Or. Admin. R. 741-030-0030 - Preliminary Certification Applicant Eligibility

(1) To be eligible for preliminary certification, the applicant must be either:

(a) A Tier I short line railroad; or

(b) A Tier II short line railroad.

(2) The applicant must own or lease infrastructure located in Oregon.

(3) The applicant's rehabilitation project costs must be directly related to the work necessary to maintain, reconstruct or replace infrastructure in Oregon and be described in the application with quantities, cost types (materials, labor and equipment), and with estimated costs.

(4) The applicant cannot apply for a tax credit for rehabilitation project costs that are funded by or used to qualify for any state or federal grants, or costs that are used to claim a federal tax credit.

Notes

Or. Admin. R. 741-030-0030

RD 1-2019, temporary adopt filed 12/17/2019, effective 1/1/2020 through 6/28/2020; RD 1-2020, adopt filed 05/28/2020, effective 5/28/2020; RD 7-2021, minor correction filed 12/16/2021, effective 12/16/2021

Statutory/Other Authority: ORS 184.619, 823.011, 315.593, 315.597

Statutes/Other Implemented: ORS 315.591 - 315.603