(1) There shall be subtracted from federal taxable income amounts received from a scholarship awarded to the taxpayer or a dependent of the taxpayer that are used for housing expenses of the scholarship recipient at the time the scholarship recipient is attending an accredited community college, college, university or other institution of higher education.\n(2) A subtraction may not be allowed under this section if the amounts described in subsection (1) of this section:\n(a) Are not included in the taxpayer’s federal gross income for the tax year; or\n(b) Are taken into account as a deduction on the taxpayer’s federal income tax return for the tax year. [1999 c.747 §2]
Oregon Legal Code