SECTION 150:35-9-2. Priority enterprise zone incentives

Latest version.

(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.

[Source: Revoked at 19 Ok Reg 2634, eff 7-11-02; Added at 36 Ok Reg 463, eff 5-3-19 (emergency); Added at 37 Ok Reg 1041, eff 9-11-20]

                    
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