reglab/statecodes huggingface dataset:
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0310 - Real Market Value and Property Classification as Part of Assessment Roll

Current through Register Vol. 63, No. 7, July 1, 2024
(1) In addition to
			 the assessed value of property, the assessment roll must show:
(a) The real market value (RMV) of the land,
			 excluding all buildings, structures, and improvements thereon;
(b) The RMV of all buildings, structures, and
			 improvements; and
(c) The total RMV
			 for each parcel of real property not required to be assessed as a
			 unit.
(d) For properties subject to
			 ORS Chapter 100, for example, condominiums and time shares that are required to
			 be assessed as a unit, the assessment roll must show the RMV as well as the
			 assessed value of each unit.
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0320 - Property With Multiple Leases Assessed as One Parcel

Current through Register Vol. 63, No. 7, July 1, 2024
Properties with multiple leases must be assessed as one parcel
				except those properties covered by 307.110(2). The statutes have no provisions
				for assessing multiple leaseholds of undivided parcels of real property as
				separate tax accounts. It is not the assessor's responsibility to divide the
				assessed values and tax amounts for each leasehold for the owner. The accounts
				shall be set up as one account and the appraisal card(s) shall reflect the
				value of the entire parcel. Only buildings, machinery and equipment or fixtures
				owned separately from other associated property shall be separately
				assessed.
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.215
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0330 - Contents of Assessment Roll for Condominiums

Current through Register Vol. 63, No. 7, July 1, 2024
For purposes of the assessment roll for condominiums, the land,
				buildings, structures and improvements are to be considered together as a
				single value for the real market value. Where appropriate, the land, buildings,
				structures and improvements are to be considered together as a single value for
				the assessed value.
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.215
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0340 - Printout Required When Assessment and Tax Rolls do not Constitute a Written Record

Current through Register Vol. 63, No. 7, July 1, 2024
All information specified in the laws and administrative rules
				relating to the assessment roll, the tax roll and the June 30 Tax Collector's
				Report must be on the printouts or microfiche. The information required on
				these printouts or microfiche is specified below.
(1) The tax roll must reflect the assessments
			 as of September 25 and show all corrections, changes, and additions made to the
			 data in the computer occurring between September 25 and the date the roll is
			 delivered to the tax collector. In addition to the information specified under
			 ORS 308.215 for the assessment roll,
			 printouts or microfiche must contain the following information.
(a) Tax year;
(b) County;
(c) Mailing address for the tax statement;
(d) Building class;
(e) Manufactured structure "X" plate number
			 or HUD identification number;
(f)
			 All current year taxes extended;
(g) All delinquent taxes as specified in ORS
			 311.125.
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0350 - Filing Requirements for Certain Delayed Annexations by Cities

Current through Register Vol. 63, No. 7, July 1, 2024
(1) This rule
			 applies to delayed annexations by cities allowed under ORS
			 222.750. In these annexations,
			 all nonresidential zoned property and all residentially zoned property in
			 nonresidential use become annexed immediately, while all properties zoned for
			 and in residential use are annexed on a delayed basis, with the length of the
			 delay specified by the ordinance or resolution. Properties subject to delay are
			 annexed immediately upon transfer of ownership.
(2) For purposes of ad valorem taxation, the
			 requirements for notification can be found in ORS
			 308.225, and the procedure is as
			 follows:
(a) During initial submission of a
			 code boundary change request for annexation of unincorporated territory subject
			 to delayed annexation under ORS
			 222.750, the map and legal
			 description must at a minimum describe the initially annexed properties. If
			 describing the entire exterior boundary of the annexation in the initial
			 submission, any areas subject to delayed annexation must be clearly excepted by
			 separately describing the areas and noting them on the filed map.
(b) A code boundary change request must be
			 submitted for any property subject to delayed annexation that becomes part of
			 the city before the end of its delay period due to transfer of ownership.
(c) If not described in a previous
			 submission, a code boundary change request must be submitted for any remaining
			 properties at the conclusion of their delay.
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0355 - Filing Requirements for Boundary Changes

Current through Register Vol. 63, No. 7, July 1, 2024
(1) A legal description and an accurate map
			 are filed in "final approved form" when the Department of Revenue can approve
			 them with no amendments or corrections needed.
(2) The legal description submitted to the
			 department must comply with the requirements set out in ORS
			 308.225(2)(b)
			 and the following:
(a) The point-of-beginning
			 of the legal description must be clear. The point-of-beginning is best
			 described by bearing and distance from a section corner, a donation land claim
			 (DLC) corner, or another well-monumented corner.
(b) Bearings and distances must be given for
			 each course around the boundary description unless the description uses the
			 alternatives in ORS 308.225(2)(b)(A)(i) through
			 (vi) or those in ORS
			 308.225(2)(b)(B).
(c) If a deed reference is used as a
			 point-of-call, a copy of the deed must also be submitted. The description must
			 be consistent with or derived from the most recently recorded deed(s) for the
			 affected property.
(d) Tax lot
			 numbers cannot be used for the legal description.
(e) If the area is large, township, range and
			 section numbers, and quarter-quarter sections may be used in the legal
			 description.
(f) If a point-of-call
			 is to a highway or county road, the description must state to which edge or to
			 the centerline.
(g) If a
			 point-of-call is to a river or stream, the description must state whether it is
			 on the mean high water, mean low water, thread, ordinary high water, or
			 ordinary low water line. The bearing requirement can be dismissed along rivers
			 and streams.
(h) If the boundary
			 change involves a whole county, then the description can refer to its statutory
			 description. Example: "All of Wallowa County as described in ORS
			 201.320."
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0360 - Appraisals of Real Property by Registered Appraisers

Current through Register Vol. 63, No. 7, July 1, 2024
Only appraisers registered under ORS
				308.010 shall appraise real
				property. If nonregistered appraisal assistants are utilized for gathering
				inventory data, it shall be only for gathering or recording factual inventory
				data or property characteristics. Any value estimates, or appraisal judgment
				decisions shall be made only by registered appraisers. Value estimates include
				lump sum dollar adjustments or percentage adjustments, depreciated replacement
				costs (DRC), land or site valuation. Judgment decisions include determination
				of quality class, quality adjustment, depreciation from all causes; or over
				improvement or under improvement and estimated market rent.
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.231
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0370 - Determining Taxable Value for Assessment Charges on Property Exempt from Taxation

Current through Register Vol. 63, No. 7, July 1, 2024
If a property that is exempt from ad valorem taxation is
				subject to assessment charges, the assessor shall determine the maximum amount
				of assessment charges by using the real market value of the
				property.
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.232
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0380 - Appraisal of Real Property

Current through Register Vol. 63, No. 7, July 1, 2024
The following constitutes standards for the valuation of real
				property except for property assessed under ORS
				308.505 to
				308.665 and ORS
				308.805 to
				308.820.
(1) Industrial property. In the case of
			 industrial properties, appraisals must conform with the following conditions:
(a) Basic data and supplemental data for an
			 appraisal must be the same as required in ORS
			 308.290 and
			 308.411. Valid data in any
			 previous appraisal such as property descriptions, inventory listing, maps,
			 etc., may be used in the appraisal.
(b) An appraisal as provided by the
			 industrial property return process is not an appraisal contemplated under ORS
			 308.234.
(c) A valuation review as provided in OAR
			 150-308.205(2) is an appraisal as contemplated under ORS
			 308.234, if the valuation review
			 meets the requirements of 308.411.
(d) Nothing in this rule is intended to
			 invalidate any assessment that appears on the assessment roll.
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0390 - Agricultural Land Devoted to Agricultural Purposes; Valuation for Ad Valorem Tax Purposes

Current through Register Vol. 63, No. 7, July 1, 2024
(1)
			 Agricultural land devoted to agricultural purposes as defined in OAR
			 150-307.320 is real property and shall, insofar as possible, be valued by the
			 methods provided in 150-308.205-(A). When practical, the value of comparable
			 bare land shall be utilized as primary evidence.
(2) In the absence of comparable bare land
			 sales, or when a partial appraisal is not feasible, the appraiser shall
			 estimate the market value of the land and the deciduous trees, shrubs, plants
			 and crops as a unit. The taxable value of the agricultural land devoted to
			 agricultural purposes shall then be determined by deducting the market value of
			 the deciduous trees, shrubs, plants and crops thereon from the total appraised
			 market value. The market value of the deciduous trees, shrubs, plants and crops
			 shall be determined by a method which considers:
(a) The cost of seed, shrub, nursery tree, or
			 cutting as culture dictates.
(b)
			 The cost of implanting the seed, shrub, nursery tree or cutting into the land
			 as culture dictates.
(c) The loss
			 of income from the land during the period of establishing the tree, shrub and
			 plant in condition to produce a crop.
(d) The risk involved in establishing the
			 tree, shrub and plant.
(e) The
			 quality and quantity of the trees, shrubs, plants and crops.
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0400 - Stipulation Procedures

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The phrase
			 "the convening of the board" in ORS 308.242(3)(b) means the first meeting of
			 the year during which the Property Value Appeals Board (PVAB) officially opens
			 the session under ORS 309.026.
(2)
			 The assessor may change the roll after December 31 and without an order of the
			 board when:
(a) A petition is filed with PVAB
			 under ORS 309.100;
(b) The assessor
			 and the petitioner sign a stipulation that specifies a reduction in value prior
			 to the date the board convenes as required by ORS 309.110(2); and
(c) The stipulation is delivered to the clerk
			 of the board prior to the time the board convenes.
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0410 - Cancellation of Personal Property Assessments

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The assessor must cancel the personal
			 property assessment for any taxpayer whose taxable personal property in the
			 county has a total assessed value (AV) below the threshold value computed
			 annually under ORS 308.250(5)(a).
(2) The department will notify the assessor
			 of the threshold value no later than March 1 of the tax year for which the
			 threshold value applies.
(3) After
			 the first year of cancellation, the taxpayer must complete and file Form
			 150-553-004, Confidential Personal Property Return, annually with the assessor
			 by the personal property return due date under ORS
			 308.290. The taxpayer must check
			 the box that indicates the assessor cancelled the AV the previous year and must
			 include the following:
(a) Taxpayer's name,
			 address, and phone number;
(b) If
			 applicable, the business name, address, and type of business;
(c) Location of property, if different from
			 (a) and (b) above; and
(d)
			 Assessor's account number.
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0420 - Exemption of Watercraft Undergoing Repairs

Current through Register Vol. 63, No. 7, July 1, 2024
(1) Watercraft owned or operated by centrally
			 assessed water transportation companies and undergoing "major" repairs as
			 defined in ORS 308.256(4),
			 shall be deemed exempt from taxation if such repairs are in progress as of
			 January 1, of the assessment year, but only upon receipt by the Department of
			 Revenue of documentation included in the annual filing stating the nature,
			 extent, and location of such repairs.
(2) All other assessable Watercraft
			 undergoing "major" repairs as defined in ORS
			 308.256(4),
			 shall be deemed exempt from taxation if such repairs are in progress as of
			 January 1, of the assessment year.
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.256
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0430 - Valuation of New Construction

Current through Register Vol. 63, No. 7, July 1, 2024
New construction including additions, remodeling, and
				rehabilitation, not in the current reappraisal area, shall be valued using the
				same appraisal data used for the building classes in that area when last
				appraised. The resulting value for new construction shall then be adjusted from
				the base appraisal year in the same manner as similarly classed improvements in
				the area.
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.275
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0440 - Confidentiality - Returns of Taxable Property

Current through Register Vol. 63, No. 7, July 1, 2024
Refer to OAR 150-192.501 for clarification of what is
				confidential information and how to safeguard that material.
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.290
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0450 - Industrial Property Returns - Incomplete Returns and Late Filing Penalties

Current through Register Vol. 63, No. 7, July 1, 2024
(1) Industrial
			 Property Returns are combined returns of real and personal property for
			 state-appraised industrial property. The Industrial Property Return forms and
			 instructions specify the information to be included in the return and submitted
			 to the department.
(2) A taxpayer
			 must submit a substantially complete return by the due date of the return. A
			 return is substantially complete if it contains sufficient information to allow
			 the return to be processed by the department. A return is not substantially
			 complete if:
(a) It is submitted with blank
			 or missing schedules unless the schedules are appropriately left blank and are
			 labeled with an identifying notation such as "no", "none", or "not applicable";
			 or
(b) It is submitted with
			 attachments that do not include required information as specified on the
			 schedule.
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0470 - County Contractors Having Access to Confidential Records

Current through Register Vol. 63, No. 7, July 1, 2024
Each county must include in all vendor contracts, where a
				firm's officers or employees may have access to confidential tax information, a
				clause prohibiting disclosure of information by any officer or employee of the
				vendor. The recommended clause follows: The disclosure of confidential
				information obtained from the administration of tax laws is unlawful. All
				reports, displays or discussions of confidential information must be clearly
				labeled and protected by all officers or employees of the firms. Specific
				reference is made to ORS
				308.290 and
				308.413.
Statutory/Other Authority: ORS
				  305.100
Statutes/Other Implemented: ORS
				  308.290
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0480 - Confidentiality of Property Tax Information for Centrally Assessed Companies; Exchange Under Reciprocal Agreements

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The following information must be held
			 confidential by the department:
(a) Returns
			 filed under ORS 308.290,
			 308.525, and
			 308.810;
(b) Appraisals containing information from
			 returns filed under ORS
			 308.290,
			 308.525, and
			 308.810;
(c) Any data or information obtained during
			 an inspection of the subject property or audit of a company subject to the
			 filing requirements of ORS
			 308.290,
			 308.525, and
			 308.810;
(d) Trade secrets as defined in ORS
			 192.501(2).
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0490 - Appraisal and Valuation of Industrial Plants

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The preliminary survey is defined as
			 gathering of data necessary to determine the methods and approaches to be used
			 in the appraisal to value the plant. Data pertaining to the plant may be
			 obtained from files in the Department of Revenue, from the county assessor's
			 office, from the company itself or from other sources. Information to be
			 obtained may include but is not limited to:
(a) Type of industry;
(b) Chronological age of the plant;
(c) Dates of major modernizations;
(d) Production rates relative to
			 plant capacity;
(e) Economic
			 factors affecting the industry;
(f) Records of sales of comparable plants;
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0500 - Confidentiality of Industrial Plant Information

Current through Register Vol. 63, No. 7, July 1, 2024
Any information furnished to the department and made
				confidential under ORS
				308.411 shall be available to
				each officer and employee of the office of the county assessor who has been
				authorized by the county assessor. All authorized personnel shall have signed
				certificates required under 308.413(3). The county assessor shall prepare a
				written list of the personnel authorized to receive the information. The list
				shall be mailed to the Director, Department of Revenue. The assessor shall
				review the list annually and shall correct it by additions and deletions as
				appropriate. Any changes shall be mailed to the Director, Department of
				Revenue. The safeguard procedures set forth in OAR 150-192.501 apply to the
				information made confidential under ORS
				308.411.
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.413
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0510 - Definition of Destroyed or Damaged

Current through Register Vol. 63, No. 7, July 1, 2024
"Destroyed or Damaged" means that the real or personal property
				is physically degraded by a qualifying fire or Act of God event. Property whose
				value is affected only by its proximity to another property physically degraded
				by a qualifying fire or Act of God event is not considered destroyed or damaged
				for purposes of proration of tax.
Example:
A landslide caused by an Act of God
				occurs in a subdivision. Some properties in the subdivision are physically
				damaged or destroyed by the landslide. Other properties in the subdivision are
				not physically affected by the slide, but may have a degraded market value due
				to the market attaching a stigma to the subdivision. Only those properties in
				the subdivision, which were physically degraded by the slide, are "damaged or
				destroyed" and eligible for a proration of tax under ORS
				308.425.
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.435
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0520 - Valuation of Nonprofit Homes for the Elderly

Current through Register Vol. 63, No. 7, July 1, 2024
(1) Comparable Facilities includes both
			 nonprofit and for-profit facilities with similar:
(a) Levels of care:
(A) Retirement living only: no meals are
			 included in the rent; similar to apartment or condominium living.
(B) Retirement living: monthly rent can
			 include meals; laundry; utilities; housekeeping; and, assistance with daily
			 living activities.
(C) Retirement
			 living: includes all of (B), and nursing services.
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0530 - Defining "Communication Services"

Current through Register Vol. 63, No. 7, July 1, 2024
(1) Irrespective of the origin of the
			 property, it is the policy of the department to treat as "communications
			 services," for purposes of ORS
			 308.505 and the central
			 assessment statutes, not merely the direct provision of communication services
			 to customers, but also the indirect provision of such communication services
			 through the leasing of communication facilities by tower aggregators.
(2) For purposes of centrally
			 assessed property, "communication services" includes paging services and tower
			 aggregators. Tower aggregators provide towers, poles, buildings or similar
			 facilities that are used in providing centrally assessed wireless communication
			 service. This rule shall first apply to tax year 2000.
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.505
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0540 - Assessment of Properties of Designated Utilities and Companies by Department of Revenue

Current through Register Vol. 63, No. 7, July 1, 2024
(1) As required
			 by ORS 308.510(5),
			 308.515, and
			 308.517, the Director shall make
			 determinations as to which properties of companies engaged in any of the
			 activities named in 308.515(1)(a) (herein referred to as "utility service")
			 shall be included on the assessment roll required under 308.560 and which shall
			 be included on the several county assessment rolls. To document these
			 determinations, the Department will issue serially numbered property
			 classification memorandums (PCM's) which describe the property and state that
			 it is subject to the assessment jurisdiction of either the Department or the
			 assessor of the county in which it is located.
(2) In reaching its determinations the
			 Department will be guided by the following:
(a) Change in classification of property from
			 state to county assessment or vice versa is made necessary by changes in use of
			 the property. Under the statute, ORS
			 308.515, the controlling factor
			 determining assessment responsibility is the use, present or intended, of the
			 property. In accordance the Department will classify:
(A) Those properties being used in utility
			 service as subject to the assessment jurisdiction of the Department.
(B) Those properties which are acquired or
			 held for subsequent use in utility service but assigned to and used by another
			 in a non-utility use as subject to assessment jurisdiction of the county
			 assessor.
(C) Those properties
			 which are acquired for use in utility service but not yet placed into such
			 service and where no other use is being made of the property as subject to
			 assessment by the county assessor or the Department of Revenue as may be
			 determined by the department.
(D)
			 Those properties no longer being used in utility service and not being held for
			 future use in utility service as subject to the assessment jurisdiction of the
			 county assessor. The status of a property as of January 1 shall be the
			 determining fact in its classification for that assessment year.
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0550 - Property Used for Guide Service

Current through Register Vol. 63, No. 7, July 1, 2024
(1) Water transportation property otherwise
			 assessable by the department under ORS
			 308.515 will be excluded from
			 department assessment if such property is used exclusively in "for hire"
			 transportation of other persons in guide service.
(2) Guide service as used in ORS
			 308.515(2)(b)
			 is the service provided by an individual or entity who for pay aids or assists,
			 or offers to aid or assist, any person or persons to locate, angle for, hunt or
			 trap wildlife.
(3) Property used
			 exclusively in the provision of guide service is, unless otherwise provided by
			 law, subject to the assessment jurisdiction of the assessor of the county in
			 which it is located.
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.515
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0560 - Confidentiality of Appraisals of Designated Utilities and Companies by Department of Revenue

Current through Register Vol. 63, No. 7, July 1, 2024
The files of designated utilities and companies appraised by
				Department of Revenue will be safeguarded in the manner stated in OAR
				150-192.501.
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.525
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0570 - Computation of Changed Property Ratio for Centrally Assessed Property

Current through Register Vol. 63, No. 7, July 1, 2024
The ratio of average maximum assessed value to real market
				value, also known as the changed property ratio, shall be rounded to two
				decimal places for purposes of assessed value calculation. See OAR
				150-308.149(3).
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.540
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0580 - Allocation of Mobile Aircraft Property Value

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The percent of the unit value of the
			 mobile aircraft property of air transportation and air express companies
			 assessed by the department pursuant to ORS
			 308.515 allocated to Oregon
			 shall be determined by the following formula: [Formula not included. See ED.
			 NOTE.]
(2) Definitions:
(a) Ground time is the amount of time between
			 the moment an aircraft comes to rest from one flight until it first moves under
			 its own power for purposes of another flight.
(b) Flight time is the amount of time between
			 the moment an aircraft first moves under its own power for the purposes of
			 flight until it comes to rest at the next point of landing. Oregon flight time
			 is the product of the total flight time of a flight originating or terminating
			 in Oregon multiplied by the Oregon percentage of the airport-to-airport
			 distance of the flight.
(c) A
			 departure occurs each time an aircraft takes off from one airport for purposes
			 of flight to another airport.
(d)
			 Tons enplaned and deplaned are the total number of tons (passengers and cargo)
			 loaded on and unloaded from company aircraft. Passengers and cargo entering a
			 carrier's system on interchange flights are considered as enplaning or
			 deplaning at the interchange point.
(e) Equated plane hours are calculated by
			 multiplying the actual plane hours of an aircraft type by the ratio of the
			 average value of that aircraft type to the base value. The base value is
			 defined as the average value of one designated aircraft type for each air
			 transportation company.
(f) Equated
			 departures are calculated by multiplying the actual number of departures for an
			 aircraft type by the ratio of the average value of that aircraft type to the
			 base value.
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0585 - Procedure for Determining Oregon Property Value for Private Railroad Car Companies

Current through Register Vol. 63, No. 7, July 1, 2024
(1) Private
			 car companies shall report the total miles their railroad cars traveled on the
			 railroads in Oregon and the corresponding total system mileage for the prior
			 two calendar years as part of their annual report to the Department of Revenue.
			 If complete information for the most recent year is not available at the time
			 the report is required, the company shall report its best estimate based on the
			 information it has available at that time.
(2) The department shall determine Oregon's
			 equivalent number of railroad cars for allocation purposes by use of the ratio
			 of Oregon mileage to the system total for the prior year. This ratio shall be
			 adjusted for any corrections of the previous estimated mileage report. The
			 resulting ratio shall be applied to the average number of cars in the fleet for
			 which the mileage was reported to determine the average car presence in
			 Oregon.
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.550
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0590 - Allocation of Centrally Assessed Electric Company Property Value

Current through Register Vol. 63, No. 7, July 1, 2024
Electric companies. The value of the Oregon portion of a unit
				of property used by a company operating both within and without this state in
				the business of distributing electricity shall be allocated to this state by
				multiplying the total value of the unit by a percentage, which shall be the sum
				of the Oregon production plant percentage, the Oregon distribution plant
				percentage and the Oregon other plant percentage.
(1) The Oregon production plant percentage
			 shall be the ratio the total original cost of the production plant of the unit
			 bears to the total original cost of the unit times the sum of:
(a) The ratio the Oregon portion of the
			 original cost of the production plant bears to the total unit original cost of
			 the production plant times 75 percent;
(b) The ratio the Oregon portion of the
			 unit's capacity to generate electricity, measured in kilowatts, bears to the
			 unit's total capacity to generate electricity times 10 percent; plus
(c) The ratio the Oregon portion of the
			 unit's total energy generation during the prior year, measured in megawatt
			 hours, bears to the unit's total energy generation during the prior year times
			 15 percent.
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0592 - Defining Electrical Inspection for Community Solar

Current through Register Vol. 63, No. 7, July 1, 2024
Date on which the electrical inspection for the project is
				completed and approved and eligible to claim the exemption granted under ORS
				307.175(5) is
				the later of the date the utility company (the off-taker of the electricity)
				confirms completion of its first inspection following pre-certification or the
				date the local government having jurisdiction completes its final electrical
				inspection. The taxpayer applying for the community solar project exemption
				(the Project Manager) must provide to the Department of Revenue written
				confirmation from the utility and the local government that the electrical
				inspection has been completed and approved.
Statutory/Other Authority: ORS
				  305.100
Statutes/Other Implemented: ORS
				  307.175
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0595 - Allocation of Centrally Assessed Gas Distribution Company Property Value

Current through Register Vol. 63, No. 7, July 1, 2024
Gas distribution companies. The value of the Oregon portion of
				a unit of property used by a company operating both within and without this
				state in the business of distributing natural gas shall be allocated to this
				state by multiplying the value of the unit by a percentage, which shall be the
				sum of:
(1) The ratio the Oregon
			 portion of the unit cost bears to the total unit cost times 75 percent;
(2) The ratio the Oregon portion
			 of the unit's total operating revenue for the prior year bears to the unit's
			 total operating revenue for the prior year times 15 percent; plus
(3) The ratio the Oregon portion of the
			 unit's net operating income from the prior year bears to the unit's net
			 operating income for the prior year times 10 percent.
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.550
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0600 - Allocation of Centrally Assessed Pipeline Company Property Value

Current through Register Vol. 63, No. 7, July 1, 2024
Pipeline companies. The value of the Oregon portion of a unit
				of property used by a pipeline company operating both within and without this
				state shall be allocated to this state by multiplying the value of the unit by
				a percentage, which shall be the sum of the Oregon pipeline percentage and the
				Oregon other property percentage.
(1)
			 The Oregon pipeline percentage shall be the ratio the cost of lines of pipe in
			 the unit bears to the total cost of the unit times the sum of:
(a) The ratio the Oregon portion of the unit
			 cost of lines of pipe bears to the total unit cost of lines of pipe times 75
			 percent;
(b) The ratio the Oregon
			 portion of pipe line use, measured in barrel miles or thousand cubic foot miles
			 (MCF miles), bears to the unit's total pipe line use times 20 percent; plus
(c) The ratio the Oregon portion
			 of the unit's total terminal activity during the prior year, measured in
			 barrels or thousand cubic feet, bears to the unit's total terminal activity
			 during the prior year times five percent.
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0605 - Allocation of Centrally Assessed Railroad Company Property Value

Current through Register Vol. 63, No. 7, July 1, 2024
Railroad companies. The value of the Oregon portion of a unit
				of property used in the business of railroad transportation by a company
				operating both within and without this state shall be allocated to this state
				by multiplying the value of the unit by a percentage, which shall be the sum of
				the following factors:
(1) The ratio
			 the Oregon single track mileage of the unit bears to the total single track
			 mileage of the unit times 20 percent.
(2) The ratio the Oregon car miles and
			 locomotive miles traveled in the prior year bears to the total car and
			 locomotive miles of the unit for the prior year times 20 percent. An Oregon car
			 mile is the movement of any car, loaded or unloaded, the distance of one mile.
(3) The ratio the Oregon railway
			 operating revenue for the prior year bears to the total railway operating
			 revenue of the unit for the prior year times 20 percent.
(4) The ratio the Oregon property original
			 cost bears to the total property original cost of the unit times 20 percent.
(5) The ratio the Oregon revenue
			 freight ton-miles for the prior year bears to the total revenue freight
			 ton-miles of the unit for the prior year times 20 percent.
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.550
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0610 - Allocation of Centrally Assessed Communication Company Property Value

Current through Register Vol. 63, No. 7, July 1, 2024
(1) Definitions
(a) "Original Cost" means the cost of
			 tangible property, plant and equipment as reported on the company's financial
			 statements including construction work in progress, property held for future
			 use, land, and leasehold improvements.
(b) "Oregon operating revenue" means gross
			 revenue from customers whose billing address is an Oregon address.
(c) "Oregon customers" means customers whose
			 billing address is in the state of Oregon.
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0615 - Allocation of Centrally Assessed Water Transportation Company Property Value

Current through Register Vol. 63, No. 7, July 1, 2024
Water transportation companies. The value of the Oregon portion
				of a unit of mobile watercraft property used by a company operating both within
				and without this state in the business of providing water transportation shall
				be calculated by multiplying the assessable value of the unit by a percentage,
				which shall be the sum of:
(1) The
			 ratio the Oregon portion of the originating and terminating tons of the
			 assessable unit for the prior year bears to the total originating and
			 terminating tons of the unit for the prior year times 50 percent;
			 plus
(2) The ratio the Oregon
			 portion of the ton-miles of the assessable unit for the prior year bears to the
			 unit's total ton-miles for the prior year times 50 percent.
(3) The assessable unit of mobile watercraft
			 property is defined as the value of all mobile watercraft property owned or
			 used by the company less:
(a) That portion of
			 value of any watercraft that ply the high seas or between the high seas and
			 inland ports, such portion to be based on the ratio the days in service on the
			 high seas or between the high seas and inland ports for the prior year bears to
			 the total days available for service for the prior year (ORS
			 308.256(2)(b)
			 and 308.515(3)(a));
			 and
(b) That portion of value of
			 any watercraft engaged in locally assessable activities described in ORS
			 308.515(3)(b),
			 such portion to be based on the ratio the days in service engaged in locally
			 assessable activities described in 308.515(3)(b) for the prior year bears to
			 the total days available for service for the prior year; and
(c) The value of any vessel undergoing
			 substantial repairs as of the assessment date as defined in OAR
			 150-308-0420.
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0660 - Unit Valuation of Centrally Assessed Properties

Current through Register Vol. 63, No. 7, July 1, 2024
(1) ORS
			 308.555 authorizes the
			 department to assess property by valuing the entire property as a unit.
			 Determination of the proper unit of property to be valued is a question of fact
			 to be decided by the appraiser under rules adopted pursuant to 308.655 and the
			 guidelines in the WSATA Handbook, adopted in OAR 150-308.655.
(2) For purposes of determining the assessed
			 value of centrally assessed property appraised as a unit pursuant to ORS
			 308.505 to
			 308.665, the following
			 definitions apply:
(a) "Controlling interest"
			 means owning or holding more than 50 percent of the voting stock or shares in a
			 company.
(b) "Holding company"
			 means a company that is formed to own the stock in other companies,
(A) A holding company usually owns enough
			 voting stock in another corporation to influence its board of directors and,
			 therefore, to control its policies and management.
(B) A holding company's operations are the
			 operations of the companies in which it holds stock.
(c) "Parent Company" means a company that
			 owns a controlling interest in another company.
(d) "Unit" means all property, real and
			 personal, tangible and intangible, as described in ORS
			 308.510, and used or held for
			 future use by a company in providing the services and commodities listed in ORS
			 308.515.
(e) "Unit valuation" is the valuation of
			 integrated assets functioning as an economic unit at their highest and best
			 use.
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0670 - Contents of the Utility Assessment Roll

Current through Register Vol. 63, No. 7, July 1, 2024
For each company assessed, the department will include on the
				assessment roll according to the best information available, the following
				information:
(1) The name of the
			 company;
(2) The name of a company
			 contact or authorized agent;
(3)
			 The last known address of the company or authorized agent;
(4) A general property description;
(5) The assessed value (AV), real
			 market value (RMV), AV exceptions, and the RMV of exceptions;
(6) The values apportioned to each county
			 where the property is located, including code areas, locations, county
			 reference number, miles of track, wire or pipe, and values per mile, as
			 applicable;
(7) Any penalty
			 assessed under ORS 308.030;
(8) Any other information the department
			 deems necessary for the counties to perform their duties as it pertains to the
			 value determined for utility companies.
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.550
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0680 - Contents of Department's Journal

Current through Register Vol. 63, No. 7, July 1, 2024
The department's journal shall contain:
(1) A schedule of hearings conducted by the
			 director during review of the tentative roll;
(2) The date the review is completed;
(3) The change property ratio for
			 centrally assessed property;
(4)
			 The name of each company assessed a late filing penalty and the amount of the
			 penalty.
(5) The name of each
			 company receiving a waiver of the late filing penalty from the director; and
(6) Any other information
			 pertaining to the review of the tentative roll that the director deems
			 appropriate.
Stat. Auth.: ORS
				  305.100
Stats. Implemented: ORS
				  308.605
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0690 - Centrally Assessed Property - Appraisal Guidelines

Current through Register Vol. 63, No. 7, July 1, 2024
The
2009 Western States Association of Tax Administrators
				Appraisal Handbook
: Unit Valuation of Centrally Assessed Properties is
				adopted as the official valuation guide for property assessed by the Oregon
				Department of Revenue under ORS
				308.505 to
				308.665 for ad valorem tax
				purposes.
Publications: Contact the Oregon Department of Revenue for
				  information about how to obtain a copy of the publication referred to or
				  incorporated by reference in this rule pursuant to ORS
				  183.360(2) and
				  183.355(1)(b).
Stat. Auth.: ORS
				  305.100,
				  308.655
Stats. Implemented: ORS
				  308.655
Oregon Administrative Rules › Chapter 150 - DEPARTMENT OF REVENUE › Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION › Section 150-308-0695 - Removal of Certain Elected Exempt Property from Correlated System Real Market Value of Centrally Assessed Property

Current through Register Vol. 63, No. 7, July 1, 2024
(1) Under ORS
			 308.671, a company may elect to
			 have one of three types of property exempted from ad valorem property taxation.
(a) Licenses granted by the Federal
			 Communication Commission (FCC),
(b) Franchises, or
(c) Satellites that are used to provide
			 communication services directly to retail customers, or that are being
			 constructed for such use, and FCC licenses related to the use of the satellites
			 to provide communication services.