Okla. Stat. tit. 37A, § 37A-5-128
This is the official text of Okla. Stat. tit. 37A, § 37A-5-128, part of Oklahoma’s Stat. tit. 37A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 37A,." Browse the sections below, each linked to its official government source.
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Alcoholic Beverage Control Fund - Alcoholic Beverage
Official statutory text
Governance Revolving Fund.
Oklahoma Statutes - Title 37a. Alcoholic Beverages Page 166
A. There is hereby created in the State Treasury a fund to be
known as the "Alcoholic Beverage Control Fund" which shall consist
of revenues collected by the state from license and registration
fees, with any interest, fines or penalties levied and collected by
the ABLE Commission pursuant to the provisions of the Oklahoma
Alcoholic Beverage Control Act; provided, the first Three Hundred
Thousand Dollars ($300,000.00) of such revenues collected each
fiscal year shall be deposited to the Community-Based Substance
Abuse Revolving Fund and the next Twenty Thousand Dollars
($20,000.00) of such revenues collected each fiscal year shall be
deposited in the Prevention of Youth Access to Alcohol Revolving
Fund. Any unappropriated balance in the Oklahoma Alcoholic Beverage
Control Fund at the close of each fiscal year shall revert to the
General Revenue Fund of the State of Oklahoma, except for the amount
necessary to satisfy any appropriations made or to be made from the
fund by the Oklahoma State Legislature for the ensuing fiscal year.
All such monies collected by the ABLE Commission pursuant to the
provisions of the Oklahoma Alcoholic Beverage Control Act shall be
deposited in the State Treasury for credit to the General Revenue
Fund of the state, except as provided in subsection B of this
section.
B. There is hereby created in the State Treasury a revolving
fund for the ABLE Commission to be designated the "Alcoholic
Beverage Governance Revolving Fund". The fund shall be a continuing
fund, not subject to fiscal year limitations, and shall consist of
any monies received from the surcharge collected by the Tax
Commission pursuant to subsection F of Section 13 of this act and
any other sources of funds provided by law. All monies accruing to
the credit of the fund shall be budgeted and expended by the ABLE
Commission for general operations. Expenditures from the fund shall
be made upon warrants issued by the State Treasurer against claims
filed as prescribed by law with the Director of the Office of
Management and Enterprise Services for approval and payment.
Oklahoma Statutes - Title 37a. Alcoholic Beverages Page 166
A. There is hereby created in the State Treasury a fund to be
known as the "Alcoholic Beverage Control Fund" which shall consist
of revenues collected by the state from license and registration
fees, with any interest, fines or penalties levied and collected by
the ABLE Commission pursuant to the provisions of the Oklahoma
Alcoholic Beverage Control Act; provided, the first Three Hundred
Thousand Dollars ($300,000.00) of such revenues collected each
fiscal year shall be deposited to the Community-Based Substance
Abuse Revolving Fund and the next Twenty Thousand Dollars
($20,000.00) of such revenues collected each fiscal year shall be
deposited in the Prevention of Youth Access to Alcohol Revolving
Fund. Any unappropriated balance in the Oklahoma Alcoholic Beverage
Control Fund at the close of each fiscal year shall revert to the
General Revenue Fund of the State of Oklahoma, except for the amount
necessary to satisfy any appropriations made or to be made from the
fund by the Oklahoma State Legislature for the ensuing fiscal year.
All such monies collected by the ABLE Commission pursuant to the
provisions of the Oklahoma Alcoholic Beverage Control Act shall be
deposited in the State Treasury for credit to the General Revenue
Fund of the state, except as provided in subsection B of this
section.
B. There is hereby created in the State Treasury a revolving
fund for the ABLE Commission to be designated the "Alcoholic
Beverage Governance Revolving Fund". The fund shall be a continuing
fund, not subject to fiscal year limitations, and shall consist of
any monies received from the surcharge collected by the Tax
Commission pursuant to subsection F of Section 13 of this act and
any other sources of funds provided by law. All monies accruing to
the credit of the fund shall be budgeted and expended by the ABLE
Commission for general operations. Expenditures from the fund shall
be made upon warrants issued by the State Treasurer against claims
filed as prescribed by law with the Director of the Office of
Management and Enterprise Services for approval and payment.
Status: in_force · Read it on the official government site
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