Current through Vol. 42, No. 1, September 16, 2024
(a) The Department
may require establishments to provide any of the following information in order
to determine eligibility under the provisions of the Oklahoma Quality Jobs
Program Act, 68 O.S. Supp. 1993, Section 3601, et seq:
(1) NAICS code number;
(2) Business plans;
(3) Feasibility studies;
(4) Financing proposals;
(5) OESC Form 3 or its electronic
equivalent;
(6) OTC Income Tax
Withholding form;
(7) Financial
statements or sales contracts;
(8)
Marketing plans;
(9) Registration
with the Oklahoma Secretary of State;
(10) Registration with OESC;
(11) Registration with the Commission;
and
(12) Application for a
Manufacturing Sales Tax Exemption, if applicable.
(b) Additional information that the
Department may consider in evaluating eligibility may include, but shall not be
limited to:
(1) Industry trends;
(2) Service Contracts in place or anticipated
of establishments and of both the subunit establishment and the entity of which
it is a part, if applicable. In considering this factor, the Department may
require information such as length of contracts, likelihood of extension, track
record or historical data regarding receipt of contracts and retention of them
if subject to renewal;
(3)
Historical data on management in place;
(4) Organization structure of the
establishment and any related business or governmental entities and the nature
of the relationships; particularly, the Department may inquire whether any
establishment files a joint tax return with any of its related
entities;
(5) Likelihood of job
shifting or utilization of employees of the entity of which the subunit is a
part or within a combination or amongst other related entities of an
establishment and the percentage of employees affected;
(6) Expansion of existing markets;
(7) Extension of existing product
line;
(8) labor market;
and
(9) other relevant
information.
(c) All
materials described in (a) and (b) of this section may be kept confidential by
the Department pursuant to the terms of its exemptions contain in the Oklahoma
Open Records Act.
(d) The
Department may require establishments approved to receive incentive payments to
provide any information necessary in order to administer the program and
prepare program reports.
Added at 10 Ok Reg 4723,
eff 9-17-93 (emergency); Added at 11 Ok Reg 3671, eff 7-15-94; Amended at 12 Ok
Reg 19, eff 9-29-94 (emergency); Amended at 12 Ok Reg 1339, eff 5-25-95;
Amended at 22 Ok Reg 1727, eff 6-25-05
