GroundRules
ORS 307.530: Termination if property held for future development or other purpose; additional taxes.
Where this section sits in the code
- 08 - Revenue and Taxation
- 29. Revenue and Taxation
- Chapter 307 — Property Subject to Taxation; Exemptions
An exemption granted under ORS 307.515 to 307.523 shall be immediately terminated and additional taxes imposed as provided in ORS 307.531 if the exempt property:
(1) Is being held for future development of low income rental housing; and
(2) Is used for any purpose other than the provision of low income rental housing.
Collected 2026-09-03T23:50:13Z. Source file · JSON