Oregon Statutes - Chapter 307 - Property Subject to Taxation; Exemptions - Section 307.453 - Findings.

The Legislative Assembly finds that food processing activities make significant contributions to the economy of this state and are important in supporting and maintaining a high level of agricultural diversity, upon which consistent economic performance is based. The Legislative Assembly declares that a property tax exemption for qualified real property machinery and equipment encourages continued operation and expansion of the food processing industry in this state. [2005 c.637 §2]

Section:  Previous  307.398  307.400  307.402  307.405  307.420  307.430  307.450  307.453  307.455  307.457  307.459  307.460  307.462  307.464  307.466  Next

Last modified: August 7, 2008