Okla. Stat. tit. 74, § 74-5062.32: Definitions

As used in the Military Base Protection and Expansion Incentive

Act:

1. “Authority” means the Oklahoma Development Finance

Authority;

2. “Capital project” means the acquisition, construction,

expansion, replacement, or renovation of a municipal, county or

school district facility, including real property, buildings, and

other fixed assets. Capital project shall not include furnishings

or equipment that is not a fixed asset; and

3. “Qualified issuer” means a municipality, county, school

district, or public trust of which a municipality, county or school

district is the beneficiary that:

a. is located in or adjacent to a county that is home to

a military installation receiving military or mission

expansion from the 2005 Base Realignment and Closure

Commission (BRAC) recommendations, and

b. encompasses all or part of a school district that is

entitled to receive federal impact aid dollars or

federal payment in lieu of tax dollars for the most

recently completed school year.