OAR 603-020-0026
Tax Credit Cap Exceedance

(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.

Source: Rule 603-020-0026 — Tax Credit Cap Exceedance, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=603-020-0026.

Last Updated

Jun. 8, 2021

Rule 603-020-0026’s source at or​.us