§ 68-3909. Establishment receiving incentive payment and its contractors and subcontractors ineligible to receive certain tax credits and exemptions.  


Latest version.
  • Notwithstanding any other provision of law, if a qualified establishment receives an incentive payment pursuant to the provisions of this act, neither the qualified establishment nor its contractors or subcontractors shall be eligible to receive the credits or exemptions provided for in the following provisions of law in connection with the activity for which the incentive payment was received:

    1.  Paragraphs 16 and 17 of Section 1357 of this title;

    2.  Paragraph 8 of Section 1359 of this title;

    3.  Section 2357.4 of this title;

    4.  Section 2357.7 of this title;

    5.  Section 2-11-303 of Title 27A of the Oklahoma Statutes;

    6.  Section 2357.22 of this title;

    7.  Section 2357.31 of this title;

    8.  Section 54003 of this title;

    9.  Section 54006 of this title;

    10.  Section 625.1 of Title 36 of the Oklahoma Statutes; or

    11.  Subsections C and D of Section 2357.59 of this title.

Added by Laws 1997, c. 419, § 9, eff. Jan. 1, 1998.  Amended by Laws 2008, c. 406, § 8, eff. Nov. 1, 2008.