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Current as of January 01, 2023 | Updated by FindLaw Staff
(1) The Environmental Quality Commission by rule shall establish standards related to the certified cost necessary to perform a qualifying repower or retrofit, including but not limited to rules establishing the certified cost for purposes of the tax credit established in section 12, chapter 855, Oregon Laws 2007.
(2) For the purposes of subsection (1) of this section, certified cost:
(a) May not exceed the incremental cost of labor and hardware that the Department of Environmental Quality finds necessary to perform a qualifying repower or retrofit;
(b) Does not include the cost of any portion of a repower or retrofit undertaken to comply with any applicable local, state or federal pollution or emissions law or for ordinary maintenance, repair or replacement of a diesel engine; and
(c) May not exceed the cost-effectiveness threshold.
Cite this article: FindLaw.com - Oregon Revised Statutes Public Health and Safety § 468A.797 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-36-public-health-and-safety/or-rev-st-sect-468a-797/
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