Oregon passed a bill (H.B. 2523) creating a new income tax credit for the certified costs of a renewable energy resource equipment manufacturing facility, defined as any structure, building, installation, excavation, device, machinery, or equipment. The credit can be taken against the corporate income tax and the corporate excise tax. The total amount of the credit cannot exceed 50 percent of the certified cost of the facility, the credit is allowed for 10 percent of the certified costs in each of five years, and any unused credit can be carried forward for up to eight years.