Federal, State and Local Incentives
Listed below is a summary of Federal, State, and Local incentives available to businesses and industry that locate new facilities in our area.
Choctaw Nation of Oklahoma Partners with Industry, (PWI) Program
Pays fifty, (50) percent of employee salary for up to six months for all Choctaw Nation Members. Other training, medical, and employee assistance are also offered.
Federal Tax Incentives
American Indian Land Usage for Business and American Indian Employment in Oklahoma. Program offers Federal Tax Incentives for businesses that locate in Oklahoma and employ Native American Employees.
Workforce Oklahoma
State of Oklahoma Employment Service-the local office will assist any new business in solicitation, job application processing, and initial pre-employment screening and testing at no cost.
State of Oklahoma, Oklahoma TIP Program
100% free on-site training offered to employees through the state vocational education system. This includes on-going OSHA required safety training. Training program is custom tailored to fit needs of company and focuses on necessary job skills.
State of Oklahoma Quality Jobs Program
5% cash rebate of new payroll for qualifying businesses.
IRS Commercial Property Energy Efficiency Deduction
Federal Tax Deductions for businesses who construct energy efficient compliant buildings.
Oklahoma Natural Gas Energy Consultation
In depth analysis of energy needs and costs related to business energy consumption. Works closely with local, state, and federal economic development entities to assist creation of new business or industry.
Other Incentives
- Five Year Ad Valorem Property Tax Exemption Sales and Use Tax Exemption, (Machinery and Equipment)
- Freeport, (Inventory) Tax Exemption
- Sales and Use Tax Exemption on Goods Consumed in Manufacturing.
- Sales and Use Tax Exemption on Energy used in Manufacturing
