{"data":{"id":"us-ok/okla.-stat.-tit.-62-62-865","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 62, § 62-865","heading":"Agreement between other local taxing entity and governing","body":"body.\n\nA. In accordance with the requirements of Section 6C of Article\n\nX of the Oklahoma Constitution, the tax incentives or exemptions\n\ngranted pursuant to the provisions of Section 860 of this title\n\nshall only be allowed for that portion of the tax under jurisdiction\n\nof another local taxing entity by written agreement between said\n\nother local taxing entity and the governing body of the city, town\n\nor county.\n\nB. In order for the tax incentives or exemptions to be granted\n\nfor that portion of the tax under the jurisdiction of each taxing\n\nentity within the district, the governing body of the taxing entity\n\nmust adopt the agreement provided for in subsection A of this\n\nsection upon a majority vote of those members eligible to vote as\n\ndetermined by Section 857 of this title. Action on the agreement by\n\nthese governing bodies must occur within sixty (60) days after the\n\ngoverning body of the city, town or county submits the proposed\n\nagreement to the governing bodies of such taxing entities.","path":["OK Code","Title 62"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os62.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"d38ca9f1aced8184c72349ecee21f1d113ef8d45e0be9eb6ca55a825055a040b","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-62-62-864","next":"us-ok/okla.-stat.-tit.-62-62-866"},"notice":"GroundRules: Original legal text. Not legal advice."}