OAR 123-674-5400
Property Already Entered on Rolls

(1) Other than the qualifying value consistent with OAR 123-674-5300 (Buildings, Structures and Other Real Property)(4) of later additions or modifications, property already entered on the assessment roll of the county before the effective date of the zone’s designation or amendment of the property’s location into the zone is not qualified property and may not receive exemption under ORS 285C.170 (Construction-in-process exemption) and 285C.175 (Enterprise zone exemption).(See OAR 123-674-8000 (ZONE BEGINNINGS & ENDS — Designation or Amendment) for further detail)
(2) Property that is assessed in the county after the zone’s designation or amendment may qualify and be exempted under certain circumstances, including but not limited to the following examples, which might occur in combination:

(a)

Assessment occurred while in the process of re/construction, modification or installation, and the taxpayer was not allowed to file or simply did not apply in a timely or acceptable fashion under ORS 285C.170 (Construction-in-process exemption) or 307.330 (Commercial facilities under construction) and 307.340 (Filing proof for cancellation of assessment).

(b)

The Firm/applicant acquired machinery & equipment located elsewhere in the county and subsequently installed it in the enterprise zone as permitted by OAR 123-674-5200 (Mechanical, Personal and Unqualified Property)(2).

(c)

While an administrative or judicial appeal is pending the property is assessed.

(d)

The authorized business firm misses the first-year filing deadline but receives the remaining years of the exemption as described in OAR 123-674-6100 (Mandatory First-year Claim with Property Schedule)(5)(b).

(e)

A building or structure acquired from an unrelated third party and authorized as described in OAR 123-674-2100 (Allowably Late Applications)(4) (provided, of course, that the building, structure, the applicable portion of it, or improvement to it was not in use or occupancy for more than a year preceding the first year of exemption).

Source: Rule 123-674-5400 — Property Already Entered on Rolls, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=123-674-5400.

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 123-674-5400’s source at or​.us