# ORS § 315.051: 315.051 Report by Legislative Revenue Officer > Oregon · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_OR_T29_C315_S315.051 ## Section - **Citation:** ORS § 315.051 - **Heading:** 315.051 Report by Legislative Revenue Officer - **Jurisdiction:** Oregon - **Kind:** Statutes - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** OR Code / Title 29 / Chapter 315 / Section 315.051 ## Text (1) Prior to the beginning of each odd-numbered year regular session, the Legislative Revenue Officer shall submit a report addressing each income or excise tax credit that is scheduled to expire during the next even-numbered year. The Legislative Revenue Officer shall submit the report to a committee of the Legislative Assembly related to revenue, and may include information related to other tax credits in the report at the direction of an interim committee related to revenue. In preparing the report, the Legislative Revenue Officer shall seek input from the Department of Revenue, the Legislative Fiscal Officer and state agencies involved in administering any given credit. (2) The report required in subsection (1) of this section shall set forth: (a) The stated public policy purpose, if any, of the credit. (b) The expected timeline for achieving the public policy purpose, if a timeline exists. (c) The best means of measuring achievement of the public policy purpose. (d) The taxpayers or other entities or individuals that directly benefit from allowance of the credit and whether the credit is intended to benefit particular targets. (e) The effectiveness of the credit in benefiting its targets and any evidence that demonstrates its impact on its targets. (f) The expected results if the credit is allowed to expire under current law and any potential results of making incremental changes in the value of the credit rather than allowing it to expire. (g) Background information on the effect of similar credits allowed in other states. (h) Information regarding whether use of a tax credit is an effective and efficient way to achieve the stated policy goal. (i) The administrative and compliance costs associated with the credit. (j) Analysis of whether a direct appropriation might achieve the stated public policy purpose of the credit more efficiently. (k) What other incentives, including state or local subsidies or federal tax expenditures or subsidies, are available in this state that have a similar policy purpose. [2013 c.676 §2] Source: Section 315.051 — Report by Legislative Revenue Officer , https://www.­oregonlegislature.­gov/bills_laws/ors/ors315.­html (accessed May 26, 2025). ## Nearby sections - [ORS § 315.004 315.004 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_OR_T29_C315_S315.004.md) - [ORS § 315.037 315.037 Tax expenditures applicable for limited time](https://www.frixlaw.com/law-library/statutes/STATE_OR_T29_C315_S315.037.md) - [ORS § 315.044 315.044 Statement of purpose](https://www.frixlaw.com/law-library/statutes/STATE_OR_T29_C315_S315.044.md) - [ORS § 315.047 315.047 List of tax credits with revenue impact in excess of projection](https://www.frixlaw.com/law-library/statutes/STATE_OR_T29_C315_S315.047.md) - [ORS § 315.051 315.051 Report by Legislative Revenue Officer](https://www.frixlaw.com/law-library/statutes/STATE_OR_T29_C315_S315.051.md) - [ORS § 315.052 315.052 Limitation on transfer or sale of credit](https://www.frixlaw.com/law-library/statutes/STATE_OR_T29_C315_S315.052.md) - [ORS § 315.053 315.053 Restriction on types of transferees](https://www.frixlaw.com/law-library/statutes/STATE_OR_T29_C315_S315.053.md) - [ORS § 315.054 315.054 Federal tax credits allowable only as specified](https://www.frixlaw.com/law-library/statutes/STATE_OR_T29_C315_S315.054.md) - [ORS § 315.056 315.056 Conditions for transfer of tax credit](https://www.frixlaw.com/law-library/statutes/STATE_OR_T29_C315_S315.056.md) - [ORS § 315.058 315.058 Agency to provide tax credit approval information to Department of Revenue](https://www.frixlaw.com/law-library/statutes/STATE_OR_T29_C315_S315.058.md) - [ORS § 315.061 315.061 Suspension, revocation or forfeiture](https://www.frixlaw.com/law-library/statutes/STATE_OR_T29_C315_S315.061.md) - [ORS § 315.063 315.063 Waiver of substantiation by Department of Revenue](https://www.frixlaw.com/law-library/statutes/STATE_OR_T29_C315_S315.063.md) - [ORS § 315.068 315.068 Claim of right income repayment adjustments](https://www.frixlaw.com/law-library/statutes/STATE_OR_T29_C315_S315.068.md) - [ORS § 315.104 315.104 Reforestation](https://www.frixlaw.com/law-library/statutes/STATE_OR_T29_C315_S315.104.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_OR_T29_C315_S315.051. Check the current official text before relying on it. Not legal advice.