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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 150. Oklahoma Department of Commerce |
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Chapter 65. Oklahoma Quality Jobs Program |
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Subchapter 11. 21 st Century Quality Jobs Incentive Act |
SECTION 150:65-11-2. Definitions
Latest version.
- For purposes of this chapter, the following words and terms shall have the following meaning unless the context clearly indicates otherwise."21st Century Contract" means the contract between the applicant and the Oklahoma Department of Commerce that establishes the incentive benefit amount under the 21st Century Quality Jobs Incentive Act."21st Century Contract Incentive" means the amount of the incentive calculated by the Oklahoma Department of Commerce and included in the 21st Century Contract between the applicant and the Oklahoma Department of Commerce."Commission" means the Oklahoma Tax Commission established pursuant to 68 O.S. Section 102 and any successor agencies thereto."Department" means the Oklahoma Department of Commerce established pursuant to 74 O.S. §§ 5001 et seq. and any successor agencies thereto."Director" means the duly appointed and acting Director of the Department or during any period of time that the position of Director is vacant; such term shall refer to the person serving as the acting or interim director.