- (1) The department will proportionately reduce the amount of certified credits among all applicants applying for the credit within the tax year to ensure that the certification of tax credits does not exceed $5 million.
- (2) If the department proportionately reduces the amount of certified credits among all applicants applying for the credit, the department will adjust the application fee and issue a refund if the difference is greater than $100.
Statutory/Other Authority
ORS 315.184
Statutes/Other Implemented
ORS 315.184, 315.184, 469B.403 & 561.190
History
DOA 4-2019, adopt filed 01/29/2019, effective 02/01/2019
DOA 23-2018, temporary adopt filed 08/30/2018, effective 08/30/2018 through 02/25/2019