Oregon § 285C.549 Transferability of facility tax credit

Oregon Statutes

§ 285C.549 — Transferability of facility tax credit

Oregon § 285C.549

Vol.7

Title 26AEconomic Development

Ch. 285CEconomic Development III

This text of Oregon § 285C.549 (Transferability of facility tax credit) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 285C.549 (2026).

Text

(1)The owner, contract purchaser or lessee of a renewable energy resource equipment manufacturing facility may transfer a tax credit for the facility in exchange for a cash payment equal to the present value of the tax credit.

(2)The Director of the Oregon Business Development Department shall establish by rule a formula to be employed in the determination of prices of credits transferred under this section. In establishing the formula the department shall incorporate inflation projections and market real rate of return.

(3)The director shall recalculate credit transfer prices quarterly, employing the formula established under subsection (2) of this section.

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(1) The owner, contract purchaser or lessee of a renewable energy resource equipment manufacturing facility may transfer a tax credit for the facility in exchange for a cash payment equal to the present value of the tax credit.
(2) The Director of the Oregon Business Development Department shall establish by rule a formula to be employed in the determination of prices of credits transferred under this section. In establishing the formula the department shall incorporate inflation projections and market real rate of return.
(3) The director shall recalculate credit transfer prices quarterly, employing the formula established under subsection (2) of this section.