Oklahoma § 68-4402 Legislative findings.

Oklahoma Statutes

§ 68-4402 — Legislative findings.

Oklahoma § 68-4402

Title 68Revenue And Taxation

This text of Oklahoma § 68-4402 (Legislative findings.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 68, § 68-4402 (2026).

Text

The Legislature finds that sales taxable transactions conducted within the area designated by Section 7 of this act have a significant economic impact. In order to assist the Oklahoma Tourism and Recreation Department with the maintenance and improvement of critical infrastructure for the Lake Murray area, the Legislature finds that it is in furtherance of an essential governmental function to provide a method by which the State of Oklahoma may utilize a portion of certain incremental state sales tax revenues derived from taxable transactions occurring within the area designated by Section 7 of this act as the “Lake Murray Designated Area” to ensure the proper maintenance and allow for the continued development of critical infrastructure within the Lake Murray area.

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The Legislature finds that sales taxable transactions conducted within the area designated by Section 7 of this act have a significant economic impact. In order to assist the Oklahoma Tourism and Recreation Department with the maintenance and improvement of critical infrastructure for the Lake Murray area, the Legislature finds that it is in furtherance of an essential governmental function to provide a method by which the State of Oklahoma may utilize a portion of certain incremental state sales tax revenues derived from taxable transactions occurring within the area designated by Section 7 of this act as the “Lake Murray Designated Area” to ensure the proper maintenance and allow for the continued development of critical infrastructure within the Lake Murray area.