(1) The owner, contract purchaser or lessee of a renewable energy resource equipment manufacturing facility may transfer a tax credit for the facility in exchange for a cash payment equal to the present value of the tax credit.\n(2) The Director of the Oregon Business Development Department shall establish by rule a formula to be employed in the determination of prices of credits transferred under this section. In establishing the formula the department shall incorporate inflation projections and market real rate of return.\n(3) The director shall recalculate credit transfer prices quarterly, employing the formula established under subsection (2) of this section. [2011 c.474 §9]
Oregon Legal Code