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Oklahoma Statutes - Title 40. Labor Page 193 shall be in addition to any contribution which that employer is required to make pursuant to the provisions of the Employment Security Act of 1980. 2. The apportionment provided for in this section shall not be considered part of any unemployment taxes required of an individual employer pursuant to the Employment Security Act of 1980, nor shall it be considered for purposes of determining the individual employer's tax rate. B. Employers assigned a tax rate pursuant to Section 3-110.1 of this title shall pay an OESC Technology Reinvestment Apportionment equal to the rate reduction granted them pursuant to Section 3-109.3 of this title. C. Employers making payments in lieu of contributions pursuant to Sections 3-702, 3-705 and 3-806 of this title shall be exempt from the provisions of this section. D. The apportionment shall be made and collected by the Oklahoma Employment Security Commission for deposit, on a monthly basis, to the credit of the OESC Technology Fund. Provided, all monies received by the Oklahoma Employment Security Commission for the account of the OESC Technology Fund, upon receipt, shall be deposited in a clearance account. E. The Oklahoma Employment Security Commission shall promulgate such rules as may be necessary to implement the provisions of Sections 3-109.3 and 6-201 through 6-205 of this title. F. The Oklahoma Employment Security Commission shall create an annual report detailing the collection of the apportionment funds and the expenditures from the OESC Technology Fund. The report shall be filed on or before March 31 of each year following the effective date of this act. The report shall be filed with the Governor, the President Pro Tempore of the Senate, the Speaker of the House of Representatives, the State Treasurer, the State Auditor and Inspector, and the Director of the Office of Management and Enterprise Services. Added by Laws 2017, c. 345, § 12, eff. July 1, 2017. Amended by Laws 2019, c. 251, § 13, eff. July 1, 2019; Laws 2023, c. 346, § 6, eff. Nov. 1, 2023.

§40-6-205. Technology Fund balance. TECHNOLOGY FUND BALANCE. The balance of the OESC Technology Fund on July 1 of any given year shall be used in the calculation of conditional factors pursuant to Section 3-113 of this title as long as the OESC Technology Fund has a balance greater than zero (0). The balance of the fund shall not exceed Twenty-five Million Dollars ($25,000,000.00) prior to June 30, 2024, or be greater than the calculated amount of Twenty-five Million Dollars