Oklahoma Administrative Code
Title 710 - Oklahoma Tax Commission
Chapter 10 - AD Valorem
Subchapter 13 - Valuation Exclusion for Desulphurization Equipment
Section 710:10-13-2 - Requirements for qualification of certain assets for valuation exclusion

Universal Citation: OK Admin Code 710:10-13-2

Current through Vol. 42, No. 1, September 16, 2024

An eligible facility must be one which:

(1) Is a "facility, device or method for the desulphurization of gasoline or diesel fuel"including any device or method for the desulphurization of gasoline or diesel fuel, including any structure, building, installation, excavation, machinery, equipment, or device and any attachment or addition to, or reconstruction, replacement, or improvement of that property, that is used, constructed, acquired, or installed on or after January 1, 2003; and

(2) Is used, constructed, acquired or installed wholly or partly to meet or exceed rules adopted by the Oklahoma Environmental Quality Board or by the United States Environmental Protection Agency with respect to any program which has been delegated to the Department of Environmental Quality for the prevention, monitoring, control, or reduction of the amount of sulfur in gasoline or diesel fuel. 68 O.S. § 2817.3

Added at 21 Ok Reg 2563, eff 6-25-04

Disclaimer: These regulations may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.