OAR 330-230-0110
Definitions for Pass-Through

For the purposes of OAR 330-230-0110 (Definitions for Pass-Through) to 330-230-0150 (Transfer of Tax Credits Issued to an ApplicantTransfer of tax credits issued to an applicant) the following definitions apply:

(1)

“Department” means the Oregon Department of Energy.

(2)

“Pass-through amount” means the amount, equal to the present value of the credit calculated in accordance with the formula set out in OAR 330-230-0130 (Pass-Through Amount), paid to an applicant in exchange for the right to claim the tax credit.

(3)

“Pass-through partner” means an individual or entity that pays the pass-through amount to an applicant and receives the tax credit certificate in place of the applicant.

(4)

“Transferee” means an individual or entity that pays the pass-through amount to an applicant that has been issued the tax credit certificate, and receives a re-issued tax credit certificate in place of the applicant.

Source: Rule 330-230-0110 — Definitions for Pass-Through, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=330-230-0110.

Last Updated

Jun. 8, 2021

Rule 330-230-0110’s source at or​.us