Oregon Revised Statutes Title 26A. Economic Development § 285B.600

(1) “Certified employer” means an eligible employer certified under ORS 285B.605.

(2) “Compensation” has the meaning given that term in ORS 314.610.

(3) “Eligible employee” means a new full-time employee whose compensation averages at least 150 percent of the county or state average in annual per employee compensation, whichever is less, who is hired by a certified employer after the employer is certified under ORS 285B.605.

(4) “Eligible employer” means an employer that, in the month in which the employer submits an application under ORS 285B.608:

(5) “Estimated incremental Oregon Business Retention and Expansion Program tax revenues” means the Oregon personal income tax revenues that are estimated pursuant to ORS 285B.618 to be substantially equivalent to the amount of tax that eligible employees of an eligible employer will be required to pay under ORS chapter 316 as a result of compensation paid to the eligible employees by the eligible employer in the two consecutive tax years beginning with the tax year following the tax year in which the employer receives certification under ORS 285B.605.