ORS 468.153: Legislative findings and declarations.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
(1) The Legislative Assembly finds that the concept of environmental responsibility has matured beyond basic compliance with regulatory requirements to one in which citizens and businesses voluntarily implement innovative solutions to achieve shared environmental goals. (2) The Legislative Assembly declares that a pollution control tax credit that shifts the majority of the incentive away from compensation for basic regulatory compliance and toward encouraging voluntary investment is an effective way to achieve environmental goals. (3) The Legislative Assembly finds and declares that it is the policy of this state to promote sustainability and provide incentives for the voluntary prevention, elimination, reduction or control of air pollution, water pollution, solid waste and hazardous waste through the voluntary application of innovative solutions to achieve the environmental goals of this state. (4) The Legislative Assembly declares it to be the policy of this state to promote social, economic and environmental principles of sustainability by providing incentives to individuals and businesses that support social, economic and environmental sustainability goals. [2001 c.928 §9]
Official history and status
History: Note: 468.153 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 468 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
Administrative rules citing this section
- OAR 340-016-0005: Purpose — implements
- OAR 340-016-0010: Definitions — implements
- OAR 340-016-0060: Eligibility — implements
- OAR 340-016-0065: Fees — implements
- OAR 340-016-0070: Determining the Facility Cost — implements
- OAR 340-016-0075: Determination of Portion of Facility Cost Allocable to Pollution Control — implements
- OAR 340-016-0080: Certification — implements
- OAR 340-017-0010: Purpose — implements
- OAR 340-017-0015: Definitions — implements
- OAR 340-017-0020: Procedures for Receiving Preliminary Tax Credit Certification — implements
- OAR 340-017-0025: Procedures for Final Tax Credit Certification — implements
- OAR 340-017-0035: Amount of Tax Credits Available — implements
- OAR 340-017-0040: Procedure to Revoke Certification — implements
- OAR 340-017-0045: Procedures for Transfer of a Tax Credit Certificate — implements
- OAR 340-017-0050: Fees for Final Tax Credit Certification — implements
- OAR 340-017-0055: Taxpayers Receiving Tax Credit — implements
This rule cites
No citations extracted.
Cited by
No inbound citations found.
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors468.html