Oregon Administrative Rules
Chapter 330 - DEPARTMENT OF ENERGY
Division 225 - TRANSIT SERVICES ENERGY INCENTIVES PROGRAM
Section 330-225-0010 - Definitions
Current through Register Vol. 63, No. 9, September 1, 2024
For the purposes of this division, the following definitions apply:
(1) "Allocated project cost" means the amount of the transit services project's cost that may be eligible for tax credits. The department calculates by dividing the amount of the potential tax credit available to each applicant, determined by the process in OAR 330-225-0050(6), by the tax credit rate in effect for that Opportunity Announcement.
(2) "Applicant" means a person who has applied for or who has received a preliminary certificate for a transit services energy incentives program tax credit.
(3) "Certified cost" means the cost certified in the final certification.
(4) "Cost" has the meaning given in ORS 469B.320.
(5) "Department" means the Oregon Department of Energy.
(6) "Director" means the director of the department.
(7) "Opportunity period" means the timeframe specified in an Opportunity Announcement for the department to accept applications for transit services.
(8) "Substantial Energy Savings" means a reduction of at least 10 percent in the energy used by the transit service compared to the equivalent energy use of single occupant vehicles traveling the same number of passenger miles.
(9) "Transit Services Provider" means a public or nonprofit entity that provides transit services to the public and that receives state or federal funding for those services, or is the direct recipient of funding from an entity that receives state or federal funding for the services.
(10) "Transit Services" means transportation by a conveyance that provides regular and continuing transportation to the public, but does not include school bus, charter or intercity passenger rail transportation.
(11) "Vehicle Miles Reduced" (VMR) means the difference in miles driven by the transit services compared to miles driven by single occupant vehicles.
Stat. Auth.: ORS 469.040 & 469B.347
Stats. Implemented: ORS 469B.320-469B.347, 315.336 & OL 2012 Ch. 45