Or. Admin. R. 123-670-0001 – Purpose and Scope

(1) The purpose of OAR 123-670-0001 through 123-670-0110 is to implement Oregon Laws 2026, chapter 142, section 12 to 15 (SB 1507), as amended by Oregon Laws 2026, chapter 50, section 16 (HB 4084), which establishes the Qualified Jobs Creation Tax Credit (QJCTC). These rules establish the procedures, standards, and criteria for the administration of the QJCTC, including taxpayer application and certification of eligibility, administration of the annual program credit cap, conditions for revocation of a certification, and provision of certification information to the Oregon Department of Revenue.
(2) The Oregon Business Development Department (OBDD) is the administering agency for QJCTC certification under these rules. The Oregon Department of Revenue administers the credit as claimed on Oregon tax returns under ORS chapter 316, 317, or 318.
(3) These rules apply to any taxpayer seeking certification of eligibility for the QJCTC for tax years beginning on or after January 1, 2026, and before January 1, 2032.
(4) For definitions used in this division of administrative rules, see OAR 123-001 (Procedural Rules) and OAR 123-670-0010.

ORS 285A.075

Oregon Laws 2026, Chapter 142 & Oregon Laws 2026, Chapter 50