Relating to qualified equity investment tax credits; prescribing an effective date.

Extends sunset for tax credit for qualified equity investment. Increases maximum amount of qualified equity investments that Oregon Business Development Department may certify per tax year. Limits fees paid to qualified community development entity. For purposes of annual revenue limitation applicable to qualified active low-income community business, exempts residential rental income from dwelling units intended to be affordable. Applies to tax years beginning on or after January 1, 2018, and to qualified equity investments made in tax years beginning on or after January 1, 2018. Takes effect on 91st day following adjournment sine die.