Oklahoma § 68-3605 - Quality Jobs Program Incentive Payment Fund
Full text of Oklahoma Oklahoma Statutes § 68-3605 — Quality Jobs Program Incentive Payment Fund, with citation guidance and answers to common questions.
§ 68-3605. Quality Jobs Program Incentive Payment Fund
There is hereby created within the State Treasury a special fund
for the Oklahoma Tax Commission to be designated the "Quality Jobs
Program Incentive Payment Fund". The Oklahoma Tax Commission is
hereby authorized and directed to withhold a portion of the taxes
levied and collected pursuant to Section 2355 of Title 68 of the
Oklahoma Statutes for deposit into the fund. The amount deposited
shall equal the sum of an amount determined by multiplying the net
benefit rate provided by the Department of Commerce by the gross
payroll as determined pursuant to the provisions of subsection A of
Section 6 of this act. All of the amounts deposited in such fund
shall be used and expended by the Tax Commission solely for the
purposes and in the amounts authorized by the Oklahoma Quality Jobs
Program Act. The liability of the State of Oklahoma to make the
Oklahoma Statutes - Title 68. Revenue and Taxation
incentive payments under this act shall be limited to the balance
contained in the fund created by this section.
Added by Laws 1993, c. 275, § 5, eff. July 1, 1993.
Frequently Asked Questions About Oklahoma § 68-3605
What does Oklahoma Statutes § 68-3605 cover?
Section 68-3605 ("Quality Jobs Program Incentive Payment Fund") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 68-3605?
A common citation format is "Oklahoma Statutes § 68-3605" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 68-3605 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.