Oregon Revised Statutes Chapter 307 § 307.543 — Exemption limited to levy of governing body adopting ORS 307.540 to 307.548;
Oregon Revised Statutes Chapter 307 ·
Oregon Code § 307.543·Enacted ·Last updated March 01, 2026
Statute Text
Exemption limited to levy of governing body adopting ORS 307.540 to 307.548;
exception; additional provisions.
(1) Except as provided in subsection (2) of this section, the exemption granted
under ORS 307.540 to 307.548 applies only to the tax levy of a governing body
that adopts the provisions of ORS 307.540 to 307.548. At the time of adoption,
the governing body shall elect a definition of low income under ORS 307.540.
(2) The exemption
granted under ORS 307.540 to 307.548 applies to the tax levy of all taxing
districts in which property certified for exemption is located if, upon request
of a governing body that has adopted the provisions of ORS 307.540 to 307.548,
the rates of taxation of such taxing districts whose governing boards agree to
the policy of exemption under ORS 307.540 to 307.548, when combined with the
rate of taxation of the governing body that adopts the provisions of ORS
Plain English Explanation
This Oregon statute addresses Exemption limited to levy of governing body adopting ORS 307.540 to 307.548;
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 307.543
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Exemption limited to levy of governing body adopting ORS 307.540 to 307.548;
. Read the full statute text above for details.
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The formal citation is Oregon Code § 307.543. Use this format in legal documents and court filings.
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