Okla. Stat. tit. 68, § 68-1803
This is the official text of Okla. Stat. tit. 68, § 68-1803, part of Oklahoma’s Stat. tit. 68, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 68,." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Tax levied - Rate - Payment monthly - In lieu of other
Official statutory text
taxes.
There is hereby levied on each Cooperative an annual tax which
shall equal two percent (2%) of the gross receipts derived by it
from the sale and distribution of electric energy during the
calendar year. The tax hereby levied shall be payable monthly
according to, and as and when the statements shall be made as
required in Section 2 of this act. The tax so levied or so imposed
shall, when paid as herein provided, be in full and in lieu of any
and all other taxes imposed by the state, counties, cities, towns,
townships, school district, and other municipalities or political
subdivisions of the state on the property of each such cooperative.
There is hereby levied on each Cooperative an annual tax which
shall equal two percent (2%) of the gross receipts derived by it
from the sale and distribution of electric energy during the
calendar year. The tax hereby levied shall be payable monthly
according to, and as and when the statements shall be made as
required in Section 2 of this act. The tax so levied or so imposed
shall, when paid as herein provided, be in full and in lieu of any
and all other taxes imposed by the state, counties, cities, towns,
townships, school district, and other municipalities or political
subdivisions of the state on the property of each such cooperative.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.