« Return to search form

Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

Effected JurisdictionOklahoma
Jurisdiction type: State
Fiscal year ending In2018
Program nameOklahoma Quality Jobs Programs
Program purpose: Job Creation/Retention
Statutory authority: 68 Oklahoma Statute § 3601, § 3901, § 3911-3920
Abating jurisdiction(s): State of Oklahoma
Applicable taxes(not specified)
Method of abatement: Tax Rebate
Provisions for recapture: A company that participates in the Oklahoma Quality Jobs Program but fails to maintain a business presence in the state of Oklahoma within three years of start date must repay all program benefits received and may not re-apply for the program for one year following dismissal.
Gross revenue loss: $60,085,000
Reimbursement / offset: $0
Net revenue loss: $60,085,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://oklahoma.gov/omes/services/accounting-reporting/acfr-archives.html