Notwithstanding ORS § 317.349, finance leases as described in section 168(f)(8) of the Internal Revenue Code, as that section was amended and in effect for purposes of ORS § 317.349, shall be accorded the same treatment for Oregon tax purposes as they are for federal tax purposes. [1987 c.293 § 45; 2003 c.77 § 22]

[Repealed by 1957 c.632 § 1 (314.385 enacted in lieu of 316.545 and 317.355)]