OAR 123-674-2500
Final Processing

Pursuant to OAR 123-674-2300 (Initial Processing by Local Zone Manager):

(1)

The county assessor or county assessment staff to whom the assessor delegates enterprise zone duties shall:

(a)

Accept any requisite invitation to a Preauthorization Conference, as feasible and warranted;

(b)

Approve or deny the Application within a reasonable time after receiving the Approval Form from the local zone manager;

(c)

Fill out and sign the pertinent section of the Approval Form, retain copy for assessor’s records, and return the form to or process it on behalf of the local zone manager, within five or fewer business days after making a decision in subsection (b) of this section; and

(d)

Include a written explanation with the materials returned to the local zone manager if denying authorization for any reason in OAR 123-674-2300 (Initial Processing by Local Zone Manager)(2).

(2)

The assessor or staff may refuse to approve the Application on condition of receiving reasonably critical information from the Firm/applicant or zone sponsor, including but not limited to resolving a concern raised with the Preauthorization Conference, or of holding an additional meeting if not properly notified of any prior meeting.

(3)

If the county assessor denies the Firm/applicant’s authorization, the local zone manager or county assessor shall within 15 or fewer business days after denial:

(a)

Refund any authorization filing fee that was paid.
(b) Have the Approval Form and the county assessor’s written explanation sent to the Firm/applicant through certified mail or in such a way that the date of receipt can be verified and have copies distributed to the Department of Revenue and the Department.
(4) Pending the completion and inclusion of any of the following as part of the Application (to which they shall be attached), the local zone manager and county assessor shall delay final processing of the Approval Form notwithstanding subsection (1)(c) of this rule:
(a) Written agreement in OAR 123-674-0700 (Written Agreement between Sponsor and Eligible Business Firm) for an extended abatement, except as incorporated in documentation of an urban enterprise zone’s standard conditions with OAR 123-674-2300 (Initial Processing by Local Zone Manager)(7);
(b) Resolution or resolutions of the governing body or bodies of the zone sponsor for a local waiver of the employment increase requirement in OAR 123-674-4300 (Local Waiver of Employment Increase inside Zone); or
(c) Executed lease or purchase agreement, but only as necessary for OAR 123-674-2100 (Allowably Late Applications)(4).
(5) Subject to both the local zone manager and county assessor approving the Application, as well as wrapping up special circumstances in section (4) of this rule, the local zone manager or county assessor shall:
(a) Immediately furnish the completed and signed Approval Form to the Firm/applicant, along with the summary or record of Preauthorization Conference, and executed or final copies of any document for purposes of OAR 123-674-2300 (Initial Processing by Local Zone Manager)(7) or subsection (4)(a) or (b) of this rule;
(b) Promptly distribute a copy of the form and Application to the local contact agency for the First Source Hiring Agreement without Application attachments or other documents; and
(c) Not later than 30 days after approval, see that the Department of Revenue and the Department receive a copy of the form and Application (with summary or record of Preauthorization Conference), and final or executed copies, as applicable, of any:
(A) Documentation for an urban zone’s standard conditions;
(B) Written agreement for an extended abatement with any associated resolution or warrant of local government approval;
(C) Resolution with exhibits or related documents for granting a waiver from required employment increase; and
(D) Other materials pertaining to authorization of the Firm/applicant or as directed by the Department of Revenue or the Department, which would not typically include copies of lease agreements or First Source Hiring Agreements.

Source: Rule 123-674-2500 — Final Processing, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=123-674-2500.

123–674–0001
Purpose, Scope and General Process for Businesses Seeking Exemption 123–674–0100
Definitions 123–674–0200
General Employment Terminology and Issues 123–674–0500
EXTENDED TAX ABATEMENT — General Points 123–674–0600
Compensation & Wage Standards 123–674–0700
Written Agreement between Sponsor and Eligible Business Firm 123–674–1000
BUSINESS ELIGIBILITY — Special Business Distinctions 123–674–1100
Basic Eligibility of Firms and Operations 123–674–1200
Ineligible Activities 123–674–1300
Eligible Business Firm with Ineligible Activities 123–674–1400
Gross Receipts Test 123–674–1600
Call Centers and Like Operations 123–674–1700
Headquarter Facilities 123–674–2000
AUTHORIZATION PROCESS — Timely Submission 123–674–2100
Allowably Late Applications 123–674–2300
Initial Processing by Local Zone Manager 123–674–2500
Final Processing 123–674–3000
AUTHORIZATION’S COVERAGE & EFFECT — Being An Authorized Firm 123–674–3100
Limitations on Exemption Relative to Authorization 123–674–3200
Amending the Application/Authorization 123–674–3500
Additional, Concurrent Authorizations 123–674–3700
Renewal of Active Status and Inactive Authorization 123–674–4000
EMPLOYMENT OF FIRMS — Computation of Averages 123–674–4100
Employment Requirement to Qualify Initially 123–674–4200
Diminishing Employment Well beyond the Zone 123–674–4300
Local Waiver of Employment Increase inside Zone 123–674–4600
Maintaining Sufficient Employment 123–674–4800
Sale or Leasing of Exempt Property 123–674–5000
QUALIFIED PROPERTY— Critical Terms 123–674–5100
Eligible Utilization 123–674–5200
Mechanical, Personal and Unqualified Property 123–674–5300
Buildings, Structures and Other Real Property 123–674–5400
Property Already Entered on Rolls 123–674–5500
Obligations for All Leases, Lessors and Lessees 123–674–6000
FILING & COMPLIANCE — Exemption Prior To ‘In Service’ 123–674–6100
Mandatory First-year Claim with Property Schedule 123–674–6200
Filing Latter-year Claims 123–674–6300
Disqualification of Particular Property 123–674–6400
General Firm Disqualification 123–674–6600
PAYBACK IN LIEU OF DISQUALIFICATION — Applicability 123–674–6610
Payment of Tax Savings 123–674–6620
Distribution of Payment among Cosponsors 123–674–6630
Utilization of Payments 123–674–6880
Deferral during Recession 123–674–6885
Additional Conditions with Deferral 123–674–7200
GENERAL LAWFULNESS — Terminology 123–674–7210
Declarations and Responsibilities 123–674–7220
Effect of Event of Noncompliance 123–674–7230
Materiality 123–674–7240
Cure 123–674–7250
Interpretation 123–674–7700
FIRST SOURCE HIRING AGREEMENTS — Coverage 123–674–7710
First-Source Procedures 123–674–7720
Handling Exemption Claims 123–674–7730
Allowing Late Execution of First-Source Agreement 123–674–8000
ZONE BEGINNINGS & ENDS — Designation or Amendment 123–674–8100
Authorization and Zone Termination 123–674–8200
Grandfathering in a Terminated Zone 123–674–8300
Timely Completion of Construction
Last Updated

Jun. 8, 2021

Rule 123-674-2500’s source at or​.us