Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 710. Oklahoma Tax Commission |
Chapter 95. Miscellaneous Areas of Regulatory and Administrative Authority |
Subchapter 21. Quality Events |
SECTION 710:95-21-3. Quality event requirements, limitations and eligibility
Latest version.
- (a) Designation of quality event. For purposes of this Subchapter a host community can designate a quality event pursuant to the adoption by the governing body of the host community an ordinance or resolution which must contain designation of the following:(1) The dates during which a quality event will be hosted; and(2) The type of expenses eligible for payment through distribution of captured revenues to the host community including, but not limited to, advertising, facility rental, promotional materials and security.(b) Designation requirements. The resolution or ordinance must be adopted at least six months prior to the first day of the quality event.(c) Limitations. A host community may only designate one quality event during the timeframe in which a designated quality event will occur.(d) Eligible quality events. Eligibility for qualify event status is available for the following:(1) New events or meetings of a nationally recognized organization or its members,(2) New or existing events that are a national, international or world championship, or(3) New or existing events that are managed or produced by an Oklahoma-based national or international organization.