Current through Register Vol. 61, No. 4, April 1, 2022
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.
(2) The Oregon other property percentage
shall be the ratio the cost of all other property in the unit bears to the
total cost of the unit times the ratio the cost of the Oregon portion of the
other property of the unit bears to the total cost of other property of the
unit.
(3) For natural gas
pipelines, depreciated original cost shall be used. For other pipelines,
undepreciated original cost shall be used.
Notes
Or.
Admin. R. 150-308-0600
RD 6-1994, f.
12-15-94, cert. ef. 12-30-94; Renumbered from 150-308.550(2)-(E),
REV
59-2016, f. 8-13-16, cert. ef.
9/1/2016
Stat. Auth.: ORS
305.100
Stats. Implemented: ORS
308.550
