Oklahoma Administrative Code
Title 710 - Oklahoma Tax Commission
Chapter 85 - Various Tax Incentives
Subchapter 1 - Oklahoma Quality Jobs Program
Section 710:85-1-10 - Limitation on incentive payments
Current through Vol. 42, No. 1, September 16, 2024
(a) Ten year limitation from initial claim. No claim for an incentive payment shall be honored if made for a period later than ten (10) years after the quarter for which the qualified establishment's first claim was made.
(b) Ceiling for total payments limited to "estimated net direct state benefits." No claim for an incentive payment shall be honored if payment and other incentive payments made to the qualified establishment exceeds the "estimated net direct state benefits'' established by the Oklahoma Department of Commerce except for establishments subject to 68 O.S. §3603.
Added at 11 Ok Reg 703, eff 11-29-93 (emergency); Added at 11 Ok Reg 3525, eff 6-26-94; Amended at 22 Ok Reg 2249, eff 6-25-05
