Okla. Stat. tit. 17, § 17-327

This is the official text of Okla. Stat. tit. 17, § 17-327, part of Oklahoma’s Stat. tit. 17, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 17,." Browse the sections below, each linked to its official government source.

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Approval requirements for certain bills to change the

Official statutory text

Petroleum Storage Tank Indemnity Fund.

A. Any Petroleum Storage Tank Indemnity Fund bill which would

change the distribution of the assessment imposed pursuant to the

provisions of Section 327.1 of this title and decrease the amount

required to be deposited in the Petroleum Storage Tank Indemnity

Fund shall require approval of not less than two-thirds (2/3) of the

membership of each House of the Legislature to become law.

B. The provisions of subsection A of this section shall not

apply to any Petroleum Storage Tank Indemnity Fund bill that

appropriates monies from the Petroleum Storage Tank Indemnity Fund

for purposes of increasing the costs of administering the Indemnity

Fund or related administrative functions of the Corporation

Commission.

C. For purposes of this section, a "Petroleum Storage Tank

Indemnity Fund bill" shall mean any bill which amends any or all of

Section 328 of this title or any bill that impacts the distribution

of the assessment set forth in Section 328 of this title.

Status: in_force · Read it on the official government site

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