Okla. Stat. tit. 68, § 68-3634: Conditionally prequalified rebate amount

A. The total amount of rebate payments conditionally pre-

qualified by the Department of Commerce each fiscal year with

respect to any of the incentives authorized pursuant to this act

shall not exceed Thirty Million Dollars ($30,000,000.00). Projects

not conditionally pre-qualified for rebate payments due to the

limitations provided in this section may be conditionally pre-

qualified by the Department in subsequent fiscal years.

B. The amount of rebate payments conditionally pre-qualified by

the Department of Commerce each fiscal year with respect to any of

the incentives authorized pursuant to this act shall not exceed:

1. Seven Million Five Hundred Thousand Dollars ($7,500,000.00)

for production projects with total expenditures of less than Seven

Million Five Hundred Thousand Dollars ($7,500,000.00); and

2. Twenty-two Million Five Hundred Thousand Dollars

($22,500,000.00) for production projects with total expenditures of

Seven Million Five Hundred Thousand Dollars ($7,500,000.00) or more.

C. A production project shall have total expenditures of Fifty

Thousand Dollars ($50,000.00) or more to be eligible for the rebate

payments provided in this act.

D. In any fiscal year if the amount of rebate payments

conditionally pre-qualified by the Department of Commerce are less

than the limitations provided in this section, the excess rebate

payments not utilized shall be added to subsequent fiscal year's

limitation.