(1) If a person has obtained pollution control facility certification in which the applicable percentage is 35 percent because of issuance of a Green Permit described under ORS 468.173 (3)(b) that applies to the certified facility and the Green Permit is revoked, the applicable percentage for any remaining tax credit to be claimed under ORS 315.304 shall be the applicable percentage described under ORS 468.173 (2). If the construction or installation of the facility is commenced on or after January 1, 2006, the pollution control facility certification shall be revoked.
(2) The Department of Environmental Quality shall inform the Department of Revenue of the revocation. [2001 c.928 §7]
Section: Previous 468.165 468.167 468.170 468.172 468.173 468.175 468.180 468.183 468.185 468.187 468.190 468.195 468.200 468.205 468.210 NextLast modified: August 7, 2008