justicedao/ipfs_state_laws huggingface dataset:
ORS Chapter 315 — Personal and Corporate

ORS 315.205. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.210. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.213. Contributions to Office of Child Care. (1) A credit against the taxes otherwise due under ORS chapter 316 or, if the taxpayer is a corporation, under ORS chapter 317 or 318 is allowed to a taxpayer for certified contributions made to the Department of Early Learning and Care under ORS 329A.706. (2) The amount of a tax credit available to a taxpayer for a tax year under this section shall equal the amount stated in the tax credit certificate received under ORS 329A.706. (3) The credit allowed under this section may not exceed the lesser of 50 percent of the amount contributed in the tax year or the tax liability of the taxpayer for the tax year in which the credit is claimed. (4) If the amount claimed as a credit under this section is allowed as a deduction for federal tax purposes, the amount allowed as a credit under this section shall be added to federal taxable income for Oregon tax purposes. (5) A credit under this section may be claimed by a nonresident or part-year resident without proration. (6) Any tax credit otherwise allowable under this section that is not used by the taxpayer in a particular tax year may be carried forward and offset against the taxpayers tax liability for the next succeeding tax year. Any credit remaining unused in the next succeeding tax year may be carried forward and used in the second succeeding tax year, and likewise any credit not used in that second succeeding tax year may be carried forward and used in the third succeeding tax year, and any credit not used in that third succeeding tax year may be carried forward and used in the fourth succeeding tax year, but may not be carried forward for any tax year thereafter. (7) The definitions in ORS 329A.700 apply to this section. [2001 c.674 10; 2003 c.473 8; 2013 c.624 79; 2015 c.701 20; 2023 c.554 49] Note: Section 13, chapter 674, Oregon Laws 2001, provides: Sec. 13. ORS 315.213 applies to tax years beginning on or after January 1, 2002, and before January 1, 2022.
ORS Chapter 315 — Personal and Corporate

ORS 315.215. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.237. Employee and dependent scholarship program payments. (1) As used in this section, qualified scholarship means a scholarship that meets the criteria set forth or incorporated into the letter of employee and dependent scholarship program certification issued under ORS 348.618. (2) A credit against the taxes otherwise due under ORS chapter 316 is allowed to a resident employer (or, if the taxpayer is a corporation that is an employer, under ORS chapter 317 or 318) that has received: (a) Program certification under ORS 348.618; and (b) Tax credit certification under ORS 348.621 for the calendar year in which the tax year of the taxpayer begins. (3) The amount of the credit allowed to a taxpayer under this section shall equal 50 percent of the amount of qualified scholarship funds actually paid to or on behalf of qualified scholarship recipients during the tax year. (4) The credit allowed under this section may not exceed the tax liability of the taxpayer for the tax year. (5) The credit allowed to a taxpayer for a tax year under this section may not exceed $50,000. (6) Any tax credit otherwise allowable under this section that is not used by the taxpayer in a particular year may be carried forward and offset against the taxpayers tax liability for the next succeeding tax year. Any credit remaining unused in the next succeeding tax year may be carried forward and used in the second succeeding tax year, and likewise any credit not used in that second succeeding tax year may be carried forward and used in the third succeeding tax year, and any credit not used in that third succeeding tax year may be carried forward and used in the fourth succeeding tax year, and any credit not used in that fourth succeeding tax year may be carried forward and used in the fifth succeeding tax year, but may not be carried forward for any tax year thereafter. (7) In the case of a credit allowed under this section for purposes of ORS chapter 316: (a) A nonresident shall be allowed the credit under this section in the proportion provided in ORS 316.117. (b) If a change in the status of a taxpayer from resident to nonresident or from nonresident to resident occurs, the credit allowed by this section shall be determined in a manner consistent with ORS 316.117. (c) If a change in the taxable year of a taxpayer occurs as described in ORS 314.085, or if the Department of Revenue terminates the taxpayers taxable year under ORS 314.440, the credit allowed under this section shall be prorated or computed in a manner consistent with ORS 314.085. (8) The credit shall be claimed on the form and in the time and manner in which the department shall prescribe. If the taxpayer is required to do so by the department, the taxpayer shall file a copy of the letter of tax credit certification with the taxpayers return for the tax year in which a credit under this section is claimed. [2001 c.475 8; 2011 c.637 102; 2019 c.384 10] Note: Section 24, chapter 913, Oregon Laws 2009, provides: Sec. 24. Except as provided in ORS 315.237 (6), a credit may not be claimed under ORS
ORS Chapter 315 — Personal and Corporate

ORS 315.254. [1993 c.730 28 (enacted in lieu of 316.151, 317.141 and 318.085); repealed by 2009 c.33 19]
ORS Chapter 315 — Personal and Corporate

ORS 315.255. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.260. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.265. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.270. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.271. Individual development accounts. (1) A credit against taxes otherwise due under ORS chapter 316, 317 or 318 shall be allowed for donations to a fiduciary organization for distribution to individual development accounts established under ORS 458.685. The credit shall equal a percentage of the taxpayers donation amount, as determined by the fiduciary organization, but not to exceed 90 percent of any donation amount. A credit may be claimed for a donation made not later than April 15 following December 31 of the tax year for which the credit is allowed. To qualify for a credit under this section, donations to a fiduciary organization must be made prior to April 15, 2028. (2) If a credit allowed under this section is claimed, the amount upon which the credit is based that is allowed or allowable as a deduction from federal taxable income under section 170 of the Internal Revenue Code shall be added to federal taxable income in determining Oregon taxable income. As used in this subsection, the amount upon which a credit is based is the allowed credit divided by the applicable percentage, as determined by the fiduciary organization. (3) The allowable tax credit that may be used in any one tax year shall not exceed the tax liability of the taxpayer. (4) Any tax credit otherwise allowable under this section that is not used by the taxpayer in a particular year may be carried forward and offset against the taxpayers tax liability for the next succeeding tax year. Any tax credit remaining unused in the next succeeding tax year may be carried forward and used in the second succeeding tax year. Any tax credit not used in the second succeeding tax year may be carried forward and used in the third succeeding tax year, but may not be carried forward for any tax year thereafter. (5) The total credits allowed to all taxpayers in any tax year under this section and ORS 458.690 may not exceed $7.5 million. The total credit allowed to a taxpayer in any tax year under this section and ORS 458.690 may not exceed $500,000. [1999 c.1000 12; 2001 c.648 1; 2007 c.765 1; 2009 c.913 48; 2015 c.701 8; 2016 c.29 2; 2019 c.579 49a; 2021 c.525 6] Note: Section 9, chapter 765, Oregon Laws 2007, provides: Sec. 9. (1) A credit may not be claimed under ORS 315.271 and 458.690 for tax years beginning on or after January 1, 2030. (2) The amendments to ORS 315.271 by section 6, chapter 525, Oregon Laws 2021, apply to tax years beginning on or after January 1, 2022, and before January 1, 2030.
ORS Chapter 315 — Personal and Corporate

ORS 315.272. Certain individual development account withdrawals. (1) An individual taxpayer shall be allowed a credit against the taxes that are otherwise due under ORS chapter 316 if, during the tax year: (a) The taxpayer purchased a primary residence; (b) All or a part of the usual and reasonable settlement, financing or other closing costs for the purchase were funded from a withdrawal from an individual development account in which the taxpayer is the account holder; and (c) An approved purpose of the account is the purpose described in ORS 458.685 (1)(d). (2) The amount of the tax credit shall be the least of: (a) The amount of the withdrawal from the individual development account that is for the purpose described in ORS 458.685 (1)(d); (b) The amount of usual and reasonable settlement, financing and other closing costs incurred in the purchase of the primary residence; (c) $2,000; or (d) The tax liability of the taxpayer. (3) A tax credit allowed under this section that is unused may not be carried forward to a succeeding tax year. (4) A tax credit under this section may be claimed by a nonresident or a part-year resident without proration. (5) The definitions in ORS 458.670 apply to this section. [2005 c.575 2; 2017 c.315 21] Note: Section 49, chapter 913, Oregon Laws 2009, provides: Sec. 49. A credit may not be claimed under ORS 315.272 for tax years beginning on or after January 1, 2016.
ORS Chapter 315 — Personal and Corporate

ORS 315.275. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.278. Reconciliation of quarterly payment amounts. (1) The Department of Revenue, in reviewing the personal income tax returns of all individuals who have received payments under ORS 315.276, shall: (a) Confirm that, for the tax year during which payments began as provided under ORS 315.279, the taxpayer has claimed a credit under ORS 315.273; (b) Reconcile the amounts claimed under ORS 315.273 against the amounts disbursed under ORS 315.276 and against the taxpayers underlying tax liability, if imposed; and (c) Determine whether there is a difference in amounts claimed versus amounts disbursed and assess a deficiency against the taxpayer or provide a refund. (2) If a taxpayer who has received any advance payments established under ORS
ORS Chapter 315 — Personal and Corporate

ORS 315.279. Commencement of quarterly payments. The Department of Revenue shall begin quarterly payments under ORS 315.276 during the second year immediately following the year in which ORS 315.276 becomes operative under section 5, chapter 538, Oregon Laws 2023, and shall continue to make quarterly payments in each year thereafter, provided that the payments continue not to affect eligibility for federal public assistance programs, under a waiver described in section 6, chapter 538, Oregon Laws 2023, or another condition described in section 5 (2), chapter 538, Oregon Laws 2023. [2023 c.538 4] Note: Sections 1, 5 and 11, chapter 538, Oregon Laws 2023, provide: Sec. 1. Sections 2 to 5 of this 2023 Act [315.273 to 315.279 and section 5] are added to and made a part of ORS chapter 315. [2023 c.538 1] Sec. 5. Section 3 of this 2023 Act [315.276] becomes operative 30 days after whichever of the following occurs first: (1) The United States Department of Agriculture approves the request for waiver under section 6 of this 2023 Act; or (2) The Department of Revenue receives notice that the requirement to include recurring or nonrecurring state payments of income tax refunds, rebates or credits in income-based eligibility determinations for any federal public assistance program is abrogated as a consequence of: (a) The enactment of federal legislation; (b) A decision by a controlling court from which there is no further right of appeal; or (c) Publication of federal regulations, guidelines, memoranda or any other official action taken by a federal agency with the authority to alter income-based eligibility determinations for federal public assistance programs. [2023 c.538 5] Sec. 11. Section 2 of this 2023 Act [315.273] applies to tax years beginning on or after January 1, 2023, and before January 1, 2029.
ORS Chapter 315 — Personal and Corporate

ORS 315.280. [Amended by 1953 c.148 3; repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.281. (1) Affordability restriction has the meaning given that term in ORS 456.250. (2) Identity of interest means a relationship in which a purchaser and seller are related by blood or marriage or are affiliated through a business relationship. (3) Publicly supported housing has the meaning given that term in ORS 456.250. (4) Qualifying sale means any sale of publicly supported housing to a purchaser that enters into a recorded affordability restriction agreement governing the use of the housing that: (a) Applies to publicly supported housing on or before the expiration of the right of first refusal under ORS 456.262 (3)(d); and (b) Adopts affordability restrictions for a period of at least 30 years that: (A) For dwelling units of the participating property that were subject to an expired or expiring affordability restriction, extend those expired or expiring restrictions, except in cases where the affordability restriction was based on a project-based rental assistance program which has been terminated by the issuing agency; or (B) For any other dwelling units, require rental rates for the housing to be affordable under federal rental affordability standards to households earning 80 percent of the area median income.
ORS Chapter 315 — Personal and Corporate

ORS 315.283. Sale of publicly supported housing. (1) A taxpayer is allowed a credit against the taxes otherwise due under ORS chapter 316 or, if the taxpayer is a corporation, under ORS chapter 317 or 318 for a qualifying sale in Oregon of publicly supported housing during the tax year. The amount of the credit allowed under this section may not exceed: (a) For housing owned by the taxpayer for at least five years, 2.5 percent of the lesser of the housings sale price or the appraisal under ORS 315.286 (2)(e); or (b) For housing owned by the taxpayer for at least 10 years, five percent of the lesser of the housings sale price or the appraisal under ORS 315.286 (2)(e). (2) In order to claim a credit under this section, a taxpayer must: (a) Lack identity of interest with the purchaser; and (b) Receive certification of a credit under ORS 315.286 (6) and submit the certification to the Department of Revenue upon request of the department. (3) The Department of Revenue may: (a) Adopt rules for carrying out the provisions of this section; and (b) Prescribe the form used to claim a credit under this section and the information required on the form. (4) Any tax credit otherwise allowable under this section that is not used by the taxpayer in a particular tax year may be carried forward and offset against the taxpayers tax liability for the next succeeding tax year. Any credit remaining unused in the next succeeding tax year may be carried forward and used in the second succeeding tax year, and likewise any credit not used in that second succeeding tax year may be carried forward and used in the third succeeding tax year, but may not be carried forward for any tax year thereafter. (5) In the case of a credit allowed under this section: (a) A nonresident is allowed the credit under this section in the proportion provided in ORS 316.117. (b) If a change in the status of a taxpayer from resident to nonresident or from nonresident to resident occurs, the credit allowed by this section must be determined in a manner consistent with ORS 316.117. (c) If a change in the tax year of a taxpayer occurs as described in ORS 314.085, or if the Department of Revenue terminates the taxpayers tax year under ORS 314.440, the credit allowed under this section must be prorated or computed in a manner consistent with ORS 314.085.
ORS Chapter 315 — Personal and Corporate

ORS 315.285. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.286. Reservation of credit; application to Housing and Community Services Department. (1) Before purchasing a property that is publicly supported housing, a purchaser intending to reserve the credit allowed under ORS 315.283 on behalf of the seller shall apply to the Housing and Community Services Department for a reservation. (2) The application for a reservation under this section must be on a form prescribed by the Housing and Community Services Department and must provide: (a) The name, address and taxpayer identification number of the seller and of the purchaser; (b) The location of the publicly supported housing; (c) A description of the use to which the housing will be put following the qualifying sale; (d) The number of affordable housing units that will be maintained within the housing following the qualifying sale and the projected duration, in years, of the availability of the units as affordable housing; (e) An appraisal of the housing conducted by an appraiser as defined in ORS 674.200; (f) The anticipated amount of credit to be reserved by the seller; (g) The calendar year in which the purchaser anticipates completing the qualifying sale; and (h) Any other information as the Housing and Community Services Department may require. (3) The Housing and Community Services Department may review applications for a reservation using any reasonable system of prioritizing review established by the Housing and Community Services Department by rule. (4) Applications for reservations of a credit filed in compliance with this section may be approved by the Housing and Community Services Department only to the extent that the total amount of credits for all approved qualifying sales for the calendar year is equal to or less than the limitation in ORS 315.291. The Housing and Community Services Department may deny an application, or may approve a reduced amount of credit, if the addition of the anticipated amount of credit to previously approved amounts of credits for the calendar year would exceed the limitation in ORS 315.291. (5) Upon approval of a reservation of a credit, and not later than January 15 of the year following the filing of the application, the Housing and Community Services Department shall issue a reservation to the purchaser. The reservation must state the approved amount of credit. The reservation may include conditions that must be met in order for a credit to be claimed by the seller under ORS 315.283. (6) The Housing and Community Services Department, following notification of the close of the qualifying sale, including the final purchase price, shall send to the seller a certification of the sellers claim to the credit in an amount not to exceed the lesser of the amount reserved or the amount calculated under ORS
ORS Chapter 315 — Personal and Corporate

ORS 315.288. Housing and Community Services Department to provide information to Department of Revenue; rules. (1) For any tax credit certification that is issued under ORS 315.286, the Department of Revenue may by rule require that the Housing and Community Services Department provide information about the certification, including the name and taxpayer identification number of the taxpayer or other person receiving certification, the date the certification was issued in its final form, the approved amount of credit and the first tax year for which the credit may be claimed. (2) A taxpayer that is a pass-through entity that has received certification for a credit allowed under ORS 315.283 shall provide the information described in subsection (1) of this section to the Department of Revenue within two months after the close of the tax year in which the certification was issued. (3) The Department of Revenue shall prescribe by rule the manner and the timing of submission to the Department of Revenue of the information described in subsection (1) of this section.
ORS Chapter 315 — Personal and Corporate

ORS 315.290. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.291. Calendar year limitation on credits allowed all taxpayers. The total amount certified by the Housing and Community Services Department for tax credits for affordable housing under ORS 315.283 may not exceed $3 million for all taxpayers for any calendar year.
ORS Chapter 315 — Personal and Corporate

ORS 315.295. [Repealed by 1965 c.26 6] ENVIRONMENT AND ENERGY
ORS Chapter 315 — Personal and Corporate

ORS 315.305. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.310. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.315. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.320. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.325. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.329. Funding in lieu of tax credit certification. (1) In any fiscal year, the amount of tax credits allowed under ORS 315.326 may be reduced or eliminated, and the Legislative Assembly may, no later than 30 days prior to the end of each fiscal year, in lieu of the issuance of certifications for tax credit under ORS
ORS Chapter 315 — Personal and Corporate

ORS 315.330. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.335. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.340. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.345. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.350. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.355. [Repealed by 1965 c.26 6]
ORS Chapter 315 — Personal and Corporate

ORS 315.356. Other grants as offset to cost of energy conservation facility; changes in eligibility for participation in other programs. (1) If a taxpayer obtains a grant from the federal government in connection with a facility that has been certified by the Director of the State Department of Energy, the total cost of the facility shall be reduced on a dollar for dollar basis. Any income or excise tax credits that the taxpayer would be entitled to under ORS 285C.540 to 285C.559, 315.341, 315.354 and 469B.130 to 469B.169 after any reduction described in this subsection may not be reduced by the federal grant. A taxpayer applying for a federal grant shall notify the Department of Revenue by certified mail within 30 days after each application, and after the receipt of any grant. (2) A taxpayer, or an applicant who is otherwise eligible, is eligible to participate in both this tax credit program and low interest, government-sponsored loans. (3) A taxpayer who receives a tax credit or property tax relief on a pollution control facility or an alternative energy device under ORS 307.405, 315.304 or 316.116 is not eligible for a tax credit on the same facility or device under ORS 285C.540 to 285C.559, 315.341, 315.354 and 469B.130 to 469B.169.
ORS Chapter 315 — Personal and Corporate

ORS 315.357. Time limit applicable to energy conservation tax credit. (1) For a facility other than a renewable energy resource equipment manufacturing facility, a taxpayer may not be allowed a credit under ORS 315.354 unless the taxpayer: (a) Files an application for preliminary certification under ORS 469B.145 on or before April 15, 2011; (b) Receives preliminary certification under ORS 469B.157 before July 1, 2011; and (c) Receives final certification under ORS 469B.161 before January 1, 2013, or has demonstrated, to the State Department of Energy, evidence of beginning construction before April 15, 2011. (2) Any preliminary certification issued for a facility, other than a renewable energy resource equipment manufacturing facility, under ORS 469B.157 that remains outstanding as of July 1, 2011, shall expire on July 1, 2014.