Oregon Code § 307.245·Enacted ·Last updated March 01, 2026
Statute Text
Denial
of exemption for failure to reflect exemption by rent reduction.
The funded property tax exemption
granted under ORS 307.241 to 307.248 may not be granted in any year following a
year for which the corporation has failed to satisfy the county assessor or the
Department of Revenue that the exemption granted in the previous year has been
reflected by a reduction in the amount of rent that would otherwise be paid for
occupancy of the facility by its residents. [1977 c.411 §5; 2005 c.94 §33]
Plain English Explanation
This Oregon statute addresses Denial
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 307.245
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Denial
. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 307.245. Use this format in legal documents and court filings.
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