Oregon Administrative Rules
Chapter 150 - DEPARTMENT OF REVENUE
Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION
Section 150-308-1030 - Assessment of Farmlands Within Exclusive Farm Use (EFU) Zones
Universal Citation: OR Admin Rules 150-308-1030
Current through Register Vol. 63, No. 9, September 1, 2024
(1)
(a) Zoned farm use land means land that is
zoned as farm use land pursuant to ORS
215.010 to
215.190.
(b) Real market value is the basis for the
assessment of farmland not qualified to be assessed at farm use value. Real
market value is defined in ORS
308.205.
(2) Qualification and Disqualification Dates:
(a) To be entitled to farm use assessment,
land must be qualified as of January 1 each year. Often, qualifying farm use
land is not farmed during the winter months which include the qualifying date
of January 1. If land is not employed in farm use on January 1, the assessor
may look at the prior year's usage of the land to determine qualification for
January 1.
(b) Farm use
disqualifications take effect July 1 following the disqualification.
(3) Appeal on the question of qualification for special assessment as farm use land: An appeal from a decision of the assessor concerning qualification for special assessment as farmland under ORS Ch. 308A is made directly to the Magistrate Division of the Tax Court under 305.275(1) (also see 305.280). It is not made through an appeal to the county Property Value Appeals Board.
Statutory/Other Authority: ORS 305.100
Statutes/Other Implemented: ORS 308.370 & 308A.062
Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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