Oklahoma Administrative Code
Title 725 - Oklahoma Tourism and Recreation Department
Chapter 20 - Marketing Services Operation
Subchapter 7 - Reimbursement of Matching Funds to Multicounty Organizations
Section 725:20-7-2 - Definition of matching funds; limitations
Universal Citation: OK Admin Code 725:20-7-2
Current through Vol. 42, No. 1, September 16, 2024
(a) Matching funds are funds appropriated by the Legislature and administered by the Department, for the reimbursement of expenditures by qualified multicounty organizations for allowable administrative expenditures and for allowable tourism promotion expenditures conducted by the multicounty organization.
(b) Limitations to the amount of matching funds that any multicounty organization may receive are contingent upon:
(1) the total amount appropriated each year
by the Legislature;
(2) the amount
of allowable expenditures by a multicounty organization;
(3) the number of eligible multicounty
organizations; and,
(4) an
organization's compliance with rules governing the program.
Added at 10 Ok Reg 4149, eff 7-26-93; Amended at 19 Ok Reg 2810, eff 7-25-02; Amended at 23 Ok Reg 2004, eff 6-11-06
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