Chapter 308 — Chapter 308

ORS 308.628 Omitted property subject to assessment. (1) If the Director of the Department of Revenue determines that any real or personal property that is assessable by the Department of Revenue under ORS 308.505 to 308.674 has not been assessed on the assessment roll for the year in which the roll was last certified or on the roll for any prior year that does not exceed five years prior to the year for which the last roll was certified under ORS 308.621, the department shall give the notice prescribed in ORS 308.632 to the person or company in whose name the omitted property is to be assessed

0.8K chars

ORS 308.630 [Amended by 1955 c.735 §6; 1961 c.533 §49; repealed by 1977 c.870 §59]

0.0K chars

ORS 308.632 Notice of intention to add omitted property to assessment roll. (1) The Department of Revenue shall give notice to the company or person in whose name property is assessed of the department’s intention to add omitted property to the assessment roll under ORS 308.628

0.5K chars

ORS 308.635 [Amended by 1979 c.241 §34; 1981 c.804 §66; 1983 s.s. c.5 §8; 1985 c.613 §10; 1991 c.459 §155; 1997 c.541 §214; renumbered 308.621 in 2007]

0.0K chars

ORS 308.636 Correction of assessment roll to reflect omitted property; appeal. (1) If the person or company that is notified under ORS 308.632 does not appear before the Department of Revenue or appears but fails to show cause as to why the assessment should not be made, the Director of the Department of Revenue shall proceed to correct each certified assessment roll from which the property was omitted, but may not correct a roll for a year that exceeds five years prior to the year for which the last roll was certified

0.5K chars

ORS 308.640 Assessment and taxation of personal property of small private railcar companies; apportionment to counties. (1) The Department of Revenue shall determine the assessed value of the personal property of each small private railcar company by multiplying the real market value of the company’s personal property by the average ratio of assessed value to real market value of all property of large private railcar companies

2.5K chars

ORS 308.645 Reports by companies of mileage to county assessors. Upon request by the county assessor, a company assessed by the Department of Revenue under ORS 308.505 to 308.674 shall furnish a report to the county assessor, under oath, showing the length, as of January 1 at 1:00 a.m. of the assessment year, in each city, town, school district, road district, port or other municipal taxing agency or district, or in lieu thereof the length in each tax code area in the county, of main and branch railroad lines, and of main tracks, spurs, yard tracks and sidetracks and also of wire, pipe or pole lines and operational routes. [Amended by 1973 c.402 §12; 1997 c.154 §42; 2009 c.128 §14]

0.0K chars

ORS 308.650 Companies to maintain principal office and agent within state. Every company specified in ORS 308.515, doing business as such within this state, shall establish and maintain at some fixed point within the state a principal office and shall maintain thereat a secretary or managing agent

0.0K chars

ORS 308.655 Rules and regulations. The Department of Revenue may prescribe directions, rules and regulations to be followed in answering any requirement of ORS 308.505 to 308.674. [Amended by 1997 c.154 §43]

0.0K chars

ORS 308.660 [Repealed by 1995 c.79 §132]

0.0K chars

ORS 308.665 Railroad car exemption. (1) During the period of time described in subsection (3) of this section, railroad cars owned by private car companies undergoing major work including remodeling, renovation, conversion or repairs shall be exempt from taxation

0.7K chars

ORS 308.670 [1975 c.655 §1; 1977 c.679 §1; 1981 c.804 §67; 1991 c.459 §159; 1997 c.541 §215; repealed by 2001 c.114 §18]

0.0K chars

ORS 308.671 Elective exemption of certain communication-related property. (1) A company described in ORS 308.515 (1) that owns, leases or uses property listed in subsection (2) of this section may elect property described in one paragraph of subsection (2) of this section to be exempt from ad valorem property taxation

0.7K chars

ORS 308.673 [2015 c.23 §2; repealed by 2019 c.164 §1]

0.0K chars

ORS 308.674 Exemption equal to difference between real market value of company’s centrally assessable property and 130 percent of cost of company’s centrally assessable real and tangible personal property; limitations; exclusivity. (1) The property of a company described in ORS 308.515 (1) shall be granted an exemption in the amount of the positive value, if any, obtained by subtracting from the real market value of the company’s real property and tangible and intangible personal property included in the unit subject to central assessment, reduced by the amount of any exemption elected under ORS 308.671, an amount equal to the historical or original cost of the company’s real property and tangible personal property included in the unit subject to central assessment, without reduction for any exemption elected under ORS 308.671, multiplied by 130 percent

2.0K chars

ORS 308.675 [1975 c.655 §2; 1977 c.679 §2; repealed by 1997 c.541 §215a]

0.0K chars

ORS 308.677 [2015 c.23 §5; 2015 c.31 §7; repealed by 2019 c.164 §1]

0.0K chars

ORS 308.680 [1975 c.655 §3; 1977 c.679 §3; 1991 c.459 §160; repealed by 1997 c.541 §215a]

0.0K chars

ORS 308.681 [2015 c.23 §6; repealed by 2019 c.164 §1]

0.0K chars

ORS 308.685 [1975 c.655 §4; 1977 c.679 §4; 1979 c.350 §8; 1985 c.524 §2; 1991 c.459 §161; 1993 c.18 §71; repealed by 1997 c.541 §215a]

0.0K chars

ORS 308.690 [1975 c.355 §2; 1977 c.811 §3; 1979 c.534 §2; repealed by 1991 c.459 §184]

0.0K chars

ORS 308.695 [1975 c.355 §3; repealed by 1991 c.459 §184]

0.0K chars

ORS 308.700 [1975 c.355 §4; 1981 c.804 §68; 1985 c.613 §20; repealed by 1991 c.459 §184]

0.1K chars

ORS 308.701 Definitions for ORS 308.701 to 308.724. As used in ORS 308.701 to 308.724

0.9K chars

ORS 308.704 Option of owner to choose special assessment. An owner of multiunit rental housing that is subject to a government restriction on use may choose, at the discretion of the owner, to have the multiunit rental housing assessed under the special assessment provided in ORS 308.707 or may choose to have the multiunit rental housing assessed under the ordinary methods of assessing property in this state. Multiunit rental housing that is subject to a government restriction on use is not required to be assessed under the special assessment provided in ORS 308.707. [2001 c.605 §3]

0.0K chars

ORS 308.705 [1957 c.628 §2; 1967 c.77 §1; repealed by 1997 c.154 §25]

0.0K chars

ORS 308.707 Valuation of multiunit rental property subject to special assessment. (1) The specially assessed value, maximum assessed value and assessed value of multiunit rental housing shall be determined under this section if

2.4K chars

ORS 308.709 Application procedure; due dates; late filing; fee; assessor determination; appeals. (1) An owner of multiunit rental housing seeking to have the property assessed under ORS 308.707 must file a written application under this section

2.4K chars

ORS 308.710 [1957 c.628 §§3,5; repealed by 1997 c.154 §25]

0.0K chars

ORS 308.712 Methods to determine specially assessed value; election by owner; procedure; rules; fee. (1) The owner of multiunit rental housing that is subject to a government restriction on use and that is to be assessed under ORS 308.707 must elect the method by which the specially assessed value of the property is to be determined. The property owner must elect one of the following methods to determine the specially assessed value of the property

2.7K chars

ORS 308.714 Disqualification; notification requirements; penalties; rules; reapplication; new property or new improvements. (1) An owner of property assessed under ORS 308.707 must notify the county assessor if

2.4K chars

ORS 308.715 [1957 c.628 §4; 1959 c.297 §1; repealed by 1997 c.154 §25]

0.0K chars

ORS 308.720 [1957 c.628 §6; repealed by 1997 c.154 §25]

0.0K chars

ORS 308.723 Application of property tax expenditure funding. ORS 306.353 to 306.359 do not apply to ORS 308.701 to 308.724. [2001 c.605 §8]

0.0K chars

ORS 308.724 Rules. The Department of Revenue shall prescribe rules implementing the provisions of ORS 308.712 (1)(a). The department may prescribe any other rules necessary to administer the provisions of ORS 308.701 to 308.724, including rules establishing one or more alternative methods for determining the specially assessed value of multiunit rental housing under ORS 308.712 (1)(c). [2001 c.605 §9]

0.0K chars

ORS 308.725 [1957 c.628 §7; 1963 c.238 §2; 1965 c.492 §1; 1967 c.226 §1; 1969 c.595 §12; repealed by 1997 c.154 §25]

0.0K chars

ORS 308.730 [1957 c.628 §8; 1981 c.623 §5; repealed by 1997 c.154 §25]

0.0K chars

ORS 308.740 [1971 c.493 §2; 1991 c.459 §162; 1997 c.541 §218; renumbered 308A.300 in 1999]

0.0K chars

ORS 308.745 [1971 c.493 §1; renumbered 308A.303 in 1999]

0.0K chars

ORS 308.750 [1971 c.493 §3; 1991 c.459 §163; 1997 c.541 §219; renumbered 308A.306 in 1999]

0.0K chars

ORS 308.755 [1971 c.493 §4; 1999 c.503 §4; renumbered 308A.309 in 1999]

0.0K chars

ORS 308.760 [1971 c.493 §5; 1991 c.459 §164; renumbered 308A.312 in 1999]

0.0K chars

ORS 308.765 [1971 c.493 §6; 1991 c.459 §165; 1997 c.541 §219a; renumbered 308A.315 in 1999]

0.0K chars

ORS 308.770 [1971 c.493 §7; 1991 c.459 §166; 1997 c.541 §220; renumbered 308A.318 in 1999]

0.0K chars

ORS 308.775 [1971 c.493 §8; renumbered 308A.321 in 1999]

0.0K chars

ORS 308.780 [1971 c.493 §9; 1979 c.350 §9; renumbered 308A.324 in 1999]

0.0K chars

ORS 308.785 [1971 c.493 §10; renumbered 308A.327 in 1999]

0.0K chars

ORS 308.790 [1971 c.493 §11; renumbered 308A.330 in 1999]

0.0K chars

ORS 308.792 [1981 c.720 §3; 1999 c.21 §21; renumbered 308A.350 in 1999]

0.0K chars

ORS 308.793 [1981 c.720 §1; renumbered 308A.353 in 1999]

0.0K chars