Oregon Revised Statutes Chapter 307 § 307.515 — to 307.523
Oregon Revised Statutes Chapter 307 ·
Oregon Code § 307.515·Enacted ·Last updated March 01, 2026
Statute Text
to 307.523.
(2) If, at the
time of presentation or discovery, the property is no longer exempt, additional
taxes shall be collected as provided in this section, but the number of years
for which the additional taxes shall be collected shall be reduced by one year
for each year that has elapsed since the year the property was last granted
exemption beginning with the oldest year for which additional taxes are due.
(3) The
assessment and tax rolls shall show potential additional tax liability for each
property granted exemption under ORS 307.515 to 307.523.
(4) Additional
taxes collected under this section shall be deemed to have been imposed in the
year to which the additional taxes relate. [1989 c.803 §9; 1991 c.459 §66; 1991
c.930 §8]
Plain English Explanation
This Oregon statute addresses to 307.523. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 307.515
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses to 307.523. 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 § 307.515. Use this format in legal documents and court filings.
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