{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-1370.2","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-1370.2","heading":"Counties with population of more than 300,000 - Sales","body":"tax - Use of proceeds - Aircraft maintenance or manufacturing\n\nfacilities - Approval by voters - Time period.\n\nNotwithstanding the provisions of Section 1370 of this title and\n\nin accordance with the provisions of Section 1 of this act, any\n\ncounty of this state with a population of more than three hundred\n\nthousand (300,000) according to the latest Federal Decennial Census\n\nmay levy a sales tax of not to exceed one percent (1%) upon the\n\ngross proceeds or gross receipts derived from all sales or services\n\nin the county upon which a consumer's sales tax is levied by the\n\nstate, except as provided in paragraph 8 of Section 1357 of this\n\ntitle, subject to the following conditions:\n\n1. The proceeds of such sales tax and the interest thereon\n\nshall be used solely for the purpose of development of qualified\n\naircraft maintenance or manufacturing facilities and any necessary\n\ninfrastructure changes or airport improvements directly related to\n\nsuch facilities located within the county to be owned by the county,\n\nany municipality within the county or a public trust in which the\n\ncounty or municipality is a beneficiary. However, such municipality\n\nor public trust shall hold such title for the use and benefit of the\n\nresidents of the entire county in which the tax is levied and\n\ncollected. The acceptance by the municipality or public trust of\n\nany title or tax proceeds shall be deemed an acceptance of this\n\nrequirement. The board of county commissioners of any county that\n\nhas approved the imposition of a sales tax pursuant to this section\n\nmay not commence the collection of any such sales tax until a\n\nqualified aircraft maintenance or manufacturing facility has signed\n\nan agreement to locate such facility within the county. As used in\n\nthis paragraph, \"qualified aircraft maintenance or manufacturing\n\nfacility\" means a new or expanding facility primarily engaged in\n\naircraft repair, building or rebuilding, whether or not on a factory\n\nbasis, whose total cost of construction exceeds the sum of One\n\nHundred Fifty Million Dollars ($150,000,000.00) and which employs at\n\nleast one thousand (1,000) new full-time-equivalent employees, as\n\ncertified by the Employment Security Commission upon completion of\n\nthe facility;\n\n2. Before a sales tax may be levied by the county, the\n\nimposition of the tax shall first be approved by a majority of the\n\nregistered voters of the county voting thereon at a special election\n\ncalled by resolution of the board of county commissioners;\n\n3. The monies collected pursuant to the provisions of this\n\nsection shall only be expended by the board of county commissioners\n\nto finance an amount not to exceed twenty-five percent (25%) of the\n\ntotal cost of construction of the qualified aircraft maintenance or\n\nmanufacturing facility and any necessary infrastructure changes or\n\nairport improvements directly related to such facility; and\n\n4. Such sales tax can only be imposed for a period not to\n\nexceed three (3) years.","path":["OK Code","Title 68"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os68.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"89cd10c30fc47e01f65762979c081a14d7bd00bfb3de22ad20a35af223e821e8","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-1370.11","next":"us-ok/okla.-stat.-tit.-68-68-1370.2a"},"notice":"GroundRules: Original legal text. Not legal advice."}