HJR 1018 Summary

• Requires state individual and corporate income tax return forms (for tax years beginning after December 31, 2010) to include a provision allowing taxpayers to make voluntary donations to the Oklahoma Department of Emergency Management.

• Creates the "Oklahoma Department of Emergency Management Disaster Response Revolving Fund" in the State Treasury to receive and administer all donations collected through the income tax checkoff.

• Directs that monies in the fund be appropriated and expended by the Oklahoma Department of Emergency Management for funding statewide disaster and emergency phone lines and providing the 12.5% state disaster relief match required for federal assistance.

• Allows taxpayers who make donations in error to file refund claims within three years of the tax return due date; refunds issued in any year are deducted from the following year's total donations before fund distribution.

• Becomes effective January 1, 2011.