OPIF Contribution for Tax Credit
The Oregon Production Investment Fund (OPIF) receives money to provide the rebates by offering Oregon income tax credits to taxpayers who contribute to the fund. Residents receive a state tax credit that can be used for up to three years on their personal income taxes. The OPIF program is authorized to issue up to $10 million worth of tax credits per year.
The 2015 OPIF online auction will begin July 8, 2015 at 9 am PDT at the following link:
The links to submit bids will not be active until that time, but complete information on the auction process and dates is available at the above link now.
A few important notes about the online auction:
The OPIF online auction will begin at 9 am Pacific Daylight Time (PDT) on Wednesday, July 8, 2015.
It will end at 5 pm PDT on Friday July 17, 2015.
No bids will be accepted before or after the designated times.
Bidders must submit payment along with Form TCA by Friday, July 24, 2015 at 5 pm.
There will be $10 million in tax credit certificates available for the auction.
The credit certificates will be in $500 increments and the minimum bid will be $475.
You may email firstname.lastname@example.org or call 971-254-4020 for more details.
For information on our OPIF, iOPIF, and Greenlight Oregon incentive programs for production companies, view our incentives page.