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OK
Oklahoma Investment/New Jobs Tax Credit – Clean Energy Manufacturing
Five-year state tax credit for clean energy and renewable energy product manufacturers in Oklahoma investing in depreciable property or creating new full-time jobs, with enhanced credits in Enterprise Zones.
About this program
Visit the program website for full details.
Eligibility
Clean energy manufacturers investing in new depreciable property ($50,000 minimum) or creating new full-time equivalent manufacturing jobs. Credit is 1% per year of investment or $500 per new job, doubled in Enterprise Zones.
Requirements
- Minimum $50,000 investment in new depreciable property
- Must be engaged in manufacturing or processing activities including clean energy products
- Enhanced credit available in Enterprise Zones or when investment exceeds $40 million