Incentive defined.

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As used in this act, "incentive" means a tax credit, tax exemption, tax deduction, tax expenditure, rebate, grant, or loan that is intended to encourage businesses to locate, expand, invest, or remain in Oklahoma, or to hire or retain employees in Oklahoma.

Added by Laws 2015, c. 184, § 2, eff. Nov. 1, 2015.


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