Okla. Stat. tit. 68, § 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

incentive payments under this act shall be limited to the balance

contained in the fund created by this section.