Oregon Statutes - Chapter 307 - Property Subject to Taxation; Exemptions - Section 307.540 - Definitions for ORS 307.540 to 307.548.

As used in ORS 307.540 to 307.548:

(1) “Governing body” means the city or county legislative body having jurisdiction over the property for which an exemption may be applied for under ORS 307.540 to 307.548.

(2) “Low income” means income at or below 60 percent of the area median income as determined by the State Housing Council based on information from the United States Department of Housing and Urban Development. [1985 c.660 §1; 1993 c.168 §7; 2005 c.94 §39]

Note: Section 6, chapter 660, Oregon Laws 1985, provides:

Sec. 6. ORS 307.540 to 307.548 apply to tax years beginning on or after January 1, 1985, and before July 1, 2014. [1985 c.660 §6; 1993 c.108 §1; 2003 c.215 §1]

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Last modified: August 7, 2008