AN ACT
HB 2271
Relating to taxation.
Be It Enacted by the People of the State of Oregon:
SECTION 1.
Section 2 of this 2001 Act is added to
and made a part of ORS chapter 314.
SECTION 2.
For purposes of this chapter and ORS
chapters 315, 316, 317 and 318, a taxpayer claiming a credit against tax must
claim the maximum amount of any tax credit that is allowed to the taxpayer for
the tax year, to the extent of the tax liability of the taxpayer.
SECTION 3.
Section 2 of this 2001 Act applies to
tax years beginning on or after January 1, 2001.
Approved by the Governor
March 5, 2001
Filed in the office of
Secretary of State March 6, 2001
Effective date January 1,
2002
__________