Oregon Code § 307.664·Enacted ·Last updated March 01, 2026
Statute Text
Exemption; limitations.
Each qualified dwelling unit of single-unit housing that qualifies for
exemption under ORS 307.651 to 307.687 shall be exempt from ad valorem taxation
for no more than 10 successive tax years beginning July 1 of the first tax year
following approval of the application under ORS 307.674, as determined under
rules adopted by the Department of Revenue. The exemption provided by this
section shall be in addition to any other exemption provided by law for the
property. However, the amount of assessed value exempted under this section may
not exceed the real market value of the structure determined as of the date
that the property is inspected for purposes of making a determination under ORS
307.674. [Formerly 458.020]
Plain English Explanation
This Oregon statute addresses Exemption; limitations. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 307.664
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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