Agenda for Wednesday’s Task Credit Task Force Meeting
The tax credit task force is meeting again Wednesday at the state Capitol. The meeting starts at 10 a.m. in the House Chamber.
StateImpact Oklahoma will be liveblogging the meeting, so tune in here or follow @StateImpactOK on Twitter for a stream of the important bits.
On the agenda for tomorrow’s meeting is a discussion of the following:
Capital Investment Board Tax Credits
Supports the funding of venture capital pools that meet the guidelines of the Oklahoma Capital Investment Board, which encourages venture capital funding of Oklahoma companies.
Small Business Venture Capital Formation Incentive
Offers a 20 percent tax credit for investment in business located in metro areas.
Rural Venture Capital Formation Incentive
Provides a 30 percent tax credit for investment in business located in rural areas.