Title 26A, Economic Development
4 chapters · 455 sections in this title.
ORS 285C.635 Determination of personal income tax revenue; distributions to counties; annual limit; rules
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(1)(a) Upon receipt of information compiled under ORS 285C.615, the Oregon Department of Administrative Services shall determine the annual amount of personal income tax revenue attributable to retained jobs and newly created jobs for each eligible project for which an eligible b…
ORS 285C.650 Certification as qualified equity investment; eligibility for tax credit; rules; fees
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(1) A qualified community development entity that seeks to have an equity investment or long-term debt security certified as a qualified equity investment and eligible for a tax credit under ORS 315.533 shall apply to the Oregon Business Development Department. The department sha…
ORS 285C.653 Tax credit utilization limit per tax year; rules
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(1) Once the Oregon Business Development Department has certified a cumulative amount of qualified equity investments that can result in the utilization of $16 million of tax credits in any tax year, the department may not certify any more qualified equity investments under ORS 2…
ORS 285C.656 Suspension or revocation of certificate; recapture of tax credit
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(1) The Director of the Oregon Business Development Department may order the suspension or revocation of a certificate or a portion of a certificate issued under ORS 315.533, as provided in ORS 315.061. (2) The Department of Revenue may recapture any portion of a tax credit allow…
ORS 285C.659 Report; posting on Oregon transparency website required
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(1) The Oregon Business Development Department shall annually prepare a report that discloses all costs and fees incurred by the department, or by any other state agency, in administering, during the agency fiscal year ending during the current calendar year, the tax credit allow…