75th OREGON LEGISLATIVE ASSEMBLY--2009 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 598
 
                           C-Engrossed
 
                         House Bill 2180
                  Ordered by the Senate June 22
 Including House Amendments dated April 16 and June 8 and Senate
                    Amendments dated June 22
 
Ordered printed by the Speaker pursuant to House Rule 12.00A (5).
  Presession filed (at the request of Governor Theodore R.
  Kulongoski for State Department of Energy)
 
 
                             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.
 
    { - Limits tax credits for gasoline-electric hybrid vehicles
that are not designed for electric plug-in charging to vehicles
purchased before January 1, 2010. - }
    { - Modifies definition of 'renewable energy resource
equipment manufacturing facility' for purposes related to receipt
of tax credit. - }
    { - Modifies provisions for claiming biomass tax credit.
Limits eligibility to biofuels that have been converted into
fuels ready for use as energy in Oregon. Revises biomass credit
transfer provisions. Allows credit where biofuel producer is also
agricultural producer or biomass collector. Authorizes State
Department of Energy to adopt rules relating to tax credits for
production of biomass. - }
    { - Applies to tax years beginning on or after January 1,
2010. - }
   { +  Directs State Department of Energy to analyze certain
wind energy facilities and conservation projects for purpose of
determining extent to which each facility depends on state tax
incentives. Directs department to report results of analysis to
Legislative Assembly prior to February 1, 2011. + }
 
                        A BILL FOR AN ACT
Relating to energy.
Be It Enacted by the People of the State of Oregon:
  SECTION 1.  { + (1) The State Department of Energy, in
consultation with the Public Utility Commission and the Economic
and Community Development Department, shall prepare an analysis
of the financial aspects of representative projects as determined
by the State Department of Energy for wind energy facilities and
conservation projects that are certified for the receipt of tax
credits under ORS 469.185 to 469.225, including capital invested,
federal and state tax incentives received, revenues and costs,
and return on investment. The purpose of the analysis will be to
determine the extent to which each facility depends on state tax
incentives for initial investment and continued operation.
  (2) The State Department of Energy shall report to the
Legislative Assembly prior to February 1, 2011, on the results of
the analysis. + }
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