SECTION 150:65-5-7. Origination fee

Latest version.

The Oklahoma Department of Commerce shall charge an origination fee of Five Hundred ($500.00) for each approved former military facilities development project incentive offer. The fee shall be due at the time an establishment receives its first incentive payment from the Oklahoma Tax Commission. Upon receipt of the first incentive payment, the establishment shall remit the fee to the Department. [74:5012.1]

[Source: Added at 12 Ok Reg 19, eff 9-29-94 (emergency); Added at 12 Ok Reg 1339, eff 5-25-95]

                    
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