Oklahoma § 68-3657 - Quality Jobs Program Incentive Leverage Fund
Full text of Oklahoma Oklahoma Statutes § 68-3657 — Quality Jobs Program Incentive Leverage Fund, with citation guidance and answers to common questions.
§ 68-3657. Quality Jobs Program Incentive Leverage Fund
There is hereby created within the State Treasury a special fund
for the Oklahoma Development Finance Authority to be designated the
“Quality Jobs Program Incentive Leverage Fund”. All amounts
deposited into the fund shall be used and expended by the Oklahoma
Development Finance Authority solely for the purposes and in the
amounts authorized by the Oklahoma Quality Jobs Incentive Leverage
Act. The Oklahoma Development Finance Authority is hereby
specifically authorized and directed to use the monies transferred
from the Quality Jobs Program Incentive Leverage Fund for the
payment of principal, interest and other costs associated with the
issuance of obligations pursuant to the provisions of this act. The
Oklahoma Development Finance Authority shall establish separate
accounts within the Quality Jobs Program Incentive Leverage Fund as
may be required to separately record transactions involving each
establishment that files an irrevocable election or second
irrevocable election pursuant to Section 3658 of this title and to
provide for the deposit of incentive payments, if applicable, and
withholding taxes apportioned to the Fund pursuant to Section 3659
of this title or for such other purposes as the Authority may
determine to be necessary.
Added by Laws 2002, c. 299, § 7, emerg. eff. May 23, 2002. Amended
by Laws 2008, c. 182, § 6, eff. Nov. 1, 2008.
Oklahoma Statutes - Title 68. Revenue and Taxation
Frequently Asked Questions About Oklahoma § 68-3657
What does Oklahoma Statutes § 68-3657 cover?
Section 68-3657 ("Quality Jobs Program Incentive Leverage 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 § 68-3657?
A common citation format is "Oklahoma Statutes § 68-3657" (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 § 68-3657 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.