When value is added to the roll under ORS
311.208 any additional taxes due
are eligible for the discount allowed under 311.507 if paid on or before the
15th of the month next following the month billed.
Discount must be allowed on the payment
of taxes resulting from additional value added to the current assessment and
tax roll if the payment is sufficient to pay all outstanding taxes on the
account plus the tax resulting from the additional value.
(a) A 3 percent discount is allowed on the
entire additional property tax amount if it is paid on or before the 15th of
the month following the month of the correction.
(b) A 2 percent discount is allowed on
two-thirds of the additional property tax amount if it is paid on or before the
15th of the month following the month of the correction. The remaining
one-third amount is due on or before the May trimester due date; otherwise
interest will accrue on the balance due as specified in ORS
Or. Admin. R.
RD 6-1994, f.
12-15-94, cert. ef. 12-30-94; Renumbered from 150-311.507, REV 7-2005, f.
12-30-05, cert. ef. 1-1-06; Renumbered from 150-311.507(1)(d),
28-2016, f. 8-12-16, cert. ef.
Stat. Auth.: ORS
Stats. Implemented: ORS