Oklahoma § 74-5075 State income tax exemption for sponsor.

Oklahoma Statutes

§ 74-5075 — State income tax exemption for sponsor.

Oklahoma § 74-5075

Title 74State Government

This text of Oklahoma § 74-5075 (State income tax exemption for sponsor.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 74, § 74-5075 (2026).

Text

A.For tax years ending before January 1, 2020, income earned by a sponsor from rental fees, service fees or any other form of payment for services provided to a tenant as an operator of an incubator, or for providing funding for such a facility, shall be exempt from state income tax for a period not to exceed ten (10) years from the date of the tenant's occupancy in an incubator.

B.The Oklahoma Tax Commission shall promulgate rules and regulations to implement the provisions of this section.

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A. For tax years ending before January 1, 2020, income earned by a sponsor from rental fees, service fees or any other form of payment for services provided to a tenant as an operator of an incubator, or for providing funding for such a facility, shall be exempt from state income tax for a period not to exceed ten (10) years from the date of the tenant's occupancy in an incubator. B. The Oklahoma Tax Commission shall promulgate rules and regulations to implement the provisions of this section.