Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 674 - STANDARD EXEMPTION ON TAXABLE ENTERPRISE ZONE PROPERTY
Section 123-674-7240 - Cure
Current through Register Vol. 63, No. 9, September 1, 2024
As a consequence of actions taken by an eligible business firm in response to a Determination, it may still comply with the law and, in effect, cure the Noncompliance for purposes of ORS 285C.200(1)(f), such that:
(1) A Noncompliance is not curable if, in the presence of clear and convincing evidence, the Illegal Act in question is:
(2) A Noncompliance is also incurable if the total monetary penalty as described in subsection (3)(a) of this rule exceeds a level publicly declared for purposes of this rule and established by the zone sponsor before the Determination became final. According to stipulations in the sponsor's declaration, this level or levels shall be equal to or greater than:
(3) A Noncompliance, except as precluded by section (1) or (2) of this rule, may be cured insofar as the firm fully and clearly documents or demonstrates for the county assessor that:
(4) The decision to consider a Noncompliance cured shall be conclusive and not subject to ongoing efforts by the firm or continual verification.
Statutory/Other Authority: ORS 285A.075, 285C.060(1) & 285C.200(7)
Statutes/Other Implemented: ORS 285C.200