71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
 
HA to HB 2863
 
LC 2045/HB 2863-6
 
                       HOUSE AMENDMENTS TO
                         HOUSE BILL 2863
 
     By COMMITTEE ON SCHOOL FUNDING AND TAX FAIRNESS/REVENUE
 
                              May 9
 
  On page 1 of the printed bill, line 5, after 'section ' insert
'and section 4 of this 2001 Act'.
  In line 17, after '90.840' insert ', to the extent the sale has
been certified under section 4 of this 2001 Act'.
  In line 18, delete the blank and insert 'nine'.
  On page 2, delete lines 1 and 2 and insert:
  ' (5) The amount of credit allowed to a taxpayer under this
section in any tax year may not exceed the tax liability of the
taxpayer for that tax year.'.
  Delete lines 12 and 13 and insert:
  '  { +  SECTION 3. + }  { + Section 2 of this 2001 Act applies
to certified sales of manufactured dwelling facilities occurring
in tax years beginning on or after January 1, 2002, and before
January 1, 2006. + }
  '  { +  SECTION 4. + }  { + (1) An owner of a manufactured
dwelling facility seeking a tax credit under section 2 of this
2001 Act shall first obtain tax credit certification under this
section from the Manufactured Dwelling Park Ombudsman.
  ' (2) The owner shall apply for tax credit certification on a
form prescribed by the ombudsman containing:
  ' (a) The location of the facility;
  ' (b) The date and amount of the sale;
  ' (c) The name and address of the purchaser and a description
of the purchaser sufficient for the ombudsman to determine if the
purchaser is a person described in section 2 (2) of this 2001
Act; and
  ' (d) Any other information required by the ombudsman.
  ' (3) The ombudsman shall review applications in chronological
order, based on the date the application is filed or the date of
the sale of the facility, whichever is later.
  ' (4) The ombudsman shall approve an application filed with the
ombudsman if:
  ' (a) The sale reported on the application qualifies for the
tax credit allowed under section 2 of this 2001 Act; and
  ' (b) The total amount of sales certified under this section
for all applications filed under this section for all tax years
does not exceed $11.1 million.
  ' (5) Upon approval of an application, the ombudsman shall
prepare and send to the owner a written certification that sets
forth the amount of the sale being certified. Notwithstanding the
actual amount of the sale, the amount of the sale that may be
certified under this section may not exceed $1 million.
  ' (6) The owner shall maintain the certification in the owner's
records and shall furnish the certification to the Department of
Revenue upon request by the department.
  ' (7) A denial of an application for certification may be
appealed in the manner of a contested case under ORS 183.310 to
183.550. + }
  '  { +  SECTION 5. + }  { + Section 4 of this 2001 Act is
repealed on December 31, 2006. + } ' .
  In line 14, delete '4' and insert '6'.
  In line 44, delete '5' and insert '7'.
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