Oklahoma Administrative Code
Title 150 - Oklahoma Department of Commerce
Chapter 105 - Oklahoma Local Development and Enterprise Zone Incentive Leverage Act
Section 150:105-1-2 - Definitions
In addition to those terms defined elsewhere in this chapter, and the terms defined in 62 O.S. § 841, the following words and terms when used in this subchapter shall have the following meaning unless the context clearly indicates otherwise.
"Department" means the Oklahoma Department of Commerce established pursuant to 74 O.S. §§ 5001 et seq. and any successor agencies thereto.
"Director" means the duly appointed and acting Director of the Department or during any period of time that the position of Director is vacant; such term shall refer to the person serving as the acting director.
"District" means as defined in 62 O.S §853.
"EIN" or "FEI" means Federal Employer Identification Number.
"Local Development Act" is set forth at 62 O.S. §§ 850 - 869.
"Local governmental entity" means a county, city or town forming an incentive district or an increment district pursuant to the provisions of the Local Development Act. [62 O.S. § 841(10)]
"Project Area" means as defined in 62 O.S. §853.
"Retail leasable space" means space intended for retail purposes and shall include, but not be limited to, points of sales, aisles, display areas, storage and warehouse space to support the retail purposes.
"TIF" means Tax Increment Financing as authorized by the Local Development Act.
Added at 22 Ok Reg 1054, eff 5-26-05; Amended at 26 Ok Reg 87, eff 10-17-08 (emergency); Amended at 26 Ok Reg 1013, eff 5-12-09; Amended at 28 Ok Reg 635, eff 5-12-11
