us-ok/stat
Okla. Stat. tit. 68, § 4502
Legislative intent
It is the intent of the Legislature that:
# 1.
The State of Oklahoma provide appropriate incentives to attract growth industries and sectors that employ remote workers to Oklahoma through a policy of rewarding businesses with a highly skilled, knowledge-based workforce;
# 2.
The Oklahoma Department of Commerce and the Oklahoma Tax
Commission implement the provisions of this act and exercise all powers as authorized in this act. The exercise of powers conferred by this act shall be deemed and held to be the performance of essential public purposes; and
# 3.
Nothing herein shall be construed to constitute a guarantee or assumption by the State of Oklahoma of any debt of any individual, company, corporation or association nor to authorize the credit of the State of Oklahoma to be given, pledged or loaned to any individual, company, corporation or association.
Amendment history
Added by Laws 2021, c. 225, § 2, eff. July 1, 2021.
Source: view the official text
Nearby sections (25 sections)
- 4307 · Maximum total payments
- 4308 · Payment of incremental sales tax revenues
- 4309 · Promulgation of rules
- 4310 · Annual report
- 4311 · Contract, memorandum of understanding, other agreement -…
- 4401 · Short title
- 4402 · Legislative findings
- 4403 · Definitions
- 4404 · Boundary designation - Amount of sales tax revenue - Affected…
- 4405 · Sales tax, distribution of revenue, applicability of act
- 4406 · Remission of sales tax revenues - Maintenance and development of…
- 4501 · Short title - Oklahoma Remote Quality Jobs Incentive Act
- 4502 · Legislative intent
- 4503 · Definitions – Proxy establishments to provide proof of basic…
- 4504 · Incentive payments to proxy establishments
- 4505 · Oklahoma Remote Quality Jobs Incentive Payment Fund
- 4506 · Claims for incentive payments - Qualifications
- 4507 · Tax credits and exemptions excluded
- 4508 · Promulgation of rules
- 4509 · Violations - Penalties
- 4510 · Triennial report on job creation and fiscal analysis
- 5001 · Repealed by Laws 1988, c. 162, § 165, eff. January 1, 1992 and…
- 5002 · Repealed by Laws 1988, c. 162, § 165, eff. January 1, 1992 and…
- 5003 · Repealed by Laws 1988, c. 162, § 165, eff. January 1, 1992 and…
- 5004 · Repealed by Laws 1988, c. 162, § 165, eff. January 1, 1992 and…