Okla. Stat. tit. 62, § 62-2023

A. The governing board of an entity described by subsection A

or B of Section 4 of this act shall develop a plan for the use of

available funds for providing matching amounts as required pursuant

to the terms of applicable federal law to obtain federal funds for

the prevention of damage or to repair damages caused by a qualifying

hazard within areas included within its respective jurisdiction.

For purposes of this act, "qualifying hazard" shall include, but

shall not be limited to, potential damage or actual damages caused

by any one or more of the following conditions or causes:

1. High winds;

2. Tornadoes;

Oklahoma Statutes - Title 62. Public Finance Page 631

3. Hail;

4. Rain;

5. Flooding;

6. Freezing rain or ice;

7. Heavy snow;

8. Wildfires;

9. Seismic disturbances; or

10. Other hazardous condition, whether naturally occurring or

resulting from manmade conditions, having the potential to cause or

having actually caused damage to public infrastructure assets and

for which federal funds may be available pursuant to a declaration

of a disaster by the Governor or pursuant to terms of federal law.

B. Not later than July 31, each entity described by Section 4

of this act shall transmit, in such electronic form as may be

prescribed by the Oklahoma Department of Commerce for purposes of

access to such information on the website maintained by the

Department, a summary of each project upon which matching funds

received by the entity from the Oklahoma Disaster Mitigation and

Recovery Matching Fund were expended during the fiscal year ending

on the June 30 date immediately preceding the July 31 reporting

date.

C. No entity which qualifies for funds pursuant to the

provisions of this act shall be required to provide matching funds

or to provide equivalent value in order to obtain available funds or

funds for planning expenditures from the Oklahoma Disaster

Mitigation and Recovery Matching Fund.

D. No funds allocated pursuant to the provisions of the

Oklahoma Disaster Mitigation and Recovery Matching Fund Act shall be

used for any purpose other than to provide matching funds, available

through the federal government or other sources as authorized by

law, to maximize and leverage such available funding, and the funds

allocated pursuant to the provisions of this act shall not be used

for any direct expenditures on salaries, employee benefits,

acquisition of real or personal property, other than the available

funding for which the allocated funds may be utilized, or any other

purpose.