Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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
Latest version.
- (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.