OAR 330-220-0040: Application Fees

The department adopts the following schedule of fees as provided by ORS 469B.335. All fee payments are non-refundable, despite the results of the department’s review. (1) Applicants must submit a fee of $300 with their preliminary certification application. (2) Applicants selected for technical review will be required to pay an additional technical review fee prior to that review. The fee amount is equal to the qualifying cost multiplied by 0.9 percent. (3) Applicants requesting amendments to preliminary certifications must submit a fee of $300 with their amendment request. (4) Applicants for final certification must submit with their application a final review fee. This fee amount is equal to the qualifying cost multiplied by 0.55 percent. All applicants seeking final certification for a project are required to apply for final review and pay the final review fee. (5) Applicants that choose to transfer their tax credit to a pass-through partner, pursuant to OAR 330-230-0110 to 330-230-0140, must pay a pass-through fee. The fee is due after a pass-through partner has been identified and before the department will issue a tax credit certificate. (a) If the department assists the applicant in obtaining a pass-through partner, or partners, the fee for that assistance is 1.25 percent of the tax credit amount plus $200 per tax credit certificate issued. (b) If the department does not assist the applicant in obtaining a pass-through partner, the fee is $200 per tax credit certificate issued. (6) Applicants issued a tax credit certificate that choose to have their tax credit certificate re-issued to a transferee must pay a transfer fee of $200 plus $100 per tax credit certificate issued. (7) If an applicant fails to pay fees timely as required by this rule, the department may reject the pending application and discontinue the review.