“The time to make the investment is now,” said Rep. Supporters, from both sides of the aisle as well, pointing out the State’s successes in giving economic incentive to Goodyear in the 70s, the Thunder in the 2000s and the film industry in recent years. “Consider how this is going to impact seven generations down the line,” said Rep. “Prosperity begets more prosperity, because a rising tide lifts all boats,” said Rep. Others are worried recent development has only been fostered in the northeastern part of Oklahoma. Opponents, specifically from the proposed factory district, citing issues of existing worker shortages in the state. “It’s immoral to give tax dollars away to a corporation that doesn’t need it or a business model that doesn’t deserve it,” said Rep.
“Do we really want to bring people to this state that must be bribed to come here?” said Rep. Opposition coming from expected and unexpected sources. “This administration doesn’t have a particularly strong track record on negotiating on behalf of Oklahoma,” said Rep. Governor tries to lure electric vehicle companies to Oklahoma, asks lawmakers for more incentives Those hundreds of millions would come out of taxpayer dollars left over in this year’s general fund. HB 4455 or “The Lead Act” would allow for a company that spends over $3.6 billion in Oklahoma and meets certain hiring numbers to get tax rebates that could be $698 million, paid over a 5 year run. “It gives the same incentive that they were looking for, but it structures it in such a way that it protects the state,” said Rep. The new bill, not even a day old, isn’t exactly what the Governor outlined to the press on Monday. “We are going to go after that new technology,” said Gov. On Monday, Governor Kevin Stitt wouldn’t say company names on the record, but asked the state legislature for increased financial incentives to bring in businesses like Panasonic and Canoo. We are talking about 4,000 jobs and putting Oklahoma on the map when it comes to tech companies,” said Rep.
“We are talking about the 2nd largest manufacturing plant in North America. Stitt to incentivize companies moving to Oklahoma House advances “mega deal” bill touted by Gov.
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