Oklahoma § 68-4302 - Legislative findings

Full text of Oklahoma Oklahoma Statutes § 68-4302 — Legislative findings, with citation guidance and answers to common questions.

§ 68-4302. Legislative findings

The Legislature finds that certain quality events conducted

within the state have a significant economic impact. In order to

assist with the promotion of such events and to assist the promoters

and organizers of such events with the planning and performance of

such events, the Legislature finds that it is in furtherance of an

essential governmental function to provide a method by which an

eligible municipality or an eligible county may utilize a portion of

the state sales tax revenues derived from taxable transactions

occurring within a designated area to promote certain qualifying

events. The State of Oklahoma has a legitimate interest in economic

Oklahoma Statutes - Title 68. Revenue and Taxation

development related to the occurrence of quality events and the

Legislature finds that the use of state sales tax revenues

authorized by this act provides a method by which the state can

compete successfully in a national and global economy against other

jurisdictions offering similar incentives for such events.

Added by Laws 2010, c. 386, § 2, eff. July 1, 2012.

Frequently Asked Questions About Oklahoma § 68-4302

What does Oklahoma Statutes § 68-4302 cover?

Section 68-4302 ("Legislative findings") 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 § 68-4302?

A common citation format is "Oklahoma Statutes § 68-4302" (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 § 68-4302 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.