Oregon Code § 465.615·Enacted ·Last updated March 01, 2026
Statute Text
Exemption from taxation.
(1) Except as provided in subsection (2) of this section, an authority, all
assets owned by the authority, the income from those assets, and all bonds
issued by the authority, together with the coupons applicable to those bonds
and the income from the bonds, shall be exempt from all taxation in the State
of Oregon.
(2) The real and
personal property owned by the authority and leased to a third party shall be
subject to property taxation if the property would be subject to taxation if
owned by the lessee. [2015 c.631 §6]
Note:
See note under 465.600.
Plain English Explanation
This Oregon statute addresses Exemption from taxation. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 465.615
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Exemption from taxation. Read the full statute text above for details.
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