2019 Oregon Revised Statutes
Volume : 13 - Housing, Games, Environment
Chapter 469B - Energy Incentives; Tax Credits; Grants
Section 469B.154 - Transferability of rental housing unit tax credit; rules.

Universal Citation: OR Rev Stat § 469B.154 (2019)

(1) The owner of a rental housing unit may transfer a tax credit for energy conservation measures installed in rental housing units under ORS 469B.151 in exchange for a cash payment equal to the present value of the tax credit. To be eligible for a transfer, the energy conservation measures must have been recommended in an energy audit as provided in ORS 469.633 or 469.651.

(2) The State Department of Energy may establish by rule uniform discount rates to be used in calculating the present value of a tax credit under this section. [Formerly 469.208; 2017 c.727 §15]

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