Chapter 3 Oregon Laws 2008 Special Session
AN ACT
SB 1060
Relating to income tax credits for health care providers in TRICARE
system; amending ORS 315.631.
Be It Enacted by the People of
the State of
SECTION 1.
ORS 315.631 is amended to read:
315.631. (1) The Office
of Rural Health shall establish criteria for certifying health care providers
as eligible for a tax credit authorized by ORS 315.628 or a deduction from
federal taxable income under ORS 316.680. Upon finding that a health care provider
meets the eligibility criteria established by the office, the office shall
certify the provider for a tax credit under ORS 315.628 or the tax deduction
under ORS 316.680. [The office may not
issue more than 500 certifications under this section in any calendar year and
may not certify more than 1,000 providers before December 31, 2009.] The
office may issue no more than:
(a) 500 certifications
for tax years beginning on or after January 1, 2008, and before January 1,
2009;
(b) 1,000 certifications
for tax years beginning on or after January 1, 2009, and before January 1,
2010;
(c) 1,500 certifications
for tax years beginning on or after January 1, 2010, and before January 1,
2011; and
(d) 2,000 certifications
for tax years beginning on or after January 1, 2011, and before January 1,
2012.
(2) Prior to October 1
of each year, the office shall report to the legislative interim committees on
revenue regarding the number of health care providers who qualify for the tax
credit under ORS 315.628 (2).
(3) Prior to December 31
of each year, the administrator of the TRICARE contracts with health care
providers who provide health care services to patients in
Approved by the Governor March 3, 2008
Filed in the office of Secretary of State March 4, 2008
Effective date January 1, 2009
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