Statutes, codes, and regulations
Oklahoma Administrative Code
Title 150 - Oklahoma Department of CommerceChapter 65 - Oklahoma Quality Jobs Program
Subchapter 11 - 21 st Century Quality Jobs Incentive Act
Section 150:65-11-4 - Origination fees

Okla. Admin. Code § 150:65-11-4

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Current through Vol. 42, No. 7, December 16, 2024
Section 150:65-11-4 - Origination fees

The Department shall charge an origination fee for each approved 21st Century Contract. The fee shall be deducted from the first incentive payment payable by the Commission. The fee shall be $2,500 per contract where the 21st Century Contract Incentive is less than $10,000,000; $5,000 per contract where the 21st Century Contract Incentive is at least $10,000,000 and no more than $50,000,000; and $7,500 per contract where the 21st Century Contract Incentive is more than $50,000,000.

Okla. Admin. Code § 150:65-11-4

Added at 27 Ok Reg 283, eff 11-2-09 (emergency); Added at 27 Ok Reg 1121, eff 6-1-10