Okla. Stat. tit. 68, § 68-4103: Definitions

For purposes of the Oklahoma Specialized Quality Investment Act:

1. “Capital costs” means costs for land, buildings,

improvements to buildings, fixtures and for machinery, equipment and

other personal property used in and for the manufacturing process

incurred by a qualified establishment, on or after the effective

date of this act, with respect to the manufacturing site located in

this state and specified in a quality investment agreement;

2. “Department” means the Oklahoma Department of Commerce;

3. “Qualified establishment” means a business entity engaged in

the activity described by Industry Number 3011, Industry Group

Number 301, Major Group 30 of the Standard Industrial Classification

manual, latest revision. No establishment that has been certified

as eligible to participate in the Oklahoma Quality Jobs Incentive

Leverage Act incentive program shall be eligible for any investment

payment pursuant to the Oklahoma Specialized Quality Investment Act.

A qualified establishment shall enter into a quality investment

agrement pertaining to a single manufacturing site as that term is

defined in Section 1352 of this title. No combination of other

locations of an establishment or any related entities of an

establishment shall be included in a quality investment agreement.

An establishment may enter into additional quality investment

agreements for additional sites;

4. “Fiscal year” means the state fiscal year, which shall begin

on July 1 of a calendar year and end on June 30 of the next calendar

year;

5. “Quality investment agreement” means an agreement with

duration, for purposes of computing the total incentive payment

amount, of not more than five (5) years entered into between a

qualified establishment and the Department; and

6. “Start date” means the date on which a qualified

establishment begins accruing benefits because of investment of new

capital costs in a manufacturing site that is designated in a

quality investment agreement with the Oklahoma Department of

Commerce.