ORS 315.037: Tax expenditures applicable for limited time.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
(1) As used in this section, “tax expenditure” has the meaning given that term in ORS 291.201. (2) Any tax credit enacted by the Legislative Assembly on or after January 1, 2010, shall apply for a maximum of six tax years beginning with the initial tax year for which the credit is applicable, unless the Legislative Assembly expressly provides for another period of applicability. (3) Any tax expenditure enacted by the Legislative Assembly on or after January 1, 2014, shall apply for a maximum of six tax years beginning with the initial tax year for which the tax expenditure is applicable, unless the Legislative Assembly expressly provides for another period of applicability. [Formerly 315.050]
Official history and status
History: Note: 315.037 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 315 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
This rule cites
- ORS 291.201 — resolved
Cited by
- ORS 307.140: Property of religious organizations; affordable housing.
- ORS 307.181: Land acquired or owned by Indian tribe.
- ORS 307.555: Property burdened by affordable housing covenant used for owner-occupied housing.
- ORS 307.590: Definitions for ORS 307.590 to 307.596; new accessory dwelling units; newly converted multiplexes; taxing district approval.
- ORS 307.872: Heavy equipment rental tax; exemption from property tax; no maximum term; rulemaking authority.
- ORS 308.434: Homesteads destroyed by wildfire; special assessment of rebuilt homesteads; fees; application procedure; disqualification; appeals; treatment of added property.
- ORS 315.132: Credit allowed for current certifications following repeal or expiration.
- ORS 316.867: Legal fees in wildfire-related litigation.
- ORS 320.401: Transportation project tax expenditures in continuous effect.
- ORS 401.690: Exemption from certain taxes, registration and licensing requirements.
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors315.html