Opportunity and Enterprise Zones (Oklahoma)
Last modified on February 12, 2015.
|Applies to States or Provinces||Oklahoma|
|Name||Opportunity and Enterprise Zones (Oklahoma)|
|Policy Category||Financial Incentive|
|Policy Type||Enterprise Zone|
|Affected Technologies||Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wind energy|
|Program Administrator||Oklahoma Department of Commerce|
|Information Source||http://okcommerce.gov/data-and-research/incentives-maps/#jump_764, http://okcommerce.gov/assets/files/incentives/Oklahoma_Business_Incentives_and_Tax_Guide.pdf|
Opportunity and Enterprise Zones provide enhanced financial incentives for businesses located in such zones aimed at stimulating economic expansion in rural and disadvantaged communities Opportunity Zones are those census tracts in which, according to the most recent federal decennial census, at least 30% of the residents have an annual gross household income from all sources below the poverty guidelines established by the US Department of Health and Human Services. Enterprise Zones can be designated in disadvantaged counties, cities or portions of cities. The Oklahoma Department of Commerce designates enterprise zones and publishes lists of eligible counties, cities and census tracts.
|Contact Name||Martin Roberts|
|Department||Oklahoma Department of Commerce|
|Division||Opportunity and Enterprise Zones|