Oregon Statutes 314.673 – Rules; report to Legislative Assembly
(1) The Oregon Business Development Department may, after consultation with the Department of Revenue, adopt rules to implement ORS § 314.668 to 314.673, including rules that define terms consistently with ORS § 314.668 to 314.673. Rules adopted under this section apply only to qualifying investment contracts executed on or after the date the rule is adopted.
Terms Used In Oregon Statutes 314.673
- Contract: A legal written agreement that becomes binding when signed.
(2) On or before February 15 of each odd-numbered year, the Oregon Business Development Department shall report to the Legislative Assembly in the manner provided in ORS § 192.245 regarding the progress of qualifying investment contracts executed under ORS § 314.668 to 314.673, including whether each taxpayer subject to a qualifying investment contract has complied with the employment requirement under ORS § 314.668 (4). [2012 s.s. c.1 § 6]
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