proceeds - Investment.
§62-57.176. Attorney General to handle legal work.
§62-57.181. Sale and issuance of bonds authorized - Amount.
§62-57.182. Schedule for payments into Sinking Fund.
§62-57.183. Schedule of repayment - Interest.
§62-57.185. Deposit of proceeds - Investment.
§62-57.189. Contracts - Supervision of expenditures.
§62-57.190. Federal aid and assistance.
§62-57.191. Attorney General to handle legal work.
§62-57.301. Intent and purpose.
§62-57.306. Oklahoma Building Bonds of 1992 Fund - Investment of funds.
§62-57.307. Procedures and requirements for advertisement and sale of bonds.
§62-57.308. Maximizing college savings bond program.
§62-57.310. Investment in bonds issued under act - Use as collateral security.
§62-57.312. Investment of sinking fund monies - Deposit of earnings.
§62-57.313. Filing application with Supreme Court for determination on bonds.
§62-57.316. Refinancing and restructuring of outstanding obligations - Pledge of tax revenue.
§62-71.1. Cash Management and Investment Oversight Commission.
§62-71.2. State Treasurer purchasing authorization - Exemption.
§62-72.3. Necessity of security - Exemptions.
§62-72.4. Deposit of collateral securities or instruments.
§62-72.4a. Public trusts - Restrictions on deposits - Exceptions.
§62-72.5. Securities eligible for securing public deposits.
§62-72.6. Default or insolvency of public depository.
§62-72.7. Liability of State Treasurer on default or insolvency of public depository.
§62-80. Actions to enforce provisions of act.
§62-81. Penalty for violation.
§62-82. Commissioner of Highways, interest on funds to credit of.
§62-85. Obligations of bank not impaired.
§62-88.1B. Investment of linked deposit program monies.
§62-88.4. Administration and implementation of program - Annual report.
§62-88.6. Funding of approved loans.
§62-88.7. Liability of state and State Treasurer on loans - Default in payment of loan.
§62-88.9. Collateralizing funds.
§62-89.1a. Investment with state financial institutions at less than competitive market rate.
§62-89.2. Investment of funds by State Treasurer.
§62-89.4. Public inspection of records.
§62-89.5. State Treasurer's Revolving Fund - Employees; duties and compensation.
§62-89.7. Investment performance reports.
§62-89.11. Recording and auditing of transactions.
§62-90. Securities lending program - Securities Lending and Custodial Fee Revolving Fund.
§62-90.3. Rural Economic Development Loan Program.
§62-90.5. Conditions for making loans - Review of applications - Certification of good standing.
§62-90.8. Rural Economic Development Loan Revolving Fund.
§62-90.9. Employment created not to be counted in determination of gross payroll.
§62-91.4. Dissemination of information about program.
§62-91.5. Administrator and certifying agency – Powers and duties.
§62-91.7. Acceptance or rejection of loan package – Rural housing linked deposit agreements.
§62-91.8. Funding of loans – Reduced interest rate.
§62-91.9. Liability of state and certifying agency for loan payments.
§62-111. Registered bonds issued on surrender of coupon bonds.
§62-112. Forms, terms and conditions of bonds issued.
§62-114. Register of bonds - Interest.
§62-115. Issuance of bonds - Attorney General's duties.
§62-120.2. Deposit of cash proceeds in revolving fund.
§62-120.3. Advertisement and bids.
§62-139.42. The State Emergency Fund.
§62-139.45. Expenditures for unforeseen emergencies.
§62-139.47. Specified emergencies - Expenditures without Board action.
§62-139.48. Other emergencies - Expenditures.
§62-139.49. Approval of Governor.
§62-155. State boards, commissions and departments - Revolving funds created.
§62-156. Education Television Authority Revolving Fund.
§62-157. Will Rogers Memorial Revolving Fund
§62-157.1. Deposit of monies accruing from rule of Will Rogers Papers
§62-158. Teachers' Retirement System Revolving Fund.
§62-159. State Election Board Revolving Fund.
§62-159.1. State Senate Revolving Fund.
§62-159.2. House of Representatives Revolving Fund.
§62-160.1. Comprehensive Cancer Center Debt Service Revolving Fund.
§62-160.2. Oklahoma State University College of Osteopathic Medicine Revolving Fund.
§62-161. Revolving funds created.
§62-165. Educational and eleemosynary institutions.
§62-173. Appropriations not part of revolving fund unless so provided.
§62-178. Composition of fund - Appropriations and incomes.
§62-179. Use of fund - Consent of Governor.
§62-182. Appropriation to be placed in fund.
§62-183. Purposes for which fund expended.
§62-186. School for blind - Revolving fund created.
§62-189. Purposes for which fund expended.
§62-193. Ad Valorem Reimbursement Fund - Claims - Distribution of funds.
§62-194. State Land Reimbursement Fund - Payment - Apportionment by county treasurer.
§62-195. Funds created - Maximum amounts - Forms, systems and procedures.
§62-203. Apportionment of monies to General Revenue Fund - Exceptions.
§62-204. Disposition of monies received from United States under Flood Control Act.
§62-211. Fees - Payment into General Revenue Fund of state.
§62-213. Failure or refusal to file reports - Misdemeanor.
§62-214. State Capitol Building - Boards not to maintain offices in.
§62-221. Oklahoma Tax Commission Fund - Nature of fund - Expenditures.
§62-254. Oklahoma Pension Improvement Revolving Fund
§62-255. Statewide Recovery Fund.
§62-255.2. Pandemic Relief Primary Source Revolving Fund.
§62-255.3. Pandemic Relief Secondary Source Revolving Fund.
§62-255.4. Workforce Coordination Revolving Fund.
§62-256. Progressing Rural Economic Prosperity Fund (PREP Fund).
§62-261. Payments to State Treasurer.
§62-263. State checks or vouchers unpaid after 90 days - Cancellation.
§62-275.2. Destruction of warrant registers after warrants microfilmed or duplicated.
§62-275.6. Storage facilities and personnel - Duties of Department of Public Welfare.
§62-275.7. Storage facilities - Duties of Director - Construction, rent or lease - Contracts.
§62-275.8. State Treasurer - Redeemed bonds, etc. - Microfilm or duplicates - Disposition.
§62-275.9. Claims or payrolls filed with Director of Office of Management and Enterprise Services.
§62-275.11. Time limitation for state compliance with Title 40, § 165.2.
§62-276.1. Creation of fund - Use.
§62-276.3. Central Filing System Revolving Fund.
§62-277.1. Fund created - Expenditures.
§62-277.2. Investments - Interest.
§62-278.1. Creation - Composition - Expenditure of moneys.
§62-278.2. Investments by State Treasurer - Deposit interest.
§62-279. Fund created - Composition - Transfer of funds.
§62-282. Definitions - Debtor municipal corporation - Creditor municipal corporation.
§62-283. Initiation of proceeding under bankruptcy laws.
§62-284. Participation by creditor corporation in proceedings.
§62-285. Carrying out plan of municipal debt readjustment.
§62-286. Composition of indebtedness under bankruptcy law.
§62-291. When cancellation authorized.
§62-304.1. Payroll purchase order - Payroll statement - Verification by affidavit - Payments.
§62-304.2. Assignment of salary or wage earnings.
§62-306a. Form and contents of compromise settlement.
§62-306b. Judicial approval of compromise settlement - Release and discharge of property.
§62-306c. Notation of discharge and release of property.
§62-306d. Cancellation of special assessment and lien of assessment or warrant.
§62-306e. Cancellation of special assessment and lien of bond, warrant or tax bill.
§62-310.1. Cities and towns - Purchasing procedures.
§62-310.1a. Acknowledgment of delivery of merchandise - Approval of payment.
§62-310.3. Removal from office for exceeding appropriation.
§62-310.6. Rules and regulations.
§62-310.7. Partial invalidity.
§62-310.8. Blanket purchase orders.
§62-318. Performance-based efficiency contracts.
§62-325. County fair fund - Use of surplus to pay warrants.
§62-326. Rental from forest reserves - Disposition and apportionment.
§62-332. Forms to be prescribed by State Auditor and Inspector.
§62-333. Building funds - Surplus used to reduce tax for sinking fund.
§62-334. Purpose of law - Successive levies for school building.
§62-335. Money due for property, royalty or services - Payment and crediting.
§62-341. Paving, drainage or improvement taxes - Payment by warrants or bonds.
§62-342. Tender - Acceptance at face value - Receipt - Cancellation of bond or warrant.
§62-343. Assessment or installments delinquent - Discharge of lien.
§62-344. Penalties - Delinquent assessments - Credited to funds.
§62-345. Intent of Act - Face value or warrants or bonds.
§62-346. Partial invalidity, effect.
§62-348.1. Authorized investments – Disposition of income.
§62-348.3. Cities and counties - Written investment policies - Authorized investments.
§62-348.4. Securities lending program - Cities or counties which qualify - Collateral requirements.
§62-350. Task Force on Municipal Finance – Members - Exemption.
§62-351. Sales of bonds - Minimum net value plus interest.
§62-352. Sale at less than ninety-nine percent of par – Penalties.
§62-355. Bidders - Persons forbidden to bid on bonds.
§62-356. Sale of bonds in amounts governing board deems proper.
§62-357. Rate of interest on funding or refunding bonds - Period elapsing before refund.
§62-358. Signing and attestation of bonds - Certificates.
§62-362. Proof as to indebtedness before judgment - Appeals.
§62-363. Judgment prohibited until provisions complied with.
§62-364. Not applicable to small claims.
§62-365.1. Jurisdiction of actions.
§62-365.2. Certified copy of journal entry - Transmission to municipal officers.
§62-365.3. Record of judgments, levies and payments.
§62-365.4. Levy invalidated - Revival by decree - Defense of levy by owner of judgment.
§62-365.5. Manner of paying money judgments.
§62-365.6. Levies to reimburse sinking fund.
§62-371. Contracts with officers void - Exceptions.
§62-372. Fraudulent claims - Liability of public officers.
§62-373. Taxpayer may institute suit on failure of officers.
§62-374. Civil actions - Limitations.
§62-382. 1935 validating act - Citation.
§62-383. Public body defined - Bond defined.
§62-391. Refund of indebtedness authorized - Issue of new bonds.
§62-392. Notice of issue - Determination of indebtedness.
§62-394. Attestation - Denominations - Term of bonds - Recitals.
§62-396. Registration of bonds.
§62-397. Levy of taxes - Sinking fund - Penalty for neglect or refusal.
§62-399. Sinking fund - How computed - Installment bonds.
§62-401. Penalty for misappropriation.
§62-402. Coupons receivable for taxes.
§62-413. Registration of bonds - Endorsement of legality.
§62-414. Annual tax levy to pay interest and principal - Sinking fund.
§62-415. Authority for bond issue - Approval by Attorney General.
§62-424. Tax for payment of bonds and creation of sinking fund.
§62-426b. Term "governing board" defined.
§62-430.5. Participation in federal program.
§62-431. Sinking fund - Levy for - Readjustment of annual bond accrual.
§62-435. Use of fund - Judgments against municipality - Payment from sinking funds - Reimbursement.
§62-436a. Delinquent tax penalties, interest and forfeitures - Credit on apportionment.
§62-436b. County resale property fund - Rebates - Disclaimers.
§62-436c. Apportionment and credit of resale property fund.
§62-438. Bonds for city hall - Rentals paid into sinking fund.
§62-443. Procedure - Restrictions on use of funds - Investment of sinking fund in warrants.
§62-445. Surplus of sinking fund - Transfer to general fund.
§62-447. District court - Application for order authorizing transfer - Hearing.
§62-448. Tax for sinking fund - Cancellation when no deficit in fund.
§62-449. Cancellation and reduction of taxes by county treasurer.
§62-451. Outstanding tax sale certificates not affected.
§62-461. Transfers authorized - Request for transfer - Approval - Notice.
§62-463. Supplemental and additional appropriations - Law not affected.
§62-472. Issuance of warrants, bonds and interest coupons in numerical order.
§62-473. "Estimate made and approved" defined.
§62-474. Warrants - How drawn.
§62-475. Registration - Treasurer's duty - Effect - Notice of "funds on hand" - Interest.
§62-477. Limit of authority to issue - Liability of officer.
§62-478. Registration or payment of excess warrants - Misdemeanor.
§62-479. Incurring indebtedness or allowing bills in excess - Liability of officers.
§62-480. Violations - Punishment.
§62-481. Purchase of county warrants by officer prohibited.
§62-482. Maturity of warrants - Right of action - Limitations.
§62-493. One year deferment on certain foreclosure actions.
§62-495. Legislative intent as to bonds issued to develop industry.
§62-496. Special tax for payment of interest and principal.
§62-498.2. Applicability to bonds having higher or no interest rate limitation.
§62-504. Claims of officers against counties - Penalty for violation.
§62-505. Statements - Other municipal funds.
§62-511. Security for insured deposits not required.
§62-513. Deposits with federal instrumentalities.
§62-517.3. Public deposits defined - Official depositories.
§62-517.5. Securities and other instruments that may be accepted as collateral.
§62-517.7. Liability of treasurer of public entity.
§62-542. Sale of securities - Notice.
§62-543. Marking and record of securities purchased - Account of treasurer.
§62-544. Apportionment of interest.
§62-545. Application of statute - Intention of Legislature.
§62-551. Checks or warrants to be paid upon presentation - Maintenance of evidence of payment.
§62-552. When no funds - Payment thereafter in order of presentation - Penalty for violation.
§62-553. Notice of ability to pay registered warrants - Publication.
§62-554. Treasurer shall deliver warrant register to successor.
§62-562. Municipalities - Investment of sinking funds - Disposition of interest or dividends.
§62-574. Publication of projects.
§62-584. System of registration.
§62-585. Execution of obligations - Signatures.
§62-586. Authorized signatures to remain valid - Adoption of predecessor's signature.
§62-588. Appointment of certain agents, etc. and depositories - Issuer as agent, etc.
§62-589. Collection of costs - Reimbursement.
§62-591. Coupon bond or coupon bonds defined.
§62-602. Execution of public securities by facsimile signature - Effect.
§62-604. Use on a public security with intent to defraud.
§62-652. Authority regarding industrial development.
§62-653. Use of revenues - Public trusts.
§62-654. Election on issuance of revenue bonds.
§62-655. Type of bonds - Interest - Conditions - Sale and execution.
§62-659. Defaults - Appointment and powers of receiver.
§62-663. Act inapplicable for acquiring certain utility plants or distribution systems.
§62-664. Act as supplemental - Construction.
§62-690.3. Designation of enterprise zones - Application.
§62-690.4. Benefits and incentives.
§62-690.5. Request for list of designated enterprise zones.
§62-690.6. Enterprise districts - Establishment.
§62-690.7. Enterprise District Management Authority.
§62-690.9. Powers and duties of Authority.
§62-690.10. Bond election - Notice - Resolution - Ballots.
§62-690.12. Venture capital loan program.
§62-690.13. Loan application - Contents.
§62-690.14. Loan hearings and examinations - Grant of loan.
§62-690.15. Contract to loan - Security - Foreclosure and other remedies.
§62-690.16. Enterprise District Loan Fund.
§62-690.17. Audit of accounts and books of Authority.
§62-690.18. Priority Enterprise Zones.
§62-690.19. Annual performance report.
§62-690.20. Limitation upon benefits already conferred.
§62-695.2. Legislative findings and declarations.
§62-695.6a. Council of Bond Oversight - Membership.
§62-695.7. Deputy Treasurer for Debt Management.
§62-695.8. Powers and duties of Council of Bond Oversight.
§62-695.8a. Bond Oversight Revolving Fund.
§62-695.9. See the following versions:
§62-695.9v1. State and local governmental entities - Approval of issuance of obligations.
§62-695.9v2. State and local governmental entities - Approval of issuance of obligations.
§62-695.10A. Public finance service provider - Required disclosure.
§62-695.19. Refunding bonds – Review and approval of Deputy Treasurer for Debt Management.
§62-695.22. Formula and procedures adopted for issuance of private activity bonds.
§62-695.24. Designation of various pools - Amounts reserved and placed.
§62-695.26. Application of Act.
§62-753.1. Issuance of general obligation refunding bonds not to have certain effects.
§62-754.1. Public hearing on voting on refunding or altering terms of bond issue - Notice.
§62-755. Principal amount of refunding bond - Requisites of bonds - Redemption - Recitals.
§62-756. Bond proceeds and interest - Uses - Escrow and trust accounts.
§62-757. Moneys in escrow or trust account - Investment - Security - Sufficiency.
§62-758. Issuance of combination of bonds.
§62-759. Conclusive determination that applicable laws have been complied with.
§62-760. Examination of bonds by Attorney General.
§62-761. Impairment of other bonds, obligations or refunding transactions prohibited.
§62-762. Interpretation and construction of act.
§62-801. Legislative finding and declaration.
§62-803. Issuance of bonds - Requirements - Verification of registration of advisers and brokers.
§62-822. Purpose – Contingent on approval of proposed constitutional amendment.
§62-825. Preliminary Project Plan – Public hearing – Notice – Final Project Plan.
§62-826. Approval or rejection by Governor of Final Project Plan – Election proclamation.
§62-827. Voter approval of bond authorization – Determination of sufficient financial resources.
§62-828. Issuance of bonds by participating entities – Examination by Attorney General.
§62-831. Disposition of bond proceeds.
§62-842. Eligibility for incentive payments.
§62-843. Certification - Payment.
§62-844. State local enterprise matching payments - Eligibility and amount.
§62-845. Agency special account.
§62-846. Issuance of payment warrants.
§62-847. Annual reporting by Tax Commission.
§62-852. Legislative guidelines.
§62-854. Additional powers granted to city, town or county.
§62-857. Conflict of interest - Disclosure.
§62-858. Project plans - Amendments - Vote on project plan adopted by transportation authority.
§62-859. Public hearings - Notice.
§62-860. Incentives or exemptions from local taxation.
§62-861. Tax increment financing - Apportionment - Adjustment.
§62-862. Base assessed value - Computation of tax levy.
§62-863. Tax apportionment bonds or notes.
§62-864. Adjustment in school State Aid.
§62-865. Agreement between other local taxing entity and governing body.
§62-866. Agreements between governing body and property owners.
§62-867. Report to taxing entity.
§62-867.1. Incentive or increment district creation – Dissolution – Annual revenue loss.
§62-868. Initiative and referendum.
§62-869. Powers conferred by act.
§62-876. Acquisition of real property - Sale or lease to developer.
§62-877. Issuance of special obligation bonds - Pledge of revenue - Execution and recitals.
§62-878. Use of bond proceeds.
§62-879. Levy of assessments – Apportionment - Payment into special fund.
§62-880. Transmission of project plan documents.
§62-884. Ad valorem tax exemption - Effect on school state aid.
§62-886. Residences qualifying for tax exemption - Application - Limit on amount.
§62-891.4. Applicability of Oklahoma Development Finance Authority Act.
§62-891.6. Bonds and other obligations.
§62-891.7. Infrastructure Pool.
§62-891.8. Economic Development Pool.
§62-891.9. Local governments liable for debt issued — Payments.
§62-891.12. For-profit businesses determination letter and agreements - Withholding taxes.
§62-891.13. Submitting tax questions to municipal voters.
§62-891.14. Submitting tax questions to county voters.
§62-891.15. Community Economic Development Pooled Finance Revolving Fund.
§62-891.19. Corporate income tax exclusion for for-profit business entities.
§62-895. Municipal development fees.
§62-896.1. Local government website - Notice after approval of bonds or other indebtedness.
§62-901. Long-Range Capital Planning Commission - Annual state capital plan - Capital budget.
§62-901.1. List of proposed projects
§62-908. Oklahoma State Government Asset Reduction and Cost Savings Program.
§62-2001. Legislative findings.
§62-2002.1. Rural Economic Action Plan Water Projects Fund.
§62-2004. Deposit of monies in Rural Economic Action Plan Fund accounts - Expenditures.
§62-2006. Rural Economic Action Plan Fund - Establishment - Accounts.
§62-2007. Eligibility to obtain funding.
§62-2008. Plans for use of funds - "Economic development" defined - Fund allocation.
§62-2009. Filing of plan - Approval by governing board.
§62-2010. Matching funds not to be required.
§62-2012. Manner of expenditure.
§62-2013. Function and purpose of expenditures.
§62-2021. Oklahoma Disaster Mitigation and Recovery Matching Fund.
§62-2022. Eligibility to obtain funding.
§62-2023. Plan for funds to provide matching amounts.
§62-2024. Construction of expenditures.
§62-2103. Grant eligibility criteria.
§62-2105. Industrial Facilities Development Fund.
§62-2106. Expenditures from Fund construed as expenditures of public funds.
§62-2202. Provision of services on private land or homes.
§62-2203.1. Short title - Oklahoma Disaster Relief Materials Price Stabilization Act.
§62-2203.3. Prohibitions - Fine.
§62-2203.6. Prices outside the ordinary channels of trade.
§62-2303. Tobacco Settlement Endowment Trust Fund – Monies consisting principal.
§62-2305. Board of Investors of the Tobacco Settlement Endowment Trust Fund.
§62-2306. Duties of Board of Investors.
§62-2307. Determination of earnings.
§62-2308. Board of Directors - Officers.
§62-2309. Duties of board - Executive director.
§62-2310. Budget - Operating budget - Programs budget.
§62-2400. Short title - Invest In Oklahoma Act.
§62-2401. Invest In Oklahoma program.
§62-2402. Public entities authority to invest.
§62-2403. Promulgation of rules.
§62-3103. See the following versions:
§62-3104. Retirement bills, RB numbers - Amendments.
§62-3106. Nonfiscal retirement bills - Procedure - Amendments.
§62-3106.1. Amendments creating nonfiscal retirement bill or retirement bill having fiscal impact.
§62-3107. Retirement bills having fiscal impact - Procedure - Amendments.
§62-3109. Actuarial investigation - Submission to requesting committee chair - Summary.
§62-3113. Interpretation and construction of act.
§62-3501. Distributions to certain retired members.
§62-4001. Oklahoma Centennial Botanical Garden Authority - Uses and purposes.
§62-4002. Oklahoma Centennial Botanical Garden Authority - Bonds.
§62-4500. Tender and acceptance of United States government gold and silver coins.
§62-7001. Short title - Incentive Evaluation Act.
§62-7003. Incentive Evaluation Commission - Incentive Approval Committee.
§62-7004. Periodic evaluations - Exemptions.
§62-7005. Contractors – Evaluation process – Requirements – Criteria – Records disclosure.
§62-8011. Legislative Office of Fiscal Transparency.
§62-8012. Duties of the Office.
§62-8013. Oversight committee.
§62-8014. Agencies and institutions to furnish information and cooperate.
§62-8015. Report of findings – Committee recommendations.
§62-9001. Payments required to governmental entities.
§62-9010.1. Short title - Pay for Success Act.
§62-9010.2. Legislative intent.