{"data":{"id":"us-or/ors-307.530","jurisdiction":"us-or","citation":"ORS 307.530","heading":"Termination if property held for future development or other purpose; additional taxes.","body":"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:\n      (1) Is being held for future development of low income rental housing; and\n      (2) Is used for any purpose other than the provision of low income rental housing.","path":["08 - Revenue and Taxation","29. Revenue and Taxation","Chapter 307 — Property Subject to Taxation; Exemptions"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors307.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:13Z","sha256":"96044d501b2133dd9c32f4ee7ba58b502e563424e0012ed4fb0a5f3dce8fd305","source_id":"us-or","stale":false,"prev":"us-or/ors-307.529","next":"us-or/ors-307.531"},"notice":"GroundRules: Original legal text. Not legal advice."}