Mass Transit Districts

ORS 267.420
Employer payroll tax on State of Oregon and political subdivisions

  • requirements for tax ordinance


(1)

Any ordinance imposing an employer payroll tax on an entity described in ORS 267.380 (Definitions for ORS 267.380 and 267.385) (1)(a)(C) shall be adopted not less than six months prior to the beginning of the fiscal year of the mass transit district within which the employer payroll tax becomes effective.

(2)

(a) Any ordinance imposing an employer payroll tax on an entity described in ORS 267.380 (Definitions for ORS 267.380 and 267.385) (1)(a)(C) shall provide that for each of the four fiscal years after the fiscal year in which the employer payroll tax was first imposed, the entity shall pay the applicable percentage of the amount of employer payroll tax which, without regard to this section, it would have been required to pay under the law.

(b)

The applicable percentage shall be determined in accordance with the following table:

Number of fiscal years The applicable
after the fiscal year percentage is:
in which the employer
payroll tax is first
imposed:
One 20
Two 40
Three 60
Four 80

(c)

In the fifth fiscal year after the fiscal year in which the employer payroll tax is first imposed on an entity described in ORS 267.380 (Definitions for ORS 267.380 and 267.385) (1)(a)(C) and in any subsequent fiscal year, the applicable percentage shall be 100 percent. [1989 c.869 §4]

Source

Last accessed
Jun. 26, 2021