2019 Oklahoma Statutes
Title 40. Labor
§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 Title 40 of the Oklahoma Statutes as long as the OESC Technology Fund has a balance greater than zero. The calculation shall be conducted in the following manner: The balance of the OESC Technology Fund as of July 1 of any given year shall be aggregated with the balance of the Unemployment Compensation Fund as of July 1 of the same year, with the resulting sum to be used in the calculation of the conditional factors as set out in Section 3-113 of Title 40 of the Oklahoma Statutes. The aggregate of the two fund balances shall only be for the purpose of the calculation and in no way shall balances in these two funds be commingled.
Added by Laws 2017, c. 345, § 13, eff. July 1, 2017.
