Okla. Admin. Code § 150:170-1-2
In addition to those terms defined elsewhere in this chapter, and the terms defined in 68 O.S. § 2357.105, the following words and terms when used in this subchapter shall have the following meaning unless the context clearly indicates otherwise.
"Economic development organization" means an organization acting to promote economic development and can act as a project sponsor. These include but are not limited to, Chambers of Commerce, Regional Economic Development entities, and Main Street organizations. All economic development organizations must be organized under Section 501(c)(3) of the Internal Revenue Code, 26 U.S.C..
"Economic development zone" means any zone, including Enterprise Zones, state and federal Opportunity Zones, identified for economic development.
"Eligible entity" means an incorporated business entity that is located in the state with a qualifying project in a qualifying project location that receives an allocation of tax credits for qualified economic development and qualified initial infrastructure expenditures. The business entity must be incorporated in any state but must be located in the state to satisfy this definition.
"Qualified industrial park" means an industrial park in counties with less than 100,000 people which is owned, managed, or operated by cities, independent entities, or economic development authorities. A city or economic development authority that owns, manages, or operates the industrial park may also apply on behalf of the industrial park as the project sponsor.
Okla. Admin. Code § 150:170-1-2