Oregon Administrative Rules › Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT › Division 690 - LONG-TERM RURAL ENTERPRISE ZONE INCENTIVES › Section 123-690-0500 - Eligible Rural Enterprise Zones

Current through Register Vol. 63, No. 7, July 1, 2024
For purposes of annually identifying applicable counties, in
				which the Facility Site needs to be entirely located at the time that the
				written agreement in OAR
				123-690-2000 is executed:
(1) With on-line availability of
			 (non-preliminary) annual statistics or data described in this rule, the
			 Department shall analyze the data for all relevant years, ascertain which
			 counties in the state satisfy ORS
			 285C.400(3) or
			 (5), prepare associated information, and post
			 it on the Department web site for use by the public and business firms, as well
			 as local zone managers and county assessors.
(2)
(a) The
			 determination that a county meets the definition under ORS
			 285C.400(3) of
			 a 'county with chronically low income or chronic unemployment' shall first take
			 effect at least once a year on January 1 or July 1 following on-line
			 availability of the latest annual data. As the Department deems appropriate in
			 response to the release of new annual data or revisions to that data, the
			 Department may reissue or modify the determination, update associated
			 information, and set the effective date for changes in county status as
			 warranted.
(b) A correct, prior
			 determination in accordance with this section is not subject to retroactive
			 change due to revisions to the annual data.
(c) A county is a 'county with chronically
			 low income or chronic unemployment' if any of the following is true:
(A) The median derived according to paragraph
			 (d)(C) of this section for the most recent 10 or 20 consecutive years is at
			 least 1.3 rounded to the nearest tenth, based on unemployment rates described
			 in paragraph (d)(A) of this section.
(B) The median derived according to paragraph
			 (d)(C) of this section for the most recent 10 consecutive years is equal to or
			 less than 0.75 rounded to the nearest one-hundredth, based on per capita income
			 levels described in paragraph (d)(B) of this section.
(C) The county's change in total population
			 minus natural population change is equal to or less than negative one (-1),
			 based on the most recent estimates available from the Portland State University
			 Population Research Center, in comparison to the latest decennial U.S. Census
			 count of not less than three years earlier.
(d) As used in ORS
			 285C.400(3):
(A) "Most recently revised annual average
			 unemployment rate available" means the estimated percent of the civilian labor
			 force that is unemployed on average according to Local Area Unemployment
			 Statistics (LAUS) from the Oregon Employment Department in each of the most
			 recent calendar years available.
(B) "Most recently revised ... annual per
			 capita income levels available" means the average annual per capita personal
			 income level as estimated and revised by the U.S. Bureau of Economic Analysis
			 for each of the most recent calendar years available.
(C) "Median ratio of the county to the
			 equivalent of the entire United States for each year" means the average for the
			 two middlemost quotients that result from dividing the county figures described
			 in paragraph (A) or (B) of this subsection by each year's corresponding
			 national figure over 10 or 20 years.