(1) The total cost of a facility that receives a preliminary certification from the Director of the State Department of Energy for tax credits in any calendar year may not exceed:
(a) $20 million, in the case of a facility using or producing renewable energy resources, a renewable energy resource equipment manufacturing facility or a high-efficiency combined heat and power facility; or
(b) $10 million, in the case of any other facility.
(2) The director shall determine the dollar amount certified for any facility and the priority between applications for certification based upon the criteria contained in ORS 469.185 to 469.225 and applicable rules and standards adopted under ORS 469.185 to 469.225. The director may consider the status of a facility as a research, development or demonstration facility of new renewable resource generating and conservation technologies or a qualified transit pass contract in the determination. [1979 c.512 §5; 1981 c.894 §18; 1985 c.745 §3; 1987 c.158 §98; 1991 c.711 §3; 1993 c.684 §2; 1995 c.746 §15a; 1997 c.534 §12; 1997 c.656 §6a; 1999 c.365 §2; 2003 c.186 §23; 2007 c.843 §17]
Note: See note under 469.185.
Section: Previous 469.175 469.176 469.180 469.185 469.190 469.195 469.197 469.200 469.205 469.206 469.207 469.208 469.210 469.215 469.217 NextLast modified: August 7, 2008