Oklahoma Administrative Code
Title 150 - Oklahoma Department of Commerce
Chapter 35 - Enterprise Zones
Subchapter 9 - Incentives
Section 150:35-9-2 - Priority enterprise zone incentives
Universal Citation: OK Admin Code 150:35-9-2
Current through Vol. 42, No. 1, September 16, 2024
(a) An Enterprise Zone, as defined by 62 O.S. §690.2, is eligible for designation as a Priority Enterprise Zone, as defined by 62 O.S. §690.2, if it is located within a Federal Opportunity Zone.
(b) The Department shall use the following criteria for selection of Priority Enterprise Zones:
(1) The degree of need;
(2) Likelihood of success in attracting new
economic growth;
(3) Evidence of
local commitment; and
(4) Any other
criteria the Director deems appropriate.
(c) The Priority Enterprise Zone status shall stay in effect as long as the Federal Opportunity Zone is in effect.
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