ORS 285C.130 Duties of county assessor

The assessor of a county within which an enterprise zone is located shall:

(1)

Assist the sponsor, the local zone manager appointed by the sponsor and business firms in determining whether property will qualify for a property tax exemption under ORS 285C.175.

(2)

Review and approve or deny applications from eligible business firms for authorization under ORS 285C.140.

(3)

Process claims for property tax exemptions filed under ORS 285C.220 and exempt the qualified property of authorized business firms from ad valorem property taxation in accordance with ORS 285C.050 to 285C.250.

(4)

Take action necessary under ORS 285C.240.

(5)

Submit a written report to the Department of Revenue on or before July 1 of each assessment year. The report for each enterprise zone, or portion of an enterprise zone that is located in the county, shall include the following information, organized by business firm and exemption period:

(a)

The assessor’s estimate of the assessed value of qualified property that was exempt under ORS 285C.175 for the previous tax year and the taxes that would have been imposed on the qualified property, as entered on the assessment and tax roll under ORS 285C.175 (7).

(b)

The annual average number of employees of the business firm within the enterprise zone during the previous assessment year, as reported on the exemption claim filed under ORS 285C.220.

(c)

The average annual wage and compensation for the previous assessment year of new employees hired by the business firm within the enterprise zone, as reported on the exemption claim filed under ORS 285C.220.

(d)

The assessor’s estimate of the assessed value of and taxes imposed on qualified property that had been exempt under ORS 285C.175 for the tax year preceding the previous tax year and that was not exempt under ORS 285C.175 for the previous tax year.

(e)

The total investment cost of qualified property first reported on the exemption claim filed under ORS 285C.220 that includes a property schedule submitted by the business firm pursuant to ORS 285C.225 for the current tax year.

(f)

The current number of employees of the business firm, as reported on the exemption claim filed under ORS 285C.220 and described in paragraph (e) of this subsection.

(g)

Any other information the assessor or the Department of Revenue considers appropriate.

(6)(a)

Send a copy of a report prepared under subsection (5) of this section to the sponsor of the enterprise zone and to the Oregon Business Development Department; and

(b)

Upon request, assist the Department of Revenue or the Oregon Business Development Department in clarifying data relating to exempt property in the written report, including but not limited to changes from prior years’ reports, such as the grant of an exemption for any property tax year or a substantial change in the amount of exempt value. Such assistance shall be limited to technical expertise and existing information and shall not require reappraisal of any property tax account by the county assessor.

(Eligible Business Firms)