From Site Selection magazine, November 2001
STATE LEGISLATIVE ACTIVITY
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Oklahoma
Pending Right to Work legislation
"Oklahoma Film Enhancement Rebate Program" provides 15% rebate to movie production companies making films in state.
Created 7 member International Trade Legislative Advisory Committee to study and recommend reforms that will increase international trade activities.
Governor: Frank Keating (R) 405-521-2342
Legislature enacted several tax incentives to make electronic commerce investments and rural infrastructure more attractive.
Created tax exemption for businesses that invest in counties with high unemployment and low per capital income (pending governor's signature).
Extended until Dec. 31, 2004, the sunset date for the Rural Enterprise Zone Property and Income Tax Incentives Programs.
Governor: John A. Kitzhaber (D) 503-378-3111
Early Stage Partners Program, a $50 million public/private venture capital fund and a budget proposal initiative.
Gov. Tom Ridge announced Brain Gain Initiative, which includes $10 million for a "Stay Invent the Future" marketing campaign geared towards keeping young workers employed within the state.
The Renaissance Education Program launched as part of Gov. Ridge's Education Empowerment Act to help the state's under-performing schools.
Governor:Mark Schweiker (R) 717-787-2500
Proposed bill before U.S. Congress, which focuses on a special initiative to promote amendments to the IRS code to secure more favorable federal tax conditions for US-based companies operating in Puerto Rico.
Techno-Economic Corridor (TEC) non-profit alliance of government, industry and academia on the western end of the island to promote high-tech industries.
Port of the Americas - located on the south end of the island - construction to begin in 2002, will be one of the largest ports in the world.
Governor: Pedro Rossello Gonzalez
$4 million in loan funds were made available to small businesses through Rhode Island Small Business Loan Corp.
Tax credits for the re-use of Rhode Island historic structures enables business to receive 30 percent tax credit for project involving certified historic buildings.
Gov. Lincoln Almond asked General Assembly for $2.5 million for a study on a compact container terminal facility at Quonset Davisville Port.
Governor: Lincoln Almond (R) 401-277-2080
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