The department adopts the following schedule of fees as
provided by ORS 469B.335 for applicants. All fee
payments are non-refundable, despite the results of the department's review.
(1) Applicants must submit an
application fee of $500 with their preliminary certification application.
(2) Applicants selected for
technical review will be required to pay a technical review fee prior to that
review. The fee amount is equal to the allocated project cost multiplied by
requesting amendments to preliminary certifications must submit a fee of $300
with their amendment request.
Applicants for final certification must submit with their application a final
review fee. This fee amount is equal to the allocated project cost multiplied
by 0.55 percent. All applicants seeking final certification for a project are
required to apply for final review and pay the final review fee.
Applicants that transfer their tax credit
to a pass-through partner must pay a pass-through fee. The fee is due after a
pass-through partner has been identified and before the department can issue a
(a) If the department assists the
applicant in obtaining a pass-through partner or partners, the fee for that
assistance is 1.25 percent of the tax credit amount plus $100 per tax
(b) If the
department does not assist the applicant in obtaining a pass-through partner,
the fee is $200 per tax credit certificate issued.
(6) Applicants issued a tax credit that
choose to have their tax credit re-issued to a transferee must pay a transfer
fee of $200 plus $100 per tax credit certificate issued.
(7) If an applicant fails to pay fees timely
as required by this rule, the department may reject the pending application and
discontinue the review.