Oklahoma Quality Jobs Program Act

This act establishes a state-administered economic development incentive that pays cash rebates to qualifying employers in exchange for creating new jobs meeting defined wage and quality standards. It sets out an application and approval process leading to a rebate contract, defines the terms governing eligibility, and provides for claims, verification, payment, and repayment of amounts wrongly received. It also bars participating employers from stacking certain other tax credits and exemptions on the same activity, authorizes rulemaking to administer the program, and imposes penalties for false or fraudulent applications and claims.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.