Or. Admin. Code § 340-273-0950

Current through Register Vol. 63, No. 12, December 1, 2024

Section 340-273-0950 - Fee for Community Climate Investment Entities

(1) Each approved Community Climate Investment Entity must pay a fee to DEQ equal to 4.5% of all CCI contributions that the entity receives from covered fuel suppliers and:

(a) The fee is due biannually. No later than February 1 of each year, DEQ will send a fee invoice to each Climate Community Investment Entity. Each CCI Entity must pay a fee of 4.5% for all CCI contributions that the entity received from covered fuel suppliers between July 1 and December 31 of the previous calendar year. No later than August 1 of each year each DEQ will send a fee invoice to each Community Climate Investment Entity. Each CCI Entity must pay a fee of 4.5% for all CCI contributions that the entity received from covered fuel suppliers from January 1 through June 30 of that calendar year. Each CCI Entity must pay the fee within 30 calendar days of DEQ sending the fee invoice.

(b) DEQ may reduce the fee for any given fee period if a lesser amount is adequate to cover the costs of administering and overseeing the CCI program. The fee percentage for the fee period will be included in the fee invoice to each CCI entity.

(c) A report of all CCI contributions and date of contributions made during the previous fee period must accompany the fee payment.

(d) If no CCI contributions were received during the previous fee period, the CCI Entity must provide notification to DEQ that no contributions were received, and no fee to be paid.

(e) If a CCI Entity has not paid the CCI fee within the 30 calendar days of DEQ sending the fee invoice, a late fee will be assessed. The late fee may not be paid for using CCI funds. CCI Entity will be subject to late fees as follows:

(A) One hundred dollars per day for payments received between one and seven days late;

(B) Two hundred dollars per day for payments received between eight and thirty days late; and

(C) Five hundred dollars per day for payments received on or after thirty days late.

(2) Reporting. Each fiscal year DEQ will report, post online, and present to the equity advisory committee its program expenditures and revenue related to the CCI fee.

Or. Admin. Code § 340-273-0950

DEQ 18-2024, adopt filed 11/22/2024, effective 11/22/2024

Statutory/Other Authority: ORS 468.020 & 468A.295

Statutes/Other Implemented: ORS 468.020 & 468A.295