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The treasurer provides for the safe and efficient operation of state government through effective banking, investment, and cash management. The state treasurer has the powers of a typical chief financial officer for a corporation. [1] The State Treasurer of Oklahoma is Todd Russ, who was elected as State Treasurer in the 2022 election.
The Oklahoma Tax Commission (OTC) is the Oklahoma state government agency that collects taxes and enforces the taxation and revenue laws of the state. The Commission is composed of three members appointed by the Governor of Oklahoma and confirmed by the Oklahoma Senate. The Commissioners are charged with oversight of the agency but appoint an ...
The state agencies make up the machinery of government for the state. All agencies are within one of the three branches of the government of Oklahoma . Pursuant to the provisions of the Executive Branch Reform Act of 1986 , all executive branch agencies are organized under a Cabinet Secretary .
Oklahoma assesses a State level excise tax on insurance premiums paid across the State. The insurance tax is collected by the Oklahoma Insurance Department . While most of the insurance tax is deposited within the General Fund, the revenues also support the Insurance Department and provide revenues for the State's employee retirement systems.
Pennsylvania’s treasurer stewards state dollars by investing savings and managing withdrawals and debts to ensure the commonwealth’s bills are paid. The Treasury directly controls about $50 ...
The office's major duty is to select banks and investments in which to place state funds to yield profit for the state at large. The treasurer maintains an accurate account of the money received and distributed by the Oklahoma State Treasury. The Treasurer also delivers state warrants, checks, and bonds to the Oklahoma Office of State Finance.
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related to: difference between pa and c llc in oklahoma state treasurer