Oregon Code § 308.453·Enacted ·Last updated March 01, 2026
Statute Text
Policy.
The
Legislative Assembly finds that it is in the public interest to encourage the
rehabilitation of existing units in substandard condition and the conversion of
transient accommodation to permanent residential units and the conversion of
nonresidential structures to permanent residential units in order to make these
units sound additions to the housing stock of the state. The Legislative
Assembly further finds that cities and counties of this state should be enabled
to establish and design programs to stimulate such rehabilitation and or
conversion based on the incentive of a local property tax exemption, which is
authorized under ORS 308.450 to 308.481. [1975 c.696 §1a; 1977 c.472 §2; 1979
c.768 §2; 1989 c.1051 §7]
Plain English Explanation
This Oregon statute addresses Policy. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 308.453
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Policy. Read the full statute text above for details.
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The formal citation is Oregon Code § 308.453. Use this format in legal documents and court filings.
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