Oklahoma Statutes
Title 62. Public Finance
§62-91.1. Short title.

Oklahoma Statutes

Title 62. Public Finance

§62-11. Bond Commissioner.

§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.

§62-16. Bond counsel.

§62-34. Short title.

§62-34.1. Tax accounts with counties – Certification of information by State Board of Equalization – Reports by county clerks – Power and authority of State Auditor and Inspector.

§62-34.2. Estimate of funds expected to accrue to General Revenue Fund and Special Revenue Funds - Comprehensive economic report

§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.

§62-34.15. Information Services Division - Authority over certain information technology equipment facilities.

§62-34.19. Information Services Division of Office of Management and Enterprise Services - Creation and maintenance of state central communication or intercommunication system.

§62-34.20. Information Services Division of Office of Management and Enterprise Services - Additional powers and duties relating to communications and telecommunications.

§62-34.20.1. OneNet - Statewide contract - GSA schedule or contract purchases - Negotiation for education or government discounts.

§62-34.21. Authorization and requirements for obtaining, developing or enhancing communication or telecommunication systems - Interagency contracts - Exception.

§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.

§62-34.25. Reimbursement of merchant fee - Convenience fee for manual transaction - Convenience fee for electronic transaction.

§62-34.26. Open-systems concept.

§62-34.27. State Governmental Technology Applications Review Board.

§62-34.28. Accessibility of information technology for individuals with disabilities – Undue burden – Rules.

§62-34.29. Definitions.

§62-34.30. Electronic and Information Technology Accessibility Advisory Council – Creation and composition.

§62-34.31. Escrow of source code required for acquisition of customized computer software – Required escrow provisions.

§62-34.31.1. Software acquisition requests.

§62-34.31.2. State technology contracts.

§62-34.32. Standard security risk assessment and audit of state agency information technology systems.

§62-34.33. Agreements to administer information technology and telecommunications infrastructure and security.

§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.

§62-34.46. Allocation of revenues - Accounts with agencies - Nonfiscal year appropriations - Supplemental appropriations.

§62-34.47. Allocation of revenues - Capital expenditures - Nonfiscal appropriations - Public Building Fund.

§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.

§62-34.51. Approval of requested allotments - Records - Claims for payment - New and increased allotments - Expenditure in subsequent period.

§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.

§62-34.63. Disbursements.

§62-34.64. Payment of claims or payrolls.

§62-34.65. Payment of vendor invoices.

§62-34.66. Writing of checks and warrants – Delegation of check and warrant issuing authority – Payment register – Transfer entries – Electronic fund transfers.

§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.

§62-34.73. Definition.

§62-34.74. Grievance - Remedy.

§62-34.75. Human Services encumbrance and preaudit claim settlement system – Detailed listings – Daily reports.

§62-34.76. WIC Supplemental Nutrition Program - Establishment of system for processing of claims - Procedures for payment of gross vouchers - Transfer of certain funds.

§62-34.77. Rehabilitation services encumbrance and preaudit claim settlement system – Detailed listings – Daily reports.

§62-34.78. Higher educational institution claim settlement systems.

§62-34.79. Transportation preaudit and settlement system for claims and payments.

§62-34.80. Record of warrants, checks or orders by Office of Management and Enterprise Services - Revocation and cancellation of unpaid obligations - Reissuance - Canceled Warrant Fund.

§62-34.81. Replacement warrant or bond - Affidavit - Records.

§62-34.82. Posting of disbursement information – Receipts for deposits – Permanent record – Audits, apportionment, and distribution – Maintenance of redeemed warrants and checks.

§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.

§62-34.88. Education Reform Revolving Fund - Separate accounting for revenues - Use of funds - Tracking apportionment of revenue.

§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.

§62-34.93. Teachers' Retirement System Dedicated Revenue Revolving Fund – Separate accounting of revenues – Permitted expenditures.

§62-34.94. Separate accounting of revenues attributable to fees collected by Oklahoma Board of Private Vocational Schools.

§62-34.95. Utilization of information collected by Office of Management and Enterprise Services – Evaluation reports by House appropriations and budget and Senate appropriations committees

§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. Debt limit.

§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.

§62-34.204. Request for proposal to determine state applications and databases that can be transferred to a cloud-based storage platform.

§62-34.210. Managing state data by state agencies – Standards and criteria for sharing data between agencies.

§62-34.301. Short title - Civil Service and Human Capital Modernization Act - State Employee Dispute Resolution Program.

§62-34.501. Allocation of federal Coronavirus Aid, Relief, and Economic Security Act (CARES) funds.

§62-35.1. Information Technology Consolidation and Coordination Act.

§62-35.2. Legislative intent.

§62-35.3. Definitions.

§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.

§62-35.8. Security standards.

§62-35.9. Quarterly progress reports.

§62-36. Digital Transformation Program Revolving Fund.

§62-36.1. Short title - Oklahomans Virtually Everywhere Act of 2019 – Research and development proposal.

§62-41.5a-4. Policies and procedures for destruction or disposal of electronic storage media - Notification of policies and procedures - Removal of storage media - Funding.

§62-42.13. Revenues not derived from legislative appropriations.

§62-45.1. Short title – Duties of all state agencies.

§62-45.2. Definitions.

§62-45.3. Agency strategic plan – Elements required – “Capital improvement” defined.

§62-45.4. Official forms.

§62-45.5. Determination of acceptable measures – Training and other services to be provided by Office of Management and Enterprise Services.

§62-45.6. Hearings.

§62-45.7. Long-range strategic state plan.

§62-45.8. Performance audits and investigations by State Auditor and Inspector and Joint Committee on Accountability in Government.

§62-45.9. Schedule of program evaluation and performance review of state agencies – Duties of Joint Legislative Committee on Budget and Program Oversight – Required elements of review - Reports.

§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.

§62-57.4. Form and terms of bonds - Payments into sinking fund - Call and redemption - Negotiability - Exemption from taxation.

§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.

§62-57.7. Interim bonds.

§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.

§62-57.11. Refunding bonds.

§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.

§62-57.21. Interim bonds.

§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.

§62-57.25. Refunding bonds.

§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.

§62-57.36. Interim 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.

§62-57.41. Refunding bonds.

§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.

§62-57.61. Purpose.

§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.

§62-57.66. Interim 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.

§62-57.71. Refunding bonds.

§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.

§62-57.79. Transfer of funds.

§62-57.81. Purpose.

§62-57.82. Agency for issue and sale - Institutional bonds of 1965.

§62-57.83. Institutional Bonds of 1965 Series C - Pledges of cigarette tax and sinking fund - General obligation.

§62-57.84. Serial coupon bonds - Maturities - Interest payment dates - Call.

§62-57.85. Advertisement for bids - Interest - Deposit.

§62-57.86. Interim bonds.

§62-57.87. Legal investments.

§62-57.88. Legal opinion - Period of contestability - Jurisdiction of contest - Formalities of execution.

§62-57.89. Delivery - Deposit of proceeds - Investment of surplus.

§62-57.90. Investment of sinking fund.

§62-57.91. Judicial approval of series.

§62-57.92. Attorney General.

§62-57.101. Purpose.

§62-57.102. Agency for issue and sale.

§62-57.103. Institutional Building Bonds of 1965 Series D - Pledges of cigarette tax and sinking fund - General obligation.

§62-57.104. Serial coupon bonds - Maturities - Interest payment dates - Call and redemption.

§62-57.105. Advertisement for bids - Interest - Deposit.

§62-57.106. Interim bonds.

§62-57.107. Legal investments.

§62-57.108. Legal opinion - Period of contestability - Jurisdiction of contest - Formalities of execution.

§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.

§62-57.121. Purpose.

§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.

§62-57.125. Sinking fund.

§62-57.126. Deposits for payment of principal.

§62-57.127. Pledges and covenants.

§62-57.128. Series A Bonds.

§62-57.129. Advertisement and sale of bonds.

§62-57.130. Interim 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.

§62-57.154. Bids.

§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.

§62-57.164. Bids.

§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.

§62-57.174. Bids.

§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.

§62-57.184. Bids.

§62-57.185. Deposit of proceeds - Investment.

§62-57.186. Appropriation.

§62-57.187. Appropriation.

§62-57.188. Appropriation.

§62-57.189. Contracts - Supervision of expenditures.

§62-57.190. Federal aid and assistance.

§62-57.191. Attorney General to handle legal work.

§62-57.193. Refunding bonds.

§62-57.200. University Bonds Escrow Fund - Purchase and redemption of bonds - Investment of excess public funds - Restructuring or liquidating certain accounts.

§62-57.300. Short title.

§62-57.301. Intent and purpose.

§62-57.302. Oklahoma Building Bonds Commission - Creation - Membership - Officers - Meetings - Quorum - Staffing - Compensation - Expenses - Performance of preliminary duties.

§62-57.303. Amount and purpose of indebtedness - Unused funds - Issuance of bonds - Revenue sources for payment of bonds.

§62-57.304. Oklahoma Building Bonds of 1992 Sinking Fund - Pledge of funds - Transmission of taxes and schedule - Deposit of funds - Pledges and covenants of state.

§62-57.305. Series and form of bonds - Place of payment - Maturity dates - Particulars of resolution or indenture of Commission - Payments into sinking fund - Negotiability - Tax exemption.

§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.

§62-57.309. Interim bonds.

§62-57.310. Investment in bonds issued under act - Use as collateral security.

§62-57.311. Attorney General to examine proceedings of Commission, resolutions passed and action taken in sale of bonds - Execution and filing of Attorney General's certificate - Facsimile of certificate to appear on bonds - Jurisdiction of litigatio...

§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.

§62-58. Study on acquisition of property near electrical generating plants for use as industrial parks for firms with high electrical needs - Acquisition of property - Financing - Report of information regarding property.

§62-71. State Treasurer - Selection of depositories - Out-of-state depositories - Relationship with financial institutions - Limitations on deposits - Reports.

§62-71.1. Cash Management and Investment Oversight Commission.

§62-71.2. State Treasurer purchasing authorization - Exemption.

§62-72.1. Short title.

§62-72.2. Definitions.

§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.

§62-74. State Treasurer as official depository for state officers, boards and commissions - Bonds of treasurer.

§62-79. Monies belonging to general revenue funds - Payment into state treasury - Report to State Auditor and Inspector.

§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.

§62-88.1. Short title.

§62-88.1B. Investment of linked deposit program monies.

§62-88.2. Definitions.

§62-88.4. Administration and implementation of program - Annual report.

§62-88.5. Dissemination of information and loan packages - Completing loan package - Acceptance and review of loan applications - Conditions of loans - Forwarding loan packages to State Treasurer and Board.

§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.

§62-89.6. Fees

§62-89.7. Investment performance reports.

§62-89.9. Statements and affidavits regarding collusion activities and employee nepotism - Forms to be prescribed by Attorney General.

§62-89.11. Recording and auditing of transactions.

§62-90. Securities lending program - Securities Lending and Custodial Fee Revolving Fund.

§62-90.1. Short title.

§62-90.2. Definitions.

§62-90.3. Rural Economic Development Loan Program.

§62-90.5. Conditions for making loans - Review of applications - Certification of good standing.

§62-90.6. Funding of loans - Percentage rate - Administrative costs - Certification of compliance - Forwarding of payments - State liability.

§62-90.7. Rules and forms.

§62-90.8. Rural Economic Development Loan Revolving Fund.

§62-90.9. Employment created not to be counted in determination of gross payroll.

§62-91.1. Short title.

§62-91.2. Purpose.

§62-91.3. Definitions.

§62-91.4. Dissemination of information about program.

§62-91.5. Administrator and certifying agency – Powers and duties.

§62-91.6. Loan packages - Review of applications by lending institutions - Loan restrictions - Review of loan packages.

§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.