ORS 315.047
List of tax credits with revenue impact in excess of projection

(1)

Prior to the beginning of each odd-numbered year regular session, the Legislative Revenue Officer shall prepare a list of all tax credits that have revenue impact, for the most recent tax year for which sufficient information exists to make a determination, that exceeds the revenue impact projected in the most recent revenue impact statement prepared under ORS 173.025 (Preparation of fiscal impact and revenue impact statements for legislation affecting state or local governments) for the measure enacting or amending the tax credit provision. The Legislative Revenue Officer shall submit the list with the report required under ORS 315.051 (Report by Legislative Revenue Officer).

(2)

The Legislative Revenue Officer shall identify those credits under subsection (1) of this section:

(a)

For which the revenue impact exceeds the projected revenue impact by at least 10 percent; and

(b)

That may be claimed in tax years beginning on or after January 1 of the next even year.

(3)

During the odd-numbered year regular session, a legislative committee related to revenue shall consider all tax credits that are identified under subsection (2) of this section at a public hearing conducted by the committee. [2015 c.641 §3]
Note: 315.047 (List of tax credits with revenue impact in excess of projection) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 315 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 315.047 — List of tax credits with revenue impact in excess of projection, https://www.­oregonlegislature.­gov/bills_laws/ors/ors315.­html.

315.004
Definitions 315.037
Tax expenditures applicable for limited time 315.044
Statement of purpose 315.047
List of tax credits with revenue impact in excess of projection 315.051
Report by Legislative Revenue Officer 315.052
Limitation on transfer or sale of credit 315.053
Restriction on types of transferees 315.054
Federal tax credits allowable only as specified 315.056
Conditions for transfer of tax credit 315.058
Agency to provide tax credit approval information to Department of Revenue 315.061
Suspension, revocation or forfeiture 315.063
Waiver of substantiation by Department of Revenue 315.068
Claim of right income repayment adjustments 315.104
Reforestation 315.106
Reforestation credit preliminary certificate 315.108
Annual reforestation credit cost limitation 315.111
Legislative declarations regarding riparian land conservation 315.113
Voluntary removal of riparian land from farm production 315.117
Legislative findings and declarations regarding on-farm processing 315.119
On-farm processing facilities 315.123
Minimum production and processing volume requirements 315.138
Screening devices, by-pass devices or fishways 315.141
Biomass production or collection 315.144
Transfer of biomass credit 315.154
Definitions for crop donation credit 315.156
Crop donation 315.163
Definitions for ORS 315.163 to 315.169 315.164
Agriculture workforce housing projects 315.167
Agriculture workforce housing credit application 315.169
Agriculture workforce housing contributor credit 315.171
Tax credit limit for biennium 315.174
Livestock killed by wolf 315.176
Bovine manure production or collection 315.184
Annual limitation on total amount of tax credits 315.204
Dependent care assistance 315.208
Dependent care facilities 315.213
Contributions to Office of Child Care 315.237
Employee and dependent scholarship program payments 315.262
Working family child care 315.264
Working family household and dependent care expenses 315.266
Earned income 315.271
Individual development accounts 315.272
Certain individual development account withdrawals 315.304
Pollution control facilities 315.326
Renewable energy development contributions 315.329
Funding in lieu of tax credit certification 315.331
Energy conservation projects 315.336
Transportation projects 315.341
Renewable energy resource equipment manufacturing facilities 315.354
Energy conservation facilities 315.356
Other grants as offset to cost of energy conservation facility 315.357
Time limit applicable to energy conservation tax credit 315.465
Biofuels and fuel blends 315.469
Biodiesel used in home heating 315.506
New business facility in reservation enterprise zone or reservation partnership zone 315.507
Electronic commerce in designated enterprise zone 315.508
Recordkeeping requirements 315.514
Film production development contributions 315.516
Funding in lieu of tax credit certification 315.517
Water transit vessels 315.523
Employee training 315.526
Short title 315.529
Definitions 315.533
Qualified equity investments 315.536
Transferability of credit 315.591
Definitions 315.593
Short line railroad rehabilitation projects 315.595
Preliminary certification 315.597
Final certification 315.599
Fees 315.603
Tax credit limit for biennium 315.610
Long term care insurance 315.613
Credit available to persons providing rural medical care and affiliated with certain rural hospitals 315.616
Additional providers who may qualify for credit 315.619
Credit for medical staff at type C hospital 315.622
Rural emergency medical services providers 315.624
Medical care to residents of Oregon Veterans’ Home 315.628
Health care services under TRICARE contract 315.631
Certification of health care providers 315.640
University venture development fund contributions 315.643
Opportunity Grant contributions 315.646
Funding in lieu of tax credit certification 315.650
Higher education savings account or ABLE account contributions 315.653
Forfeiture of prior tax relief 315.675
Trust for Cultural Development Account contributions
Green check means up to date. Up to date

Current through early 2024

§ 315.047’s source at oregon​.gov