OAR 741-030-0025
Preliminary Certification Application Submission Periods

(1)

For the year 2020, applicants may submit their application for preliminary certification for short line railroad rehabilitation tax credits, beginning on January 1 and ending on July 31.

(2)

For the year 2021, applicants may submit their application for preliminary certification beginning on January 1, 2021, and ending on February 28, 2021.

(3)

For the 2021-2023 biennium (July 1, 2021 – June 30, 2023) and the biennium thereafter, applicants may submit their application for preliminary certification between August 1 and December 31 of each odd-numbered year, and between June 1 and July 31 of each even-numbered year.

(4)

For any biennium in which the Department determines that the $4 million tax credit will not be exceeded, the Director may reopen or extend the application period.

(5)

Each short line railroad may submit no more than one project application per year.

Source: Rule 741-030-0025 — Preliminary Certification Application Submission Periods, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=741-030-0025.

Last Updated

Jun. 8, 2021

Rule 741-030-0025’s source at or​.us