Oregon Administrative Rules|Section 150-307-0480 - Pollution Control Facilities

                                                
Current through Register Vol. 60, No. 12, December 1, 2021 
Certified pollution control facilities meeting the requirements of ORS 468.165 and 468.170, are exempt from advalorem taxes to the extent of the highest percentage figure certified by the Environmental Quality Commission. This percentage is then applied to the amount of value the certified pollution control facilities contribute to the total property value. The value contribution of the pollution control facility can differ from its original cost because of inflation, depreciation, obsolescence, or other economic factors. Whenever the property is reappraised the value contribution of the certified pollution control facility shall be identified in the conclusion of value. The annual value changes will be recorded by the appraiser on county Form 310-089.
 
Or. Admin. R. 150-307-0480
RD 8-1988, f. 12-19-88, cert. ef. 12-31-88; Renumbered from 150-307.405, REV 54-2016, f. 8-13-16, cert. ef. 9-1-16
Forms referenced are available from the agency.
Stat. Auth.: ORS 305.100
 
Stats. Implemented: ORS 307.405
This section was updated on 9/27/2016 by overlay.