ORS Chapter 308

Chapter 308 — Assessmentof Property for Taxation

 

2009 EDITION

 

ASSESSMENTOF PROPERTY FOR TAXATION

 

REVENUEAND TAXATION

 

GENERALPROVISIONS

 

308.005     “Assessor”includes deputy

 

308.007     Definitions

 

308.010     Registeredappraiser requirements; continuing education; rules

 

308.015     Alternatequalifications for appraisers

 

308.020     Appealof large amounts of value; effect on computation of tax; limited to appealsfrom years before 1997-1998; rules

 

308.030     Penaltyfor failure to file certain statements within time limits; notice; waiver orreduction of penalty; rules

 

COUNTYASSESSOR

 

308.050     Assessor’sannual report on property appraisal program

 

308.055     Specialassessor appointed if assessor fails to act

 

308.057     Continuingeducation of county assessors required; effect of failure to comply;appointment of special assessor

 

308.059     Qualificationsof managerial employees of assessor

 

308.062     Actionby department when appraisals not being conducted as provided by law;reimbursement of department costs

 

308.065     Administeringof oaths by assessors and deputies

 

WHEREAND TO WHOM PROPERTY ASSESSED

 

308.105     Personalproperty

 

308.115     Minerals,coal, oil, gas or other severable interests owned separately from realty notsubject to tax; exception for actively mined interests; separately ownedimprovements separately assessed

 

308.120     Partnershipproperty; liability of either partner for whole tax

 

308.125     Undividedinterest; assessment; ownership of less than one forty-eighth interest

 

308.130     Undividedestate of decedent; liability for whole tax; right of contribution

 

308.135     Trusteeor personal representative separately assessed; valuation of property held asrepresentative

 

MAXIMUMASSESSED VALUE AND ASSESSED VALUE

 

(Generally)

 

308.142     “Property”and “property tax account” defined

 

308.146     Determinationof maximum assessed value and assessed value; reduction in maximum assessedvalue following property destruction; effect of conservation or highway scenicpreservation easement

 

(SpecialDeterminations of Value)

 

308.149     Definitionsfor ORS 308.149 to 308.166

 

308.153     Newproperty and new improvements to property

 

308.156     Subdivisionor partition; rezoning; omitted property; disqualification from exemption,partial exemption or special assessment; rules

 

308.159     Lotline adjustments

 

308.162     Propertytax account modifications

 

308.166     Orderingprovisions when property is subject to multiple special determinations of value

 

ASSESSMENTROLL; METHOD OF ASSESSMENT

 

308.205     Realmarket value defined; rules

 

308.207     Computationof real market value for taxing or bonding limitations

 

308.210     Assessingproperty; record as assessment roll; changes in ownership or description ofreal property and manufactured structures assessed as personal property

 

308.212     Requirementfor property owner to file address

 

308.215     Contentsof assessment roll; rules

 

308.217     Formof assessment and tax rolls; obtaining descriptions of property

 

308.219     Assessmentand tax rolls; preparation; contents; availability to public; rules

 

308.225     Boundarychange or proposed boundary change; procedure

 

308.231     Onlyregistered appraisers to appraise real property

 

308.232     Propertyto be valued at 100 percent real market value and assessed at assessed value

 

308.233     Useof sales data for physical appraisal

 

308.234     Recordof last appraisal; Department of Revenue to approve methods of appraisal

 

308.235     Valuationof land

 

308.236     Landvalues to reflect presence of roads; roads not assessed; exception for certaintimber roads

 

308.240     Descriptionof land; assessment to “unknown owners”; mistake or omission in owner’s name;error in description of property

 

308.242     Assessor’sauthority to change roll after September 25 limited; when changes permitted;stipulations

 

308.245     Maps;taxpayers’ index

 

308.250     Valuationand assessment of personal property; cancellation of assessment and short formreturn in certain cases; verified statements

 

308.256     Assessment,taxation and exemption of watercraft and materials of shipyards, ship repairfacilities and offshore drilling rigs

 

308.260     Watercraftused for reduction or processing of deep-sea fish; machinery and equipment;assessment; taxation

 

308.270     Publiclands sold or contracted to be sold to be placed on assessment roll; obtaininglist of such lands and of final certificates issued

 

308.275     Useof reproduction cost or prices and costs in determining assessed values

 

308.285     Requiringtaxpayer to furnish list of taxable property

 

308.290     Returns;personal property; exception; real property; combined real and personal returnsfor industrial property; extensions; confidentiality and disclosure;lessor-lessee elections; rules

 

308.295     Penaltiesfor failure to file real property or combined return on time; notice; waiver ofpenalty

 

308.296     Penaltyfor failure to file return reporting only personal property; notice; waiver ofpenalty

 

308.297     Personalproperty returns to note penalty for delinquency

 

308.300     Penaltyfor neglecting to file real property or combined return with intent to evadetaxation

 

308.302     Dispositionof penalties

 

308.310     Whenlist of persons issued electrical permits supplied

 

308.316     Examiningwitnesses, books and records; reference of matter to department upon failure toproduce records or testify

 

308.320     Oathof assessor upon completion of assessment roll

 

308.325     Certificateof assessment to person assessed

 

308.330     Dutyof assessor to assess properly

 

308.335     Departmenttesting work of county assessors; supplementing assessment list; specialassessor

 

308.341     Exemptionfor reduction in value by reason of comprehensive plan or zone change; limitedto tax years before 1997-1998; disqualification; treatment of property firstexempt in 1996-1997 tax year

 

308.343     Applicabilityof plan or zone change exemption

 

INDUSTRIALPLANTS

 

308.408     “Industrialplant” defined

 

308.411     Appraisaland real market valuation of industrial plants; rules

 

308.412     Effectof election to exclude income approach to value under prior law

 

308.413     Confidentialinformation furnished under ORS 308.411; exception; rules

 

DESTROYEDOR DAMAGED PROPERTY

 

308.425     Taxeson destroyed or damaged property; proration; reduction; effect of repair

 

308.428     Propertydestruction or damage during first six months of assessment year; July 1assessment date

 

308.440     Reliefnot allowed in case of arson by property owner

 

REHABILITATEDRESIDENTIAL PROPERTY

 

308.450     Definitionsfor ORS 308.450 to 308.481

 

308.453     Policy

 

308.456     Applicationof ORS 308.450 to 308.481; standards for processing certificate applications

 

308.457     Determiningboundaries of distressed areas; rules; limitation

 

308.459     Valuationof rehabilitated property not to be increased; effect of filing date ofcertificate

 

308.462     Qualificationsfor limited assessment

 

308.466     Processingapplications for limited assessment; issuance of certificate; judicial reviewof application denial

 

308.468     Feefor limited assessment applications; time of payment; disposition

 

308.471     Ownerto file statement with governing body when rehabilitation project finished;disqualification of property; judicial review of disqualification determination

 

308.474     Ownerto file annual statement regarding rental property transactions if agreementfiled under ORS 308.462 (2)

 

308.477     Terminationof limited assessment for incomplete construction or noncompliance; appeal;revaluation; tax liability

 

308.479     Terminationof limited assessment for change of use; additional taxes; circumstances whenadditional taxes not imposed

 

308.481     Extendingdeadline for completion of rehabilitation project; grounds

 

NONPROFITHOMES FOR ELDERLY PERSONS

 

308.490     Determiningvalue of homes for elderly persons

 

ASSESSMENTOF DESIGNATED UTILITIES AND COMPANIES BY DEPARTMENT OF REVENUE