Oklahoma § 68-3647.4 - Rebate payment calculation
Full text of Oklahoma Oklahoma Statutes § 68-3647.4 — Rebate payment calculation, with citation guidance and answers to common questions.
§ 68-3647.4. Rebate payment calculation
A. Subject to the approval and ongoing review of the
eligibility application by the Oklahoma Department of Commerce, the
ROA-25 investment rebate payment authorized by this act shall be
equal to one-fifteenth (1/15) of the payout value of the financial
instrument purchased or acquired pursuant to Section 5 of this act;
ROA-25 investment rebate payments in the same amount shall be
allowed in each of the fifteen (15) subsequent years, provided the
Department has verified that the establishment remains eligible for
such payment in each successive year based on the eligibility
criteria of this act.
B. The Oklahoma Department of Commerce is authorized to
conditionally pre-qualify and account for anticipated future ROA-25
investment rebate payments. The Oklahoma Department of Commerce
shall not pre-qualify ROA-25 investment rebate payments, encumber
funds, pre-encumber funds, or otherwise allocate resources in any
way that would result in the allocation of ROA-25 investment rebate
payments in excess of the anticipated accumulation of available
funds in the ROA-25 Beneficiary Revolving Fund.
Added by Laws 2025, c. 309, § 4.
Frequently Asked Questions About Oklahoma § 68-3647.4
What does Oklahoma Statutes § 68-3647.4 cover?
Section 68-3647.4 ("Rebate payment calculation") 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 § 68-3647.4?
A common citation format is "Oklahoma Statutes § 68-3647.4" (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 § 68-3647.4 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.