Okla. Admin. Code § 710:85-11-8

Current through Vol. 42, No. 7, December 16, 2024

Section 710:85-11-8 - Limitation on incentive payments

(a) No claim for an incentive payment shall be honored if the report for the first complete calendar quarter is not submitted to the Commission within three (3) years from the start date designated by the Department.

(b) An establishment that does not meet the wage and new jobs requirements of §3914(C) within twelve (12) quarters of the date its application is approved shall be ineligible to receive additional incentive payments;

(c) An establishment, after the creation of ten new direct jobs, that does not meet the minimum wage and job requirements for a calendar quarter shall be ineligible to receive an incentive payment for that quarter;

(d) An establishment, after the creation of ten (10) new direct jobs, which does not meet the minimum wage and job requirements for four (4) consecutive quarters shall be ineligible to receive any further incentive payments. [See: 68 O.S. § 3915 ]

Okla. Admin. Code § 710:85-11-8

Added at 27 Ok Reg 2357, eff 7-11-10