Or. Admin. R. 150-308-0740 - Process for Voluntary Disqualification from Special Assessment Program and Subsequent Application

Current through Register Vol. 61, No. 4, April 1, 2022

(1) An owner may choose to remove their property from special assessment as government restricted multiunit rental housing at any time. The voluntary disqualification from special assessment becomes effective as follows:
(a) If the request for withdrawal from the program is filed with the assessor between January 1 and June 30 inclusive, the property will be removed from special assessment for the tax year beginning July 1 of the same calendar year.
(b) If the request for withdrawal from the program is filed with the assessor between July 1 and December 31 inclusive, the property will be removed from special assessment for the tax year beginning July 1 of the next calendar year.
(2) If a property is voluntarily disqualified from special assessment, the owner may file a new application and election form with the county assessor, on or before April 1 of any assessment year within 10 years immediately following the first tax year the property was first qualified for special assessment. If the application is approved, the property will be specially assessed for the next tax year.
(3) If a property has been voluntarily disqualified from special assessment, the property can qualify only one more time for special assessment. This subsequent qualification must occur within the 10 year period following the first tax year the property was first qualified for special assessment. Any applications for special assessment received by the assessor after the 10-year period will be denied.

Notes

Or. Admin. R. 150-308-0740
REV 6-2001, f. & cert. ef. 12-31-01; Renumbered from 150-308.714-(B), REV 59-2016, f. 8-13-16, cert. ef. 9/1/2016

Stat. Auth.: ORS 305.100

Stats. Implemented: ORS 205.320, 308.027, 308.156, 308.205, 308.234, 308.704, 308.709, 308.712, 308.714, 309.200, 311.806, 309.200 & 457.450

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