ORS 308A.315
Determination of maximum assessed value and assessed value of open space lands

  • rules

(1)

The maximum assessed value and assessed value of land classified as open space land under ORS 308A.300 (Definitions for ORS 308A.300 to 308A.330) to 308A.330 (Rules) shall be determined as provided in this section.

(2)

Land classified as open space land shall have an assessed value for the tax year equal to the lesser of the land’s maximum assessed value or the land’s open space value determined under subsection (5) of this section.

(3)

The land’s maximum assessed value shall equal 103 percent of the land’s assessed value for the previous tax year or 100 percent of the land’s maximum assessed value for the previous tax year, whichever is greater.

(4)

Intentionally left blank —Ed.

(a)

For the first tax year for which the land is classified as open space land, the land shall have a maximum assessed value equal to the land’s open space value determined under subsection (5) of this section multiplied by the ratio of the total maximum assessed value of all open space land within the county over the total open space value of all open space land in the county.

(b)

If there is an insufficient amount of land classified as open space land in a county to permit a statistically reliable ratio to be determined under paragraph (a) of this subsection, the statewide totals of maximum assessed value of open space land and open space value shall be used in determining the ratio.

(c)

The Department of Revenue shall prescribe rules setting forth the minimum amount of open space land in a county needed to establish a statistically reliable ratio.

(5)

The open space value of land classified as such under ORS 308A.300 (Definitions for ORS 308A.300 to 308A.330) to 308A.330 (Rules) shall be the land’s real market value under ORS 308.205 (Real market value defined):

(a)

Assuming the highest and best use of the land to be the current open space use, such as park, sanctuary or golf course. The assessor shall not consider alternative uses to which the land might be put.

(b)

Valuing the improvements on the land, if any, as required by ORS 308.205 (Real market value defined). [Formerly 308.765; 2003 c.169 §3]

Source: Section 308A.315 — Determination of maximum assessed value and assessed value of open space lands; rules, https://www.­oregonlegislature.­gov/bills_laws/ors/ors308A.­html.

Notes of Decisions

“Alternative uses” are not limited to alternative open space uses and therefore include use as homesite. Thompson v. Dept. of Rev., 12 OTR 326 (1991)

“Might be put” applies to present as well as prospective non-open space use. Thompson v. Dept. of Rev., 12 OTR 326 (1991)

308A.050
Legislative intent 308A.053
Definitions for ORS 308A.050 to 308A.128 308A.056
Definition of “farm use.” 308A.059
Farm use definition 308A.062
Qualification of exclusive farm use zone farmland 308A.065
County counsel review of exclusive farm use zoning ordinances 308A.068
Qualification of nonexclusive farm use zone farmland 308A.071
Income requirements for nonexclusive farm use zone farmland 308A.074
Wasteland qualifications 308A.077
Application to qualify nonexclusive farm use zone farmland 308A.080
Acquired land qualifications 308A.083
Potential additional tax liability 308A.086
Requalification generally 308A.089
Requalification of disqualified nonexclusive farm use zone farmland 308A.091
Rules for farm use special assessment pursuant to remediation plan 308A.092
Determining value for farm use 308A.095
Elective appointment of county board of review for advice on income-approach factors 308A.098
County board of property tax appeals use of assessor’s data 308A.107
Value for farm use 308A.110
Real property improvements and machinery not subject to farm use special assessment 308A.113
Disqualification of exclusive farm use zone farmland 308A.116
Disqualification of nonexclusive farm use zone farmland 308A.119
Abatement 308A.122
Effect of requalification on potential additional taxes 308A.125
Historic cemeteries within exclusive farm use zones 308A.128
Certain district assessments inapplicable to exclusive farm use zone farmland 308A.250
Definitions for ORS 308A.250 to 308A.259 308A.253
Qualification of homesites 308A.256
Maximum assessed value and assessed value of homesites 308A.259
Disqualification of homesite 308A.300
Definitions for ORS 308A.300 to 308A.330 308A.303
Legislative intent 308A.306
Application for open space use assessment 308A.309
Submission of application for approval of local granting authority 308A.312
Notice to assessor of approval or denial 308A.315
Determination of maximum assessed value and assessed value of open space lands 308A.318
Change in use of open space land 308A.321
Withdrawal by assessor when use changed 308A.324
Prepayment of additional taxes 308A.327
Reports on land use from owners 308A.330
Rules 308A.350
Definitions for ORS 308A.350 to 308A.383 308A.353
Legislative intent 308A.356
Application for exemption as riparian land 308A.359
Standards and criteria for exemption 308A.360
City and county authorization required for exemption of riparian land within city and urban growth boundary 308A.362
Approval or disapproval of application 308A.365
Duration of exemption 308A.368
Additional taxes upon withdrawal from riparian land designation 308A.371
Additional taxes 308A.374
Reports on riparian land use from owners 308A.377
Abatement of additional tax when farm, forest or open space land designated riparian 308A.383
Rules 308A.400
Findings 308A.403
Legislative intent 308A.406
Definitions for ORS 308A.403 to 308A.430 308A.409
Wildlife habitat conservation and management plans 308A.412
Plan submission and review 308A.415
Designation by State Fish and Wildlife Commission of land eligible for wildlife habitat special assessment 308A.418
Removal of designation upon request of city or county 308A.421
Effect of designation or removal for property tax purposes 308A.424
Application for special assessment 308A.427
Valuation 308A.430
Disqualification from special assessment 308A.450
Definitions for ORS 308A.450 to 308A.465 308A.453
Requirements 308A.456
Application for conservation easement special assessment 308A.459
Valuation 308A.462
Dwellings 308A.465
Inspection by holder 308A.700
Definitions for ORS 308A.700 to 308A.733 308A.703
Additional taxes upon disqualification 308A.706
Circumstances when additional taxes are deferred 308A.707
Additional taxes when land disqualified from small tract forestland assessment 308A.709
Circumstances when additional taxes are not imposed 308A.712
Determining amount of deferred additional taxes and period for which additional taxes are due 308A.715
Imposition of deferred additional taxes upon request of owner 308A.718
Assessor to send notice upon disqualification or forestland change in use 308A.724
Application for change of special assessment following disqualification 308A.727
Change to open space use 308A.730
Application for special assessment following acquisition of land through government exchange 308A.733
Withdrawal of change of special assessment application 308A.740
Legislative policy 308A.743
Disqualification limited when land subject to conservation and management plan, conservation easement or deed restriction
Green check means up to date. Up to date

Current through early 2024

§ 308A.315’s source at oregon​.gov