Oregon Statutes - Chapter 469 - Energy; Conservation Programs; Energy Facilities - Section 469.171 - Transfer of tax credit for alternative fuel vehicle; rules.

(1) The owner of an alternative fuel vehicle as defined in ORS 469.160 may transfer a tax credit otherwise allowed under ORS 316.116 for cost of the vehicle in exchange for a cash payment equal to the present value of the tax credit.

(2) The State Department of Energy may establish by rule uniform discount rates to be used in calculating the present value of a tax credit under this section. [1999 c.765 §2]

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Last modified: August 7, 2008