reglab/housing_qa huggingface dataset:
OR Rev Stat § 315.037 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.037 - Tax expenditures applicable for limited time.

(1) As used in this section, "tax expenditure" has the meaning given that term in ORS 291.201. (2) Any tax credit enacted by the Legislative Assembly on or after January 1, 2010, shall apply for a maximum of six tax years beginning with the initial tax year for which the credit is applicable, unless the Legislative Assembly expressly provides for another period of applicability. (3) Any tax expenditure enacted by the Legislative Assembly on or after January 1, 2014, shall apply for a maximum of six tax years beginning with the initial tax year for which the tax expenditure is applicable, unless the Legislative Assembly expressly provides for another period of applicability. [Formerly 315.050] Note: 315.037 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 315 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
OR Rev Stat § 315.044 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.044 - Statement of purpose.

For each proposed legislative measure that is submitted for filing and that creates a tax credit or provides for expanded allowance, in amount or duration, of tax credit, the chief sponsor or a proponent of the measure shall submit to a legislative committee related to revenue a statement of purpose. In the statement of purpose, the chief sponsor or proponent shall address at a minimum the items forming the basis of the report required under ORS 315.051. [2015 c.641 §2]
OR Rev Stat § 315.047 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.047 - List of tax credits with revenue impact in excess of projection.

(1) Prior to the beginning of each odd-numbered year regular session, the Legislative Revenue Officer shall prepare a list of all tax credits that have revenue impact, for the most recent tax year for which sufficient information exists to make a determination, that exceeds the revenue impact projected in the most recent revenue impact statement prepared under ORS 173.025 for the measure enacting or amending the tax credit provision. The Legislative Revenue Officer shall submit the list with the report required under ORS 315.051. (2) The Legislative Revenue Officer shall identify those credits under subsection (1) of this section: (a) For which the revenue impact exceeds the projected revenue impact by at least 10 percent; and (b) That may be claimed in tax years beginning on or after January 1 of the next even year. (3) During the odd-numbered year regular session, a legislative committee related to revenue shall consider all tax credits that are identified under subsection (2) of this section at a public hearing conducted by the committee. [2015 c.641 §3] Note: 315.047 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 315 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
OR Rev Stat § 315.050 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.050

[2009 c.913 §53; 2013 c.750 §45; renumbered 315.037 in 2015]
OR Rev Stat § 315.051 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.051 - Report by Legislative Revenue Officer.

(1) Prior to the beginning of each odd-numbered year regular session, the Legislative Revenue Officer shall submit a report addressing each income or excise tax credit that is scheduled to expire during the next even-numbered year. The Legislative Revenue Officer shall submit the report to a committee of the Legislative Assembly related to revenue, and may include information related to other tax credits in the report at the direction of an interim committee related to revenue. In preparing the report, the Legislative Revenue Officer shall seek input from the Department of Revenue, the Legislative Fiscal Officer and state agencies involved in administering any given credit. (2) The report required in subsection (1) of this section shall set forth: (a) The stated public policy purpose, if any, of the credit. (b) The expected timeline for achieving the public policy purpose, if a timeline exists. (c) The best means of measuring achievement of the public policy purpose. (d) The taxpayers or other entities or individuals that directly benefit from allowance of the credit and whether the credit is intended to benefit particular targets. (e) The effectiveness of the credit in benefiting its targets and any evidence that demonstrates its impact on its targets. (f) The expected results if the credit is allowed to expire under current law and any potential results of making incremental changes in the value of the credit rather than allowing it to expire. (g) Background information on the effect of similar credits allowed in other states. (h) Information regarding whether use of a tax credit is an effective and efficient way to achieve the stated policy goal. (i) The administrative and compliance costs associated with the credit. (j) Analysis of whether a direct appropriation might achieve the stated public policy purpose of the credit more efficiently. (k) What other incentives, including state or local subsidies or federal tax expenditures or subsidies, are available in this state that have a similar policy purpose. [2013 c.676 §2]
OR Rev Stat § 315.052 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.052 - Limitation on transfer or sale of credit.

An income tax credit that is allowed under this chapter or ORS chapter 316, 317 or 318 and that is transferable may be transferred or sold only once, unless expressly provided otherwise by statute. [2009 c.288 §3]
OR Rev Stat § 315.053 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.053 - Restriction on types of transferees.

An income tax credit allowed under this chapter or ORS chapter 316 or 317 that is transferable may be transferred or sold only to one or more of the following: (1) A C corporation. (2) An S corporation. (3) A personal income taxpayer. [2009 c.288 §2; 2011 c.83 §12; 2011 c.474 §33; 2011 c.730 §21; 2019 c.483 §5]
OR Rev Stat § 315.054 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.054 - Federal tax credits allowable only as specified.

No credits applied directly to the income tax calculated for federal purposes pursuant to the Internal Revenue Code shall be applied in calculating the tax due under ORS chapter 314, 316, 317 or 318 except those prescribed in this chapter or ORS chapter 314, 316, 317 or 318. [1993 c.730 §4 (enacted in lieu of 316.107)]
OR Rev Stat § 315.056 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.056 - Conditions for transfer of tax credit.

(1) Transfer of any transferable tax credit that is allowed under this chapter or ORS chapter 316 or 317 and that is transferred on or after January 1, 2020, is conditioned upon compliance with this section and ORS 315.052 and 315.053. (2) The Department of Revenue may require that the person that has earned the credit and the taxpayer that intends to claim the credit jointly file a notice of tax credit transfer with the department on or before the earliest of the following dates: (a) A date 30 days after the transfer of the credit; (b) The date on which the transferee files a return; or (c) The due date, including extensions, of the transferee’s return. (3) The notice shall be given on a form prescribed by the department that contains: (a) The name and address of the transferor and of the transferee; (b) The taxpayer identification number of the transferor and of the transferee; (c) The dates on which the person earning the credit received certifications for the credit; (d) The amount of the credit that is certified, the amount that is being transferred and the amount that is being retained by the transferor; and (e) Any other information required by the department. (4)(a) If a tax credit must be claimed over multiple tax years, a transferor may separately transfer the entirety of that portion corresponding to each tax year to one or more transferees, subject to subsection (5) of this subsection. (b) Any amount of credit that would be allowed due only to a carryforward provision may not be transferred. (5) Any transfer of a tax credit or a portion of a tax credit must be completed no later than the earliest of the following dates in relation to the tax return on which it is claimed: (a) The original due date, including extensions, of the transferor’s return; (b) The date on which the transferor’s return is actually filed; (c) The original due date, including extensions, of the transferee’s return; or (d) The date on which the transferee’s return is actually filed. (6) Notwithstanding subsection (5) of this section, if the transferor is a tax-exempt entity, the transfer must be completed on or before a date one year after the close of the tax year for which the credit receives final certification. As used in this subsection "tax-exempt entity" means a government agency or an organization that is recognized as exempt under section 501(c)(3) of the Internal Revenue Code. (7) The transferee shall claim the credit in accordance with the credit provisions for the tax years in which the credit is allowed. (8) The department by rule may establish policies and procedures for the implementation of this section. [2019 c.483 §2]
OR Rev Stat § 315.058 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.058 - Agency to provide tax credit approval information to Department of Revenue.

(1) For any tax credit that is allowed under this chapter or ORS chapter 316 or 317 and for which certification, determination of eligibility or other approval from an agency other than the Department of Revenue is required and was issued on or after January 1, 2019, the department may require that the other agency provide information about the certification, determination of eligibility or other approval, including the name and taxpayer identification number of the taxpayer or other person receiving approval, the date the approval was issued in its final form, the approved amount of credit and the first tax year for which the credit may be claimed. (2) Within two months after the close of the tax year in which the approval was issued, a taxpayer that is a pass-through entity that has received approval shall provide to the department, in the manner prescribed by the department, the name and taxpayer identification number of each owner receiving a distributive share of the credit and any other information required by the department pertaining to an owner receiving a distributive share. [2019 c.483 §3]
OR Rev Stat § 315.063 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.063 - Waiver of substantiation by Department of Revenue; rules.

The Department of Revenue, by rule, may waive partially, conditionally or absolutely requirements for proof or substantiation of claims for subtractions, exclusions, exemptions or credits allowable for purposes of taxes imposed upon or measured by net income. [1995 c.54 §2]
OR Rev Stat § 315.106 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.106 - Reforestation credit preliminary certificate; application; limitation calculation; rules; fee.

(1) A taxpayer claiming the credit provided under ORS 315.104 shall file a written request with the State Forester for a preliminary certificate. The request shall contain: (a) Information that is required by the State Forester by rule; (b) An estimate of the amount of the credit the taxpayer expects to claim under ORS 315.104 (1)(a); and (c) Payment of any fee required by the State Forester by rule adopted under subsection (4) of this section. (2) The State Forester shall consider requests for preliminary certificates in the chronological order in which the requests are filed with the State Forester. If the State Forester determines that the request complies with ORS 315.104 (1)(a), the State Forester shall issue the preliminary certificate to the taxpayer, to the extent the total amount of estimated claims for credit under ORS 315.104 (1)(a) for all preliminary certificates issued for the calendar year do not exceed the annual reforestation credit cost limitation calculated under ORS 315.108. (3) The State Forester may not issue a preliminary certificate to a taxpayer to the extent the estimated claim for credit under ORS 315.104 (1)(a) contained in the request for a preliminary certificate, when added to the total of estimated claims for credit under ORS 315.104 (1)(a) for all preliminary certificates issued by the State Forester for the calendar year, exceeds the annual reforestation credit cost limitation calculated under ORS 315.108. (4) The State Forester shall establish by rule a fee for filing a written request for a preliminary certificate under this section. The fee shall be adequate to recover the costs incurred by the State Forestry Department in administering the reforestation tax credit program established under this section and ORS 315.104 and 315.108. (5) Moneys collected from fees established by the State Forester under rules adopted under this section shall be deposited in the State Forestry Department Account to be used for the purposes of administering the reforestation tax credit program. [1995 c.746 §25; 2005 c.796 §3] Note: 315.106 is repealed January 2, 2028. See section 9, chapter 883, Oregon Laws 2007.
OR Rev Stat § 315.108 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.108 - Annual reforestation credit cost limitation.

(1) On or before January 1, 1996, the State Forester shall determine an average annual amount of estimated reforestation project costs for which credit was claimed under ORS 315.104 (1)(a) during the period from July 1, 1992, to July 1, 1994. (2) The annual reforestation credit cost limitation shall be: (a) Equal to the average annual amount of estimated reforestation project costs determined under subsection (1) of this section for the calendar year beginning January 1, 1996. (b) Twice the average annual amount of estimated reforestation project costs determined under subsection (1) of this section for years beginning on or after January 1, 1997. [1995 c.746 §26] Note: 315.108 is repealed January 2, 2028. See section 9, chapter 883, Oregon Laws 2007.
OR Rev Stat § 315.111 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.111 - Legislative declarations regarding riparian land conservation.

The Legislative Assembly declares that the purpose of ORS 315.113 is to encourage taxpayers that have riparian land in farm production to voluntarily remove the riparian land from farm production and employ conservation practices applicable to the riparian land that minimize contributions to undesirable water quality, habitat degradation and stream bank erosion. [2001 c.912 §2]
OR Rev Stat § 315.117 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.117 - Legislative findings and declarations regarding on-farm processing.

The Legislative Assembly finds that farming and related agricultural activities make significant contributions to the economy of this state and that the contributions of family farms are important in maintaining the agricultural diversity upon which consistent economic performance is based. The Legislative Assembly further finds that changes in the marketplace and in the expectations of consumers of agricultural products have resulted in a need for greater vertical integration and on-farm processing of agricultural commodities. The Legislative Assembly declares that an income tax credit for property taxes paid on on-farm processing machinery and equipment encourages the continued operation and expansion of on-farm processing and results in a greater share of the value of agricultural products being retained by the farms in this state. The Legislative Assembly further declares that an incentive in the form of an income tax credit does not adversely impact the revenues of local governments in this state. [2001 c.725 §2]
OR Rev Stat § 315.123 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.123 - Minimum production and processing volume requirements; record- keeping requirements.

(1) For the first three tax years in which a taxpayer claims a credit under ORS 315.119, a taxpayer shall be deemed to have complied with the applicable minimum production and processing volume requirements of ORS 315.119 (3)(c) if the taxpayer has satisfied these requirements for the preceding tax year. (2) For the fourth tax year in which a taxpayer claims a credit under ORS 315.119, the taxpayer shall be deemed to have complied with the applicable minimum production and processing volume requirements of ORS 315.119 (3)(c) if the taxpayer has satisfied these requirements for the preceding tax year and at least one of the three tax years immediately prior to the preceding tax year. (3) For each tax year in which a credit is claimed under ORS 315.119, the taxpayer shall maintain records sufficient to determine the taxpayer’s production and processing volume for purposes of ORS 315.119 (3)(c). A taxpayer shall maintain the records required under this subsection for at least 10 years. [2001 c.725 §4] Note: See note under 315.119.
OR Rev Stat § 315.144 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.144 - Transfer of biomass credit; rules.

(1) A person that has obtained a tax credit under ORS 315.141 may transfer the credit to a taxpayer subject to tax under ORS chapter 316, 317 or 318. (2) A tax credit allowed under ORS 315.141 may be transferred on or before the date on which the return is due for the tax year in which the credit may first be claimed. After that date, no portion of a credit allowed under ORS 315.141 may be transferred. (3) To transfer the tax credit, the taxpayer earning the credit and the taxpayer that will claim the credit shall, on or before the date prescribed in subsection (2) of this section, jointly file a notice of tax credit transfer with the Department of Revenue. The notice shall be given on a form prescribed by the department that contains all of the following: (a) The name and address of the transferor and transferee; (b) The amount of the tax credit that is being transferred; (c) The amount of the tax credit that is being retained by the transferor; and (d) Any other information required by the department. (4) The State Department of Energy may establish by rule a minimum discounted value of a tax credit under this section. (5) The Department of Revenue, in consultation with the State Department of Energy, may by rule establish procedures for the transfer of tax credits provided by this section. [2007 c.739 §3; 2009 c.909 §50] Note: See note under 315.141.
OR Rev Stat § 315.154 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.154 - Definitions for crop donation credit.

As used in this section and ORS 315.156: (1) "Apparently wholesome food" means: (a) Food fit for human consumption; and (b) Food that meets all quality and labeling standards imposed by federal, state or local laws, even though the food may not be readily marketable due to appearance, age, freshness, grade, size, surplus or other condition. (2) "Crop" means an agricultural crop producing food for human consumption and includes, but is not limited to, bedding plants that produce food, orchard stock intended for the production of food and livestock that may be processed into food for human consumption. (3) "Food bank or other charitable organization" means any organization located in this state, including but not limited to a gleaning cooperative, that is exempt from federal income taxes under section 501(c)(3) of the Internal Revenue Code and that has as a principal or ongoing purpose the distribution of food to children or homeless, unemployed, elderly or low-income individuals. (4) "Grower" includes a person who raises livestock. (5) "Qualified donation" means the harvest or post-harvest contribution in Oregon of a crop or a portion of a crop grown primarily to be sold for cash that is donated by the grower of the crop to a gleaning cooperative, food bank or other charitable organization engaged in the distribution of food without charge, at such a time that the crop is still usable as food for human consumption and: (a) The grower of the crop has supplied any crop contract quota with the wholesale or retail buyer; (b) If the grower of the crop is a party to a contingent supply contract, the wholesale or retail buyer reduces the crop quota that was reasonably anticipated to be supplied by the grower; or (c) The grower of the crop otherwise determines to make a donation of apparently wholesome food. (6) "Wholesale market price" means the market price for the produce determined either by: (a) The amount paid to the grower by the last previous cash buyer of the particular crop; or (b) In the event there is no previous cash buyer, a market price based upon the market price of the nearest regional wholesale buyer or the regional u-pick market price. [1993 c.730 §16 (enacted in lieu of 316.089); 1999 c.21 §39; 2001 c.222 §1]
OR Rev Stat § 315.171 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.171 - Tax credit limit for biennium.

The Housing and Community Services Department may approve an application under ORS 315.167 only if the potential credits of the project would not cause the total potential credits claimed under ORS 315.164 (1) for all approved applications to exceed $16.75 million within the biennium in which the application is approved. [2021 c.525 §20]
OR Rev Stat § 315.184 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 315 - Personal and Corporate Income or Excise Tax Credits|Section 315.184 - Annual limitation on total amount of tax credits; proportionate reduction.

The total amount certified by the State Department of Agriculture for tax credits for the production or collection of bovine manure under ORS 315.176 may not exceed $5 million for all taxpayers for any calendar year. If the department receives applications for the credit sufficient to exceed this amount, the department shall by rule proportionately reduce the amount of certified credits among all taxpayers applying for the credit. [2017 c.610 §10; 2018 c.111 §2] Note: 315.184 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 315 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.