Oregon
Rule Rule 123-674-4300
Local Waiver of Employment Increase inside Zone


For purposes of ORS 285C.200(2), in which the local enterprise zone sponsor waives the required increase in the employment of the firm:

(1)

With such a waiver, the requirements described in OAR 123-674-4100(1) or 123-674-4600(1) do not apply, but those related to decreases inemployment outside the zone still do (if relevant), consistent with OAR 123-674-4100(3), 123-674-4200 and 123-674-4600(2).

(2)

Each governing body of the sponsor must adopt a resolution under ORS 285C.155:

(a)

Before authorization of the eligible business firm;

(b)

Stipulating the minimum employment level to be maintained during the exemption as described in section (4) of this rule; and

(c)

Identifying any other reasonable condition in accordance with OAR 123-668.

(3)

The resolution(s) described in section (2) of this rule shall incorporate either:

(a)

The minimum amount of investment according to section (5) of this rule; or

(b)

Specifications and methods for managing, measuring and enforcing the requirements under ORS 285C.205, by which the authorized business firm shall effectively:

(A)

Increase productivity by 10 percent; and

(B)

Dedicate an amount at least equal to 25 percent of the property tax savings to employee training.

(4)

The minimum employment as stipulated in the resolution(s):

(a)

Is a single, stated number of employees;

(b)

May be determined, as indicated in the resolution(s), by way of either Annual Employment or Claim Employment; and

(c)

Relative to Existing Employment, it:

(A)

May be lower for a waiver under ORS 285C.200(2)(b)(A)consistent with subsection (3)(a) of this rule; or

(B)

Shall be at least the same ifusing the productivity and workforce training provisions for a waiver under ORS 285C.200(2)(b)(B) according to subsection (3)(b) of this rule.

(5)

For a waiver based on ORS 285C.200(2)(b)(A), the authorized business firm must make an investment in qualified property under ORS 285C.050:

(a)

That is placed in service over as many as three successive years, at one or more locations inside the same enterprise zone ( and pursuant to as many Applicationsinasmuch as property at such locations is also to be exempt);

(b)

Regardless that some such qualified property is not actually exempt under ORS 285C.175, including but not limited, for example, to the propertys not being used in eligible activities; and

(c)

The total cost of which consistent with OAR 123-674-5000 is at least $25,000,000.

(6)

Prior to July 1 of the initial exemption year, the sponsor may (jointly) modify its resolution in accordance with sections (2) to (4) of this rule, but only if so requested by the firm.

(7)

Failure to satisfy the minimums, requirements or conditions, as described in this rule, shall result in the exemptions denial or disqualification consistent with OAR 123-674-4100(2) and 123-674-6400, although the county assessor is in no way obligated to consider compliance with any requirement arising from subsection (2)(c) or (3)(b) of this rule without formal confirmation from the zone sponsor.
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Last accessed
Oct. 17, 2019