Oregon Statutes - Chapter 285C - Economic Development III

285C.045 Short title.
ORS 285C.050 to 285C.250 shall be known and may be cited as the Oregon Enterprise Zone Act. [Formerly 285C.260] Note: Section 5, chapter 888, Oregon...
285C.050 Definitions for ORS 285C.050 to 285C.250.
As used in ORS 285C.050 to 285C.250, unless the context requires otherwise: (1) �Assessment date� and �assessment year� have the meanings given those terms in...
285C.055 Legislative findings.
The Legislative Assembly finds and declares that the health, safety and welfare of the people of this state are dependent upon the continued encouragement, development,...
285C.060 Duties of department; rules.
In addition to any other powers granted by law, for the purpose of administering ORS 285C.050 to 285C.250, the Economic and Community Development Department shall:...
285C.065 Application for designation as enterprise zone; consent of governing body; contents.
(1) Any city, county or port may apply to the Director of the Economic and Community Development Department for designation of an area within that...
285C.066 City, county or port consent; rules.
The Economic and Community Development Department may adopt rules related to the consent required from a city, county or port under ORS 285C.065 in order...
285C.067 Consultation with local taxing districts; rules.
(1) A city, county or port that seeks to apply to the Director of the Economic and Community Development Department for enterprise zone designation under...
285C.070 Election to permit hotels, motels or destination resorts as eligible business firms; procedures; election revocation.
(1) The governing body of a city or county that is seeking enterprise zone designation under ORS 285C.065 may elect to permit a business firm...
285C.075 Review of application by department; designation approval; reapplication upon denial.
(1) The Economic and Community Development Department shall review each application for designation of an enterprise zone, and shall secure any additional information that the...
285C.080 Limitation on number of zones.
(1) As provided in ORS 285C.065 and 285C.075, the Director of the Economic and Community Development Department may approve the designation of: (a) Up to...
285C.085 Federal enterprise zones.
(1) The Economic and Community Development Department shall be the lead agency for state participation in a federal enterprise zone program. The Director of the...
285C.090 Requirements for area to be designated zone; exception.
(1) A proposed enterprise zone must be located in a local area in which: (a) Fifty percent or more of the households have incomes below...
285C.095 Designation for electronic commerce; application; revocation.
(1) A sponsor of an existing enterprise zone may seek to have the zone designated for electronic commerce under this section. (2) The sponsor shall...
285C.100 Alternative designation of city for electronic commerce.
(1) Notwithstanding ORS 285C.095, a city shall be designated for electronic commerce if the city: (a) By resolution of the governing body of the city,...
285C.105 Duties of zone sponsor.
(1) The sponsor of an enterprise zone shall: (a) Appoint a local zone manager. Upon appointment of the local zone manager, the sponsor shall provide...
285C.110 Availability of public property.
Subject to the requirements of the Oregon Constitution or any other applicable law, the State of Oregon and municipal corporations that own any real property...
285C.115 Change of zone boundaries.
(1) The sponsor of an enterprise zone may submit a request to the Economic and Community Development Department to change the boundary of the enterprise...
285C.120 Zone boundary change restrictions when county ceases to be sparsely populated; waiver of distance limitations; rules.
(1) If the population density of a county increases to more than 100 persons per square mile, so that the county is no longer a...
285C.125 Duties of Department of Revenue; rules.
For the purposes of ORS 285C.050 to 285C.250, the Department of Revenue shall: (1) Adopt any rules the Department of Revenue considers necessary to implement...
285C.130 Duties of county assessor.
The assessor of a county within which an enterprise zone is located shall: (1) Assist the sponsor, the local zone manager appointed by the sponsor...
285C.135 Requirements for eligibility.
(1) To be an eligible business firm, a business firm must be engaged, or proposing to engage, within the enterprise zone, in the business of...
285C.140 Application for authorization; contents; filing fee; consultation; approval; appeal; late filing.
(1)(a) Any eligible business firm seeking to have property exempt from property taxation under ORS 285C.175 shall, before the commencement of direct site preparation activities...
285C.145 Leasing existing property to authorized firm; failure to timely file for authorization; certain records exempt from disclosure.
(1) The Legislative Assembly finds that the standard procedure for authorization in an enterprise zone inappropriately deters development or redevelopment of qualified buildings on speculation...
285C.150 Conditions required by sponsor for authorization; reports.
(1) The sponsor of an urban enterprise zone may require an eligible business firm seeking authorization under ORS 285C.140 to satisfy other conditions in order...
285C.155 Minimum employment and other requirements for authorization.
For purposes of ORS 285C.200 (2): (1) The sponsor of an enterprise zone, at the time authorization is sought by a business firm under ORS...
285C.160 Agreement between firm and sponsor for additional period of exemption; requirements.
(1) An eligible business firm seeking authorization under ORS 285C.140 and the sponsor of the enterprise zone in which the firm intends to invest may...
285C.165 Extension of period of authorization; filing fee.
(1) In the case of an authorized business firm that has not yet claimed the exemption under ORS 285C.175 on qualified property: (a) After the...
285C.170 Construction-in-process exemption.
(1) Property shall be exempt from ad valorem property taxation under this section if: (a) The property is located in an enterprise zone; (b) The...
285C.175 Enterprise zone exemption; requirements; duration.
(1) Property of an authorized business firm is exempt from ad valorem property taxation if: (a) The property is qualified property under ORS 285C.180; (b)...
285C.180 Qualified property generally.
(1) The following types of property are qualified for exemption under ORS 285C.175: (a) A newly constructed building or structure. (b) A new addition to...
285C.185 Minimum cost of qualified property; leased property; hotel, motel or destination resort property; electronic commerce property.
(1) In order for property to be qualified property under ORS 285C.180, the property must cost: (a) $50,000 or more, in the case of: (A)...
285C.190 Requirements for qualifying reconditioned, refurbished, retrofitted or upgraded property.
(1) Notwithstanding ORS 285C.180 (1)(c), an item of reconditioned, refurbished, retrofitted or upgraded real property machinery or equipment that is owned or leased by an...
285C.195 Alternative requirements for qualifying reconditioned, refurbished, retrofitted or upgraded property.
Notwithstanding ORS 285C.190, if an authorized business firm files a claim for exemption under ORS 285C.175 prior to April 1, 2004, at the option of...
285C.200 Qualifications of business firm; rules.
(1) The qualified property of an authorized business firm may be exempt from property taxation under ORS 285C.175 only if the firm meets the following...
285C.205 Effect of productivity increases on qualification of certain firms; uses of tax savings.
The requirements of ORS 285C.200 (2)(b)(B) are met if the qualified business firm does all of the following: (1) The firm demonstrates at least a...
285C.210 Substantial curtailment of business operations.
(1) For purposes of ORS 285C.175, 285C.200 and 285C.240, operations of a business firm are substantially curtailed when: (a) The number of employees of the...
285C.215 First-source hiring agreements; rules.
(1) The qualified property of an authorized business firm may be exempt from property tax under ORS 285C.175 only if the firm enters into a...
285C.220 Exemption claims; contents; late filing; fees.
(1)(a) After January 1 and on or before April 1 of the assessment year immediately following the year in which qualified property in an enterprise...
285C.225 Sponsor�s addendum; property schedule; amendments.
(1) An exemption claim filed under ORS 285C.220 must, when applicable, include a sponsor�s addendum setting forth any information required by the sponsor of the...
285C.230 Assessor to grant or deny exemption; assistance of sponsor.
(1) In granting or denying an exemption under ORS 285C.175, the county assessor may: (a) Reasonably rely on information set forth in the exemption claim...
285C.235 Authority of county assessor; authority of sponsor.
(1) The county assessor is at all times authorized to demand reports by registered or certified mail from owners or lessees of qualified property concerning...
285C.240 Disqualification; notice and procedures; in lieu payments and additional taxes; penalty; use of moneys.
(1) The county assessor of any county in which an enterprise zone is situated or the sponsor shall be notified in writing by the qualified...
285C.245 Termination; effect of termination on property; procedures.
(1) When the termination of an enterprise zone occurs under this section: (a) The termination of the enterprise zone does not affect: (A) The continuation...
285C.250 Designation of new zone following zone termination.
(1) Within a reasonable period of time prior to the termination of enterprise zones under ORS 285C.245 (2), the Director of the Economic and Community...
285C.255 Sunset of enterprise zone program.
(1) Notwithstanding any other provision of ORS 285C.050 to 285C.250: (a) An area may not be designated as an enterprise zone after June 30, 2013;...
285C.260 [Formerly 285B.731; renumbered 285C.045 in 2005]
285C.300 Definitions for ORS 285C.300 to 285C.320.
As used in ORS 285C.300 to 285C.320: (1) �Eligible business� means a business that: (a) Is engaged within a reservation enterprise zone in the manufacture...
285C.303 Legislative findings.
The Legislative Assembly finds that the welfare of the residents of the rural Indian reservations of this state is acutely dependent upon the growth, development...
285C.306 Reservation enterprise zones.
(1) Trust land of an Indian tribe that meets all of the following requirements is designated as a reservation enterprise zone for the purposes of...
285C.309 Income tax credit for new business facility in reservation enterprise zone.
(1) A credit against the taxes that are otherwise due under ORS chapter 316 or, if the taxpayer is a corporation, under ORS chapter 317...
285C.320 Status of reservation enterprise zone; sponsor.
(1) A reservation enterprise zone shall be considered to be a rural enterprise zone for purposes of ORS 285C.050 to 285C.250. The tribal government of...
285C.350 Definitions for ORS 285C.350 to 285C.370.
As used in ORS 285C.350 to 285C.370: (1) �Applicant� means the city, county or group of counties applying for designation of territory as a rural...
285C.353 Designation of rural renewable energy development zones; requirements; multiple designations; zone sponsor.
(1) A county, a city in a rural area or a combination of contiguous counties may apply to the Director of the Economic and Community...
285C.356 Application for authorization.
(1) Following designation of a rural renewable energy development zone, an eligible business firm seeking an exemption under ORS 285C.362 may apply for authorization under...
285C.359 Qualified property.
Property shall qualify for exemption under ORS 285C.362 if the property meets all of the following requirements: (1) The property constitutes all or a part...
285C.362 Exemption; requirements; duration.
(1) Property of an authorized business firm is exempt from ad valorem property taxation if: (a) The property is qualified property under ORS 285C.359; (b)...
285C.365 Application of enterprise zone laws.
Except where inconsistent with the provisions of ORS 285C.350 to 285C.370, the provisions of ORS 285C.050 to 285C.250 apply to rural renewable energy development zones...
285C.370 Rules.
The Economic and Community Development Department may adopt rules for implementing and administering ORS 285C.350 to 285C.370, including rules that define terms. [2003 c.662 §75]...
285C.400 Definitions for ORS 285C.400 to 285C.420.
As used in ORS 285C.400 to 285C.420: (1) �Business firm� has the meaning given that term in ORS 285C.050. (2) �Certified business firm� means a...
285C.403 Certification of business firm; application; review; appeal.
(1) Any business firm proposing to apply for the tax exemption provided under ORS 285C.409 shall, before the commencement of construction or installation of property...
285C.406 Claiming property tax exemption or income tax credit.
In order for a taxpayer to claim the property tax exemption under ORS 285C.409 or a corporate excise or income tax credit under ORS 317.124:...
285C.409 Property tax exemption; requirements; duration.
(1) A facility of a certified business firm is exempt from ad valorem property taxation: (a) For the first tax year following the calendar year...
285C.412 Conditions for continued exemption.
In order for a facility of a business firm to continue to be exempt from ad valorem property taxation under ORS 285C.409 for a tax...
285C.415 Notice to county assessor.
Upon meeting the applicable requirements of ORS 285C.412, the certified business firm shall notify the county assessor in writing that the applicable requirements have been...
285C.420 Disqualification; exception; additional taxes.
(1) If a certified business firm does not begin operations or is not reasonably expected to begin operations, as determined by the county assessor consistent...
285C.450 [Formerly 285B.825; 2005 c.119 §2; renumbered 307.841 in 2005]
285C.453 [Formerly 285B.827; 2005 c.119 §3; renumbered 307.844 in 2005]
285C.456 [Formerly 285B.830; 2005 c.119 §4; renumbered 307.847 in 2005]
285C.459 [Formerly 285B.833; 2005 c.119 §5; renumbered 307.851 in 2005]
285C.462 [Formerly 285B.848; 2005 c.119 §6; renumbered 307.854 in 2005]
285C.465 [Formerly 285B.839; 2005 c.119 §7; renumbered 307.857 in 2005]
285C.468 [Formerly 285B.842; 2005 c.119 §8; renumbered 307.861 in 2005]
285C.471 [Formerly 285B.845; 2005 c.119 §9; renumbered 307.864 in 2005]
285C.480 [Formerly 285B.836; 2005 c.119 §10; renumbered 307.867 in 2005]
285C.495 Short title.
ORS 285C.500 to 285C.506 may be cited as the Oregon Investment Advantage Act. [2007 c.843 §77]
285C.500 Definitions for ORS 285C.500 to 285C.506.
As used in ORS 285C.500 to 285C.506: (1) �Business firm� has the meaning given that term in ORS 285C.050. (2) �County per capita personal income�...
285C.503 Preliminary certification of facility; application; fee; review; appeal.
(1) A business firm seeking the income and corporate excise tax exemption allowed under ORS 316.778 or 317.391 shall, before the commencement of construction, reconstruction,...
285C.506 Annual certification of facility; application; fee; review; appeal; duration of certification.
(1) Following completion of the construction, reconstruction, modification, acquisition, installation or lease of the facility, the hiring of employees to conduct business operations at the...
285C.530 Definitions for ORS 285C.530 and 285C.533; tax credit certification; application; rules; fees.
(1) As used in this section and ORS 285C.533: (a) �Advanced telecommunications facilities� means high-speed, dedicated or switched broadband telecommunications infrastructure or equipment that enables...
285C.533 Performance standards for advanced telecommunications facilities; rules.
(1) The Economic and Community Development Department shall adopt rules setting minimum performance standards that facilities must meet to be certified as advanced telecommunications facilities....
285C.600 Definitions for ORS 285C.600 to 285C.626.
As used in ORS 285C.600 to 285C.626: (1) �Business firm� has the meaning given that term in ORS 285C.050. (2) �Eligible project� means a project...
285C.603 Purpose.
The Legislative Assembly declares that a significant purpose of the strategic investment program established in ORS 285C.600 to 285C.626 and 307.123 is to improve employment...
285C.606 Determination of projects for tax exemption; limitations; revenue bond financing; first-source hiring agreements.
(1) The State of Oregon, acting through the Oregon Economic and Community Development Commission, may determine that real and personal property constituting a project shall...
285C.609 Request by county; community services fee agreement; distribution of fee proceeds.
(1) A determination under ORS 285C.606 (1) by the Oregon Economic and Community Development Commission that a project shall be exempt from property taxation under...
285C.612 Eligible project application fees.
(1) The Oregon Economic and Community Development Commission shall collect the fees set forth in subsection (2) of this section from an applicant that seeks...
285C.615 Annual participant reports; penalty; disclosure; rules.
(1) On or before April 1 following each tax year that property is exempt under ORS 307.123, the business firm that owns or leases the...
285C.620 Confidentiality of project information.
Notwithstanding ORS 192.410 to 192.505, the identity of an applicant for an eligible project determination under ORS 285C.606, the application form submitted to the county...
285C.623 Strategic investment zones; establishment; fees.
(1) A county seeking to ensure that all eligible projects constructed or installed within a particular geographic area within the county receive the tax exemption...
285C.626 Business firm application for project within strategic investment zone.
(1) A business firm seeking the exemption under ORS 307.123 for a project the firm intends to install or construct within a strategic investment zone...
285C.635 Determination of personal income tax revenue; transfer to Shared Services Fund; rules.
(1) Upon receipt of information compiled under ORS 285C.615, the Oregon Department of Administrative Services shall determine the annual amount of personal income tax revenue...
285C.639 Shared Services Fund.
(1) The Shared Services Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Shared Services Fund...

Last modified: August 7, 2008