OAR 340-016-0310: Clean Diesel Report and Retrofit Tax Credits: Tax Credit Cost Certification Letter

(1) If the Department approves an application pursuant to OAR 340-016-0330, it will issue a letter certifying the cost of a repower or retrofit according to 340-259-0020. The letter may: (a) Certify costs in a different amount than claimed in the application pursuant to OAR 340-259-0020; and (b) Impose recordkeeping requirements, or other terms on the applicant and a tax credit transferee. (2) The applicant must meet the requirements of the letter of certification regardless of any tax credit transfers. (3) The Department will notify the Oregon Department of Revenue in writing if a certification letter has been revoked or modified.