2015 Regular Session
|At the request of:||(at the request of Governor John A. Kitzhaber, M.D., for Department of Revenue)|
|Bill Title:||Relating to industrial property; and prescribing an effective date.|
Requires Department of Revenue to appraise industrial property if improvements have real market value of more than $1 million, unless appraisal delegated to county upon request of county assessor.
Provides that delegation of appraisal continues for minimum of five consecutive assessment years and thereafter until county assessor requests department to resume appraisal responsibility. Provides that appeal of correction pertaining to state-appraised industrial property must be brought in tax court. Takes effect on 91st day following adjournment sine die.
|Chapter Number:||Chapter 36|
|Fiscal Impact:||No Fiscal Impact|
|Revenue Impact:||No Revenue Impact|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||Chapter Number Assigned|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|