{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-1370.2a","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-1370.2A","heading":"Counties with population of more than 300,000 - Sales","body":"tax - Acquisition and development of qualified manufacturing\n\nfacilities.\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 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 acquisition and development\n\nof qualified manufacturing facilities, related machinery and\n\nequipment and any necessary infrastructure changes or improvements\n\nrelated to such facilities located within the county to be owned by\n\nthe county, any municipality within the county or a public trust in\n\nwhich the county or municipality is a beneficiary. However, such\n\nmunicipality or public trust shall hold such title for the use and\n\nbenefit of the residents of the entire county in which the tax is\n\nlevied and collected. The acceptance by the municipality or public\n\ntrust of any title or tax proceeds shall be deemed an acceptance of\n\nthis requirement. The board of county commissioners of any county\n\nthat has approved the imposition of a sales tax pursuant to this\n\nsection may not commence the collection of any such sales tax until\n\na qualified manufacturing facility has signed an agreement to locate\n\nsuch facility within the county. As used in this paragraph,\n\n\"qualified manufacturing facility\" means a new or expanding facility\n\nprimarily engaged in manufacturing, production and/or assembly of\n\nconsumer or other products, whether or not on a factory basis, whose\n\ntotal cost of acquisition and construction exceeds the sum of\n\nFifteen Million Dollars ($15,000,000.00) and which will employ at\n\nleast one thousand (1,000) new full-time-equivalent employees, as\n\ncertified by the Employment Security Commission within three (3)\n\nyears after the completion of the 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 in the\n\nmanner provided by law for county elections;\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 related to the acquisition and construction of the\n\nqualified manufacturing facility, related machinery and equipment\n\nand any necessary infrastructure changes or improvements directly\n\nrelated 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":"d2e62ae0e0afa9887bc3dca768fd9880589990c46f4f5738923d1e06d2053ae9","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-1370.2","next":"us-ok/okla.-stat.-tit.-68-68-1370.3"},"notice":"GroundRules: Original legal text. Not legal advice."}