OAR 330-225-0040: Fees

The department adopts the following schedule of fees as provided by ORS 469B.335 for applicants. All fee payments are non-refundable, despite the results of the department’s review. (1) Applicants must submit an application fee of $500 with their preliminary certification application. (2) Applicants selected for technical review will be required to pay a technical review fee prior to that review. The fee amount is equal to the allocated project cost multiplied by 0.55 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 allocated project 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 transfer their tax credit to a pass-through partner must pay a pass-through fee. The fee is due after a pass-through partner has been identified and before the department can issue a tax credit. (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 $100 per tax 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 that choose to have their tax credit 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.