Okla. Stat. tit. 69, § 69-4032
This is the official text of Okla. Stat. tit. 69, § 69-4032, part of Oklahoma’s Stat. tit. 69, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 69,." Browse the sections below, each linked to its official government source.
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Allocation of funds to eligible entities
Official statutory text
A. The Oklahoma Department of Transportation may allocate
monies in the Mass Transit Revolving Fund created in Section 1 of
Oklahoma Statutes - Title 69. Roads, Bridges, and Ferries Page 389
this act to eligible agencies in the manner and for the purposes
specified in this act.
B. Except for those monies specified in Section 5 of this act,
all monies appropriated to the Public Transit Revolving Fund shall
be distributed to eligible entities not later than June 30 of each
year.
C. As used in this act, "eligible entities" means those
entities receiving federal financial assistance for approved
programs pursuant to 49 U.S.C., Sections 1607a and 1614, as amended,
and other public mass transit programs provided by entities,
municipalities, and community action programs, and which have
submitted an audited financial statement showing total reported
mileage to the Department of Transportation. For those programs not
currently receiving federal funds, the Department, using industry-
wide standards and guidelines and regulations, shall certify the
program as being a public mass transit system.
monies in the Mass Transit Revolving Fund created in Section 1 of
Oklahoma Statutes - Title 69. Roads, Bridges, and Ferries Page 389
this act to eligible agencies in the manner and for the purposes
specified in this act.
B. Except for those monies specified in Section 5 of this act,
all monies appropriated to the Public Transit Revolving Fund shall
be distributed to eligible entities not later than June 30 of each
year.
C. As used in this act, "eligible entities" means those
entities receiving federal financial assistance for approved
programs pursuant to 49 U.S.C., Sections 1607a and 1614, as amended,
and other public mass transit programs provided by entities,
municipalities, and community action programs, and which have
submitted an audited financial statement showing total reported
mileage to the Department of Transportation. For those programs not
currently receiving federal funds, the Department, using industry-
wide standards and guidelines and regulations, shall certify the
program as being a public mass transit system.
Status: in_force · Read it on the official government site
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