July 1, 2014 Sunset Date
This sunset date is for facility owners who showed proof of beginning construction per ORS 315.357 and OAR 330-090-0160. Owners must submit a final application before the preliminary certificate expires, or the program sunsets, whichever comes first.
A facility owner may use the pass-through process to transfer the tax credit before the program sunsets. ODOE charges a fee for this service and requires owners to pay the fee before a pass-through can occur.
Facility owners who plan to work with a third party intermediary, please complete the notice of intent form.
ODOE is starting the rulemaking process to clarify 2014 sunset deadlines, the transfer process and make permanent the Nov. 16, 2012 temporary rule that defines tax credit “use.”
Although the 2011 Oregon Legislature replaced BETC with the new Energy Incentives Program, rulemaking is needed for ODOE to carry out obligations to BETC participants before the program ends in 2014. The public hearing on this is April 24, 2013. For more information: 2013 BETC Rulemaking