- (a) An Enterprise Zone, as defined by 62 O.S. §690.2, is eligible for designation as a Priority Enterprise Zone, as defined by 62 O.S. §690.2, if it is located within a Federal Opportunity Zone.
(b) The Department shall use the following criteria for selection of Priority Enterprise Zones:
- (1) The degree of need;
- (2) Likelihood of success in attracting new economic growth;
- (3) Evidence of local commitment; and
- (4) Any other criteria the Director deems appropriate.
- (c) The Priority Enterprise Zone status shall stay in effect as long as the Federal Opportunity Zone is in effect.
Revoked at 19 Ok Reg 2634, eff 7-11-02
Added at 36 Ok Reg 463, eff 5-3-19 (emergency)
Added at 37 Ok Reg 1041, eff 9-11-20