Okla. Stat. tit. 40, § 40-4-607
This is the official text of Okla. Stat. tit. 40, § 40-4-607, part of Oklahoma’s Stat. tit. 40, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 40,." Browse the sections below, each linked to its official government source.
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Reimbursement of fund
Official statutory text
REIMBURSEMENT OF FUND. This state recognizes its obligation to
replace, and hereby pledges the faith of this state that funds will
be provided in the future, and applied to the replacement of any
moneys received after July 1, 1941, from the Secretary of Labor
under Title III of the Social Security Act, any unencumbered
balances in the Employment Security Administration Fund as of that
date, any moneys thereafter granted to this state pursuant to the
Oklahoma Statutes - Title 40. Labor Page 180
provisions of the Wagner-Peyser Act, and any moneys made available
by the state or its political subdivisions and matched by such
moneys granted to this state pursuant to the provisions of the
Wagner-Peyser Act, which the Secretary of Labor finds have, because
of any action or contingency, been lost or have been expended for
purposes other than, or in amounts in excess of, those found
necessary by the Secretary of Labor for the proper administration of
this act. Such moneys shall be promptly replaced by moneys
appropriated for such purpose from the general funds of this state
to the Employment Security Administration Fund for expenditures as
provided in this Part. The Commission shall promptly report to the
Governor, and the Governor to the Legislature, the amount required
for such replacement. This section shall not be construed to
relieve this state of its obligation with respect to funds received
prior to July 1, 1941, pursuant to the provisions of Title III of
the Social Security Act.
replace, and hereby pledges the faith of this state that funds will
be provided in the future, and applied to the replacement of any
moneys received after July 1, 1941, from the Secretary of Labor
under Title III of the Social Security Act, any unencumbered
balances in the Employment Security Administration Fund as of that
date, any moneys thereafter granted to this state pursuant to the
Oklahoma Statutes - Title 40. Labor Page 180
provisions of the Wagner-Peyser Act, and any moneys made available
by the state or its political subdivisions and matched by such
moneys granted to this state pursuant to the provisions of the
Wagner-Peyser Act, which the Secretary of Labor finds have, because
of any action or contingency, been lost or have been expended for
purposes other than, or in amounts in excess of, those found
necessary by the Secretary of Labor for the proper administration of
this act. Such moneys shall be promptly replaced by moneys
appropriated for such purpose from the general funds of this state
to the Employment Security Administration Fund for expenditures as
provided in this Part. The Commission shall promptly report to the
Governor, and the Governor to the Legislature, the amount required
for such replacement. This section shall not be construed to
relieve this state of its obligation with respect to funds received
prior to July 1, 1941, pursuant to the provisions of Title III of
the Social Security Act.
Status: in_force · Read it on the official government site
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