A business firm engaged in Electronic Commerce will likely be eligible in other ways under ORS 285C.135 (Requirements for eligibility), but it shall not be subject to the requirements or restrictions of those other ways once the enterprise zone is effectively an E-commerce zone.
If an eligible business firm that originally sought eligibility based on Electronic Commerce does not satisfy that definition, it may still receive authorization and exemption subject to another way’s requirements or restrictions, except in an area described in OAR 123-662-1200 (Designated Areas)(4) or (5).
The following may occur only once the enterprise zone is effectively an E-commerce zone:
Authorization and qualification of a firm that is eligible only by virtue of Electronic Commerce; or
Property that due to section (3) of this rule does not qualify for exemption by January 1 of the first year, for which a business firm may claim the exemption, is not allowed to qualify later, even if the enterprise zone becomes an E-commerce zone.
After an area’s status as an E-commerce zone effectively ceases, a business firm shall enjoy the following protection for exemption on qualified property respective to Electronic Commerce eligibility, notwithstanding that the firm might be eligible in another way: