The department adopts the following schedule of fees as provided by ORS 469B.335 for applicants. All fee payments are non-refundable, despite the results of the department’s review.
- (1) Applicants must submit an application fee of $500 with their preliminary certification application.
- (2) Applicants selected for technical review will be required to pay a technical review fee prior to that review. The fee amount is equal to the allocated project cost multiplied by 0.55 percent.
- (3) Applicants requesting amendments to preliminary certifications must submit a fee of $300 with their amendment request.
- (4) Applicants for final certification must submit with their application a final review fee. This fee amount is equal to the allocated project cost multiplied by 0.55 percent. All applicants seeking final certification for a project are required to apply for final review and pay the final review fee.
(5) Applicants that transfer their tax credit to a pass-through partner must pay a pass-through fee. The fee is due after a pass-through partner has been identified and before the department can issue a tax credit.
- (a) If the department assists the applicant in obtaining a pass-through partner or partners, the fee for that assistance is 1.25 percent of the tax credit amount plus $100 per tax certificate issued.
- (b) If the department does not assist the applicant in obtaining a pass-through partner, the fee is $200 per tax credit certificate issued.
- (6) Applicants issued a tax credit that choose to have their tax credit re-issued to a transferee must pay a transfer fee of $200 plus $100 per tax credit certificate issued.
- (7) If an applicant fails to pay fees timely as required by this rule, the department may reject the pending application and discontinue the review.
Statutory/Other Authority
ORS 469.040, 469B.335 & 469B.347
Statutes/Other Implemented
ORS 469B.320–469B.347 & 315.336
History
DOE 3-2013, f. & cert. ef. 10-2-13
DOE 5-2012, f. & cert. ef. 6-11-12