Oklahoma governor seeks massive incentives to lure company
April 17, 2022
OKLAHOMA CITY (AP) — Oklahoma Gov. Kevin Stitt on Monday asked state lawmakers to approve a massive package of financial incentives, including tapping into the state's reserve funds, to help lure an unnamed company to the state.
The first-term Republican said he was prohibited by a non-disclosure agreement from naming the company or outlining the total cost of the package. But he hinted that the incentives targeted a company associated with the electric-vehicle industry.
"Tens of billions of dollars are going to be invested over the next five to seven years in this space, and we want Okla...