Oregon Revised Statutes Chapter 307 § 307.864 — has terminated, the city or county that designated the zone in which

has terminated, the city or county that designated the zone in which the project is located discovers that the property or land of a vertical housing development project was granted partial exemption to which the project was not entitled, additional taxes may be collected as provided in subsection (2) of this section, except that the number of years for which the additional taxes may be collected shall be reduced by one year for each year that has elapsed since the year the property or land was last granted partial exemption, beginning with the earliest year for which additional taxes are due. (4) The assessment and tax rolls shall show potential additional tax liability for all property and land granted partial exemption under ORS 307.864. (5) Additional taxes collected under this section shall be deemed to have been imposed in the year to which the additional taxes relate. [2013 c.193 §20; 2017 c.326 §9; 2021 c.476 §6]