ORS 315.591¹
Definitions

As used in ORS 315.591 (Definitions) to 315.606 (Suspension, revocation or forfeiture of certification):

(1) “Infrastructure” includes tracks, switches, sidings, roadbeds, railroad bridges and industrial leads owned by a short line railroad.

(2) “Short line railroad” means a class II or class III railroad as defined in 49 C.F.R. 1201.

(3) “Short line railroad rehabilitation project” means a project that involves the maintenance, reconstruction or replacement of infrastructure.

(4) “Short line railroad rehabilitation project costs” means costs that are directly related to the work necessary to maintain, reconstruct or replace infrastructure. “Short line railroad rehabilitation project costs” does not include costs that are funded by or used to qualify for any state or federal grants, or costs that are used to claim a federal tax credit.

(5) “Tier I short line railroad” means a short line railroad owned or leased by a person for whom the total length of short line railroad track owned or leased in Oregon is equal to or greater than 200 miles. The total amount of short line railroad track in Oregon calculated under this subsection includes any short line railroad track owned or leased by the person, or if the person is a corporation, by the person’s parent corporation or subsidiaries, regardless of whether the track is owned or leased by one or more railroads.

(6) “Tier II short line railroad” means a short line railroad that is not a tier I short line railroad or is a short line railroad owned or leased by the state, a city, a county, a port or any other public or municipal corporation. [2019 c.579 §7]

Chapter 315

Notes of Decisions

State could not recalculate tax for tax year closed to review in order to prevent elective carry forward of tax credit to tax year subject to review. Smurfit Newsprint Corp. v. Dept. of Revenue, 329 Or 591, 997 P2d 185 (2000)

1 Legislative Counsel Committee, CHAPTER 315—Personal and Corporate Income or Excise Tax Credits, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors315.­html (2019) (last ac­cessed May 16, 2020).
 
2 Legislative Counsel Committee, Annotations to the Oregon Revised Stat­utes, Cumulative Supplement - 2019, Chapter 315, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ano315.­html (2019) (last ac­cessed May 16, 2020).
 
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