Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 674 - STANDARD EXEMPTION ON TAXABLE ENTERPRISE ZONE PROPERTY
Section 123-674-5100 - Eligible Utilization
Current through Register Vol. 63, No. 9, September 1, 2024
For purposes of property to be exempt in an enterprise zone under ORS 285C.170 or 285C.175:
(1) It must be exclusively for use in one or more eligible activities described in OAR 123-674-1100 and not an activity listed in OAR 123-674-1200(1).
(2) Consistent with section (1) of this rule, some property will typically not qualify for the exemption, including but not limited to the following examples:
(3) Sections (1) and (2) of this rule are excepted in the case of otherwise qualified property that is used for operations and at facilities described in OAR 123-674-1200(3) or (4), including but not limited to electronic commerce operations in a so-designated area as described in OAR 123-662.
(4) Any such property must also:
Stat. Auth.: ORS 285A.075 & 285C.060(1)
Stats. Implemented: ORS 285C.135, 285C.180, 285C.185 & 285C.240