Or. Admin. R. 150-311-0190 - Taxes Added to the Tax Roll as a Result of Error Correction; Including a Special Rule for Computing Interest

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

(1) When taxes other than levies under ORS 310.065 are added to the tax roll under 311.205 or the taxes already on the tax roll are increased under 311.205, the amount due for each installment shall be computed as follows:
(a) For tax years prior to 1991, the added or increased taxes shall be combined with the tax originally extended on the roll for the year(s) in question.
(b) For tax years 1991-92 and later, the limitation(s) imposed by section 11b, Article XI of the Oregon Constitution must be determined for the year(s) to which the tax will be added.
(A) If there is no change in value and the amount originally billed equals or exceeds the calculated limitation, new billing is not required.
(B) If the value is increased and the amount originally billed is less than the new calculated limitation, a new billing is required reflecting the correction.
(C) The additional taxes due shall be calculated based on the total taxes as corrected for the year being corrected and shall be the net amount due after the limitation is imposed.
(c) All payments received apply to the combined tax.
(2) For the purpose of determining the extent each installment has been paid, the additional or increased tax shall be added to the tax, if any, already extended to the same account.

Notes

Or. Admin. R. 150-311-0190
12-19-75; 12-31-77; RD 9-1983, f. 12-20-83, cert. ef. 12-31-83; RD 8-1991, f. 12-30-91, cert. ef. 12-31-91 REV 11-2000, f. 12-29-00, cert. ef. 12-31-00, Renumbered from 150-311.206; Renumbered from 150-311.206-(A), REV 28-2016, f. 8-12-16, cert. ef. 9/1/2016

Stat. Auth.: ORS 305.100

Stats. Implemented: ORS 311.206

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