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OK SB806

Bill

Official Source

Status

Passed

4/27/2015

Primary Sponsor

Brian Bingman

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • All economic incentive provisions enacted after January 1, 2016, must include a measurable goal or goals.

  • "Incentive" is defined to include tax credits, exemptions, deductions, or rebates affecting state tax liability; grants, loans, or financing programs offered by the state or state-beneficiary public trusts; and state incentive payment programs.

  • The law is codified as Section 46A of Title 62 of the Oklahoma Statutes.

  • The act became effective January 1, 2016.

Legislative Description

Economic incentives; requiring certain provisions to include specified element. Effective date.

Last Action

Approved by Governor 04/27/2015

4/27/2015

Committee Referrals

Appropriations and Budget3/10/2015
Finance2/4/2015

Full Bill Text

No bill text available