Okla. Stat. tit. 68, § 68-3645.6

(LEAD Fund).

A. There is hereby created in the State Treasury a fund for the

Oklahoma Tax Commission to be designated the "Large-scale Economic

Oklahoma Statutes - Title 68. Revenue and Taxation Page 1423

Activity and Development Fund", also known as the "LEAD Fund". The

fund shall be a continuing fund, not subject to fiscal year

limitations, and shall consist of all monies designated for deposit

to the fund by law. All monies accruing to the credit of the fund

are hereby appropriated and may be budgeted and expended by the Tax

Commission for the purpose of paying rebates as provided in the

Large-scale Economic Activity and Development Act of 2022.

Expenditures from such 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.

B. All unencumbered funds remaining in the Large-scale Economic

Activity and Development Fund upon the expiration of the Large-scale

Economic Activity and Development Act of 2022 shall be transferred

to the State Treasurer for deposit in the General Revenue Fund.

C. If the Oklahoma Department of Commerce has not received a

binding commitment from a primary establishment for an investment

determined by the Department to qualify for payment under the

provisions of division (1) of subparagraph a of paragraph 1 of

subsection E of Section 3645.4 of this title by April 15, 2023, all

unencumbered funds remaining in the Large-scale Economic Activity

and Development Fund shall be transferred to the State Treasurer for

deposit in the General Revenue Fund of the State Treasury for the

fiscal year ending June 30, 2022.