Funding in lieu of tax credit certification
(1) In any fiscal year, the amount of tax credits allowed under ORS 315.326 (Renewable energy development contributions) may be reduced or eliminated, and the Legislative Assembly may, no later than 30 days prior to the end of each fiscal year, in lieu of the issuance of certifications for tax credit under ORS 315.326 (Renewable energy development contributions) by the State Department of Energy, make an appropriation to the State Department of Energy for deposit into the Renewable Energy Development Subaccount, established in ORS 470.805 (Renewable Energy Development Subaccount), of the Clean Energy Deployment Fund established in ORS 470.800 (Clean Energy Deployment Fund). Moneys deposited under this section are to be used only for purposes related to renewable energy development.
(2) After a tax credit certificate has been sold as provided in ORS 315.326 (Renewable energy development contributions), the State Department of Energy may not revoke the certificate. [2011 c.730 §24; 2012 c.45 §3]
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information