Note: The act requires information be made available on the venture Capital companies and the programs, not the actual investors the program is designed to attract.
SECTION 2. AMENDATORY 68 O.S. 2001, Section 205, as last amended by Section 1, Chapter 281, O.S.L. 2006 (68 O.S. Supp. 2006, Section 205), is amended to read as follows:
Section 205. C.27. The disclosure of information, as prescribed by this paragraph, which is related to the proposed or actual usage of tax credits pursuant to Section 2357.7 of this title, the Small Business Capital Formation Incentive Act or the Rural Venture Capital Formation Incentive Act. Unless the context clearly requires otherwise, the terms used in this paragraph shall have the same meaning as defined by Section 2357.7, 2357.61 or 2357.72 of this title. The disclosure of information authorized by this paragraph shall include:
a. the legal name of any qualified venture Capital company, qualified small business Capital company, or qualified rural small business Capital company,
b. the identity or legal name of any person or entity that is a shareholder or partner of a qualified venture Capital company, qualified small business Capital company, or qualified rural small business Capital company,
c. the identity or legal name of any Oklahoma business venture, Oklahoma small business venture, or Oklahoma rural small business venture in which a qualified investment has been made by a Capital company, or
d. the amount of funds invested in a qualified venture Capital company, the amount of qualified investments in a qualified small business Capital company or qualified rural small business Capital company and the amount of investments made by a qualified venture Capital company, qualified small business Capital company, or qualified rural small business Capital company; or