News Main Menu Bar Link to main page Link to Senators Link to Legislation Link to Schedule Link to Committees Link to Publications Link to News Link to Staff
News Navigation Menu Audio Clips OETA Capitol Coverage Podcasts Senator Photos Week In Review Press Releases Main Senate page. Find Your Senator Senate Votes
 

Oklahoma State Senate
Co-President Pro Tempore
Senator Glenn Coffee, R-Oklahoma City
State Capitol Room 418
Oklahoma City, Oklahoma 73105
(405) 521-5636

Audio clip
Printer-friendly version

For Immediate Release: April 15, 2008

Sen. Glenn Coffee
Sen. Glenn Coffee

Quality Jobs Expansion Passes Senate to Encourage NBA Relocation to Oklahoma

 

Legislation to tweak the Quality Jobs Act to encourage the National Basketball Association to move a professional basketball team to Oklahoma passed the State Senate today. The bill now goes to the House of Representatives for final consideration before going to Gov. Brad Henry.

Senate Bill 1819, by Senate Co-President Pro Tempore Glenn Coffee and House Speaker Chris Benge, allows an NBA franchise to participate in the state’s Quality Jobs Program, which rebates a portion of employees’ income taxes to the state to qualified employers.

“If a NBA franchise comes here it will be a slam dunk for Oklahoma, like getting a major corporation to locate its headquarters here. If a NBA team relocates to Oklahoma, we will be one of only 22 states with a team. It will help raise Oklahoma’s profile nationally and across the world,” stated Coffee, R-Oklahoma City.

“This legislation paves the way for the NBA to come to Oklahoma. The state budget won’t be impacted because the rebates provided for in this bill would come from funds that the state won’t receive at all if the NBA doesn’t locate a team here,” said Coffee.

The incentive would last 15 years and would provide rebates of about $60 million in tax rebates to an NBA team. The funds would be used to help offset an NBA team’s relocation fees and expenses.

For more information contact:
Senator Coffee's Office:  (405) 521-5636

Inon: Horizontal Blue Band

April Press Releases | Press Releases