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Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

For a list of Oklahoma economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. 3911): This incentive was created to attract growth industries and sectors to Oklahoma in the 21st Century. For more information, contact the Oklahoma Department of Commerce.

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Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The updated Oklahoma incentives guide is brought to you by Real Street Expo , a new event sponsored by Business Facilities and Today’s Facility Manager magazines. For a list of Oklahoma economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide.

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Investors Are Taking Over Southern Housing Markets

Pro Builder

Investors account for over a quarter of all home purchases in some popular housing markets, and first-time buyers can't compete. The largest investors flocked to southern states like Texas, where they accounted for 28% of all home sales in 2021, Realtor.com reports. Investors Are Taking Over Southern Housing Markets.

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LOCATION FOCUS: Sooner or Later You’ll Choose Oklahoma

Buisness Facilities Contributed Content

The incubator program offers affordable space with flexible leases to tenants; a graduated lease package; access to a team of business experts for advice, finance counseling, marketing suggestions, accounting solutions; and a 10-year state income tax exemption.

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Energy Innovation: Solar Energy Solutions Continue to Gain Momentum

Pro Builder

million accounts and 10 million people, but is increasingly harnessing sunshine as a source. Located on 10 acres in a Denver suburb, it serves some 500 low-income homes. . With 18 major solar plants operating already, FPL has begun building 10 solar energy centers with a goal of 30 million panels installed and operating by 2030.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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