71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
 
NOTE:  Matter within  { +  braces and plus signs + } in an
amended section is new. Matter within  { -  braces and minus
signs - } is existing law to be omitted. New sections are within
 { +  braces and plus signs + } .
 
LC 3718
 
                         House Bill 3790
 
Sponsored by COMMITTEE ON SMART GROWTH AND COMMERCE
 
 
                             SUMMARY
 
The following summary is not prepared by the sponsors of the
measure and is not a part of the body thereof subject to
consideration by the Legislative Assembly. It is an editor's
brief statement of the essential features of the measure as
introduced.
 
  Increases amount of total cost of energy facility, recycling
facility, transportation facility, alternative fuel vehicle or
alternative fuel vehicle facility eligible for tax credit in any
calendar year.
 
                        A BILL FOR AN ACT
Relating to energy; creating new provisions; and amending ORS
  469.200.
Be It Enacted by the People of the State of Oregon:
  SECTION 1. ORS 469.200 is amended to read:
  469.200. The total cost of a facility that receives a
preliminary certification from the administrator of the Office of
Energy for tax credits in any calendar year shall not exceed
 { - $10 - }  { +  $20 + } million. The administrator shall
determine the dollar amount certified for any facility and the
priority between applications for certification based upon the
criteria contained in ORS 469.185 to 469.225 and applicable rules
and standards adopted under ORS 469.185 to 469.225. The
administrator may consider the status of a facility as a
research, development or demonstration facility of new renewable
resource generating and conservation technologies or a qualified
transit pass contract in the determination.
  SECTION 2.  { + The amendments to ORS 469.200 by section 1 of
this 2001 Act apply to facilities receiving preliminary
certifications from the Office of Energy on or after the
effective date of this 2001 Act. + }
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