Or. Admin. Code § 340-016-0270 - Purpose and Scope
(1) The purpose
of the Clean Diesel Repower and Retrofit Tax Credits rule is to provide an
incentive for making investments in qualifying projects that reduce diesel
emissions from engines used in Oregon by 25 percent or more.
(2) OAR
340-016-0270 through
340-016-0340 apply only to a
repower or retrofit that occurs between September 28, 2007 and January 1,
2018.
(3) OAR
340-016-0270 through
340-016-0340 establish the
Department's requirements, standards and procedures used to approve tax credits
for the certified costs necessary to perform qualified repowers of nonroad
Oregon diesel engines and qualified retrofits of Oregon diesel
engines.
Notes
Stat. Auth.: OL 2007, chapter 855 (HB 2172 (2007)), OL 2007, Ch. 843 (HB 3201 (2007)).OL 2003, Sec. 28 - 32, reprinted in a note following ORS 315.356
Stats. Implemented: OL 2003, Sec. 28 - 32, reprinted in a note following ORS 315.356
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