Or. Admin. R. 575-063-0010 - Employer Program Certification Procedures
(1) The application for program certification
by an employer establishing an employer-sponsored scholarship program shall be
filed by the employer with the Commission at least three months prior to the
close of the first tax year for which a tax credit will be claimed.
(2) The application shall be filed on a form
provided by the Commission and shall contain information required by the
Commission including the following:
(a) The
total number of employees employed by the employer for the calendar year and
the total number of employees who will be eligible or whose dependents will be
eligible to participate.
(b) The
date on which scholarship program will first be available.
(c) The annual limit, if any, on the amount
of funds to be used for scholarships; and
(d) The criteria to be used by the employer
in determining the eligibility of an employee or an employee's dependent for a
scholarship under the program.
(3) The Commission shall certify an
application that meets all conditions of the scholarship program.
(4) The Commission shall certify or reject an
application within 60 days of receipt of the application and shall notify the
employer of the Commission's determination.
(5) For employers whose proposed scholarship
program has been certified, the Commission shall send a letter of program
certification to the employer.
(6)
An employer whose application is rejected by the Commission shall have the
opportunity to amend the application within 30 days of date of notification.
(7) A program certification issued
under 575-063-0010 shall remain valid until the employer changes the terms of
eligibility for a scholarship under the program, changes the minimum or maximum
amount of a scholarship, or ceases to be an employer.
Notes
Stat. Auth.: ORS 183 & 348
Stats. Implemented: HB 2521, 2001 Leg. Assembly
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