Okla. Admin. Code § 150:65-5-5

Current through Vol. 42, No. 7, December 16, 2024

Section 150:65-5-5 - Required information

(a) The Oklahoma Department of Commerce may require establishments to provide any of the following information in order to determine eligibility under the provisions of the Former Military Facility Development Act, 68 O.S. Supp. 1994, Section 3801, et seq:

(1) NAICS code number;

(2) County in which the establishment plans to locate;

(3) Business plans;

(4) Feasibility studies;

(5) Financing proposals;

(6) OESC Form 3 or its electronic equivalent;

(7) OTC Income Tax Withholding form;

(8) Evidence that the property meets the requirements of 68 O.S. Supp. 1994, Section 3801 et seq. and this subchapter;

(9) Industry trends;

(10) Service contracts in place or anticipated;

(11) Historical data on management in place;

(12) Organization structure of the establishment and any related business or governmental entities and the nature of the relationships;

(13) Likelihood of job shifting;

(14) Expansion of existing markets;

(15) Extension of existing product line;

(16) Labor market;

(17) Evidence that there is negotiation being conducted on property meeting the requirements of this subchapter;

(18) Financial statements or sales contracts;

(19) Marketing plans; and

(20) Other relevant information.

(b) All such materials described in this section may be kept confidential by the Department pursuant to the Open Records Act.

(c) The Department may require establishments approved to receive incentive payments to provide any information necessary in order to administer the program and prepare program reports.

Okla. Admin. Code § 150:65-5-5

Added at 12 Ok Reg 19, eff 9-29-94 (emergency); Added at 12 Ok Reg 1339, eff 5-25-95; Amended at 24 Ok Reg 1202, eff 5-25-07