- (1) ORS 317.099 was repealed December 31, 1991. On January 1, 1992, any finance charge that would have been eligible for a tax credit to a commercial lending institution under ORS 317.099 on the outstanding term of any loan made under ORS 317.099, shall cease to be eligible for a tax credit. Such finance charges accrued after December 31, 1991, shall be eligible for reimbursement by the Department of Environmental Quality, under the provisions of ORS 466.705 to 466.835.
- (2) A commercial lending institution with a fiscal tax year ending after January 1, 1992, shall receive a tax credit on all eligible finance charges received or accrued before that date.
Statutory/Other Authority
ORS 305.100
Statutes/Other Implemented
ORS 317.099
History
Renumbered from 150-317.099, REV 67-2016, f. 8-15-16, cert. ef. 9-1-16
RD 9-1992, f. 12-29-92, cert. ef. 12-31-92