OAR 123-690-2400

For purposes of ORS 285C.403 (Certification of business firm)(3) to (6), following submission of the business firm’s application for certification as described in OAR 123-690-2300 (Applying for Certification):


The signatures of the local zone manager and county assessor approving the certification application are not valid if either one occurs:


After any facility property subject to the exemption under ORS 285C.409 (Property tax exemption)(1) has been placed in service;


After June 30, 2025, the operational sunset date prescribed under ORS 285C.406 (Claiming property tax exemption or income tax credit)(2)(a); or


Before any of the following (unless formally reaffirmed afterwards):


The commitments by the firm in the application to meet requirements under ORS 285C.412 (Conditions for continued exemption);


The relevant written agreement and the corresponding letter of confirmation by the Department as described in OAR 123-690-2000 (LOCAL APPROVAL — Written Agreement);


Any resolution by the sponsor or a cosponsor of the zone that authorizes or effects the written agreement in paragraph (B) of this subsection; or


The requisite resolution or resolutions under ORS 285C.403 (Certification of business firm)(3)(a) by the county and city (if applicable) in which the Facility Site is located.


Approval of the certification application may occur after:


The effective date of the termination of the enterprise zone, except as described in subsection (1)(b) of this rule; or


Commencement of applicable hiring or physical work on exempt facility property.


Except as qualified in this rule and OAR 123-690-5200 (Post-Certification Verification)(2)(a), the local zone manager and the county assessor shall approve the certification application upon satisfaction of the criteria under ORS 285C.403 (Certification of business firm)(3):
(a) At that point the business firm is “certified,” such that it is eligible for any of the exemptions under ORS 285C.409 (Property tax exemption)(1); and
(b) Within 30 days, the zone manager and assessor shall send the firm, the Department and the Department of Revenue copies of the approved certification application, executed written agreement, and any other attachment to the application or document related to certification.
Last Updated

Jun. 8, 2021

Rule 123-690-2400’s source at or​.us