Okla. Stat. tit. 68, § 68-4210
This is the official text of Okla. Stat. tit. 68, § 68-4210, part of Oklahoma’s Stat. tit. 68, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 68,." Browse the sections below, each linked to its official government source.
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Five-year performance review – Written report
Official statutory text
A. The Oklahoma Department of Commerce shall, using its own
resources or through a contract with a service provider, conduct a
five-year performance review of the Oklahoma Quality Investment Act.
The performance review may include measures of economic productivity
in areas or regions affected by the business activity of any
recipient of a payment authorized pursuant to this act. Such
measures of economic productivity may include, but shall not be
Oklahoma Statutes - Title 68. Revenue and Taxation Page 1491
limited to, total payroll statistics, business activity supported by
the business activity of the payment recipients, growth in property
tax values attributable to capital expansion, growth in state or
local tax sources attributable to capital expansion, increased
investment activity by other business entities, business site
location inquiries related to the business activity of a recipient
or such other indicators of the net benefits to the State of
Oklahoma or an economic region as the Department of Commerce or its
service provider may select.
B. The results of the five-year performance review shall be
provided in a written report to be submitted not later than January
31, 2012, and not later than January 31 each successive five-year
period covering the results of performance measurement of the
Oklahoma Quality Investment Act as conducted pursuant to subsection
A of this section. The first such report shall only be required to
address the performance measures for the period of July 1, 2006,
through December 31, 2011. The report shall be provided to the
Governor, the Speaker of the Oklahoma House of Representatives, the
President Pro Tempore of the State Senate and to each member of the
Quality Investment Committee.
C. The Quality Investment Committee shall use the results of
the five-year performance report in making determinations required
of it pursuant to the Oklahoma Quality Investment Act.
resources or through a contract with a service provider, conduct a
five-year performance review of the Oklahoma Quality Investment Act.
The performance review may include measures of economic productivity
in areas or regions affected by the business activity of any
recipient of a payment authorized pursuant to this act. Such
measures of economic productivity may include, but shall not be
Oklahoma Statutes - Title 68. Revenue and Taxation Page 1491
limited to, total payroll statistics, business activity supported by
the business activity of the payment recipients, growth in property
tax values attributable to capital expansion, growth in state or
local tax sources attributable to capital expansion, increased
investment activity by other business entities, business site
location inquiries related to the business activity of a recipient
or such other indicators of the net benefits to the State of
Oklahoma or an economic region as the Department of Commerce or its
service provider may select.
B. The results of the five-year performance review shall be
provided in a written report to be submitted not later than January
31, 2012, and not later than January 31 each successive five-year
period covering the results of performance measurement of the
Oklahoma Quality Investment Act as conducted pursuant to subsection
A of this section. The first such report shall only be required to
address the performance measures for the period of July 1, 2006,
through December 31, 2011. The report shall be provided to the
Governor, the Speaker of the Oklahoma House of Representatives, the
President Pro Tempore of the State Senate and to each member of the
Quality Investment Committee.
C. The Quality Investment Committee shall use the results of
the five-year performance report in making determinations required
of it pursuant to the Oklahoma Quality Investment Act.
Status: in_force · Read it on the official government site
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