71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
 
HA to HB 2270
 
LC 1099/HB 2270-15
 
                       HOUSE AMENDMENTS TO
                         HOUSE BILL 2270
 
     By COMMITTEE ON SCHOOL FUNDING AND TAX FAIRNESS/REVENUE
 
                            March 26
 
  On page 2 of the printed bill, delete lines 2 through 10 and
insert:
  ' (2) 'Historic property' means real property that:
  ' (a) Is currently listed in the National Register of Historic
Places established and maintained under the National Historic
Preservation Act of 1966 (P.L. 89-665) or, if the National
Register of Historic Places ceases accepting nominations, that is
approved for listing on an Oregon register of historic places;
  ' (b) Is open to the public for sight-seeing at least one day
in each calendar year in accordance with rules adopted by the
State Historic Preservation Officer; and
  ' (c) Meets the minimum standards of maintenance established by
rule of the State Historic Preservation Officer.'.
  On page 6, line 12, delete 'not subject to special'.
  In line 13, delete 'assessment'.
  In line 22, delete 'not subject to special assessment'.
  On page 9, after line 13, insert:
  '  { +  SECTION 12a. + }  { + Section 12b of this 2001 Act is
added to and made a part of ORS 358.480 to 358.545. + }
  '  { +  SECTION 12b. + }  { + (1) Notwithstanding ORS 358.525,
whenever property that has received special assessment as
historic property under ORS 358.480 to 358.545 thereafter becomes
disqualified for historic property assessment as the result of a
written notice given by the taxpayer pursuant to ORS 358.515
(1)(a), additional taxes shall be added to the tax extended
against the property as prescribed in ORS 358.525 (1), but
interest may not be added to the additional taxes if within two
years following the date of disqualification:
  ' (a) The property has been classified for special assessment
as historic property under ORS 358.480 to 358.545; and
  ' (b) The property owner has spent an amount implementing an
approved preservation plan for the property that equals or
exceeds five times the amount of interest that would otherwise be
payable under ORS 358.525 (1).
  ' (2) If the property owner files a written request with the
county assessor, for the period of time from the disqualification
of the property until the earlier of the time the assessor
determines that the requirements of subsection (1) of this
section have been met or two years following the date of
disqualification, interest that would otherwise be added to the
additional taxes due under ORS 358.525 may not be extended
against the property but shall remain a potential liability on
the assessment and tax roll.  If the assessor determines that the
requirements of subsection (1) of this section are met, the
interest shall be canceled. If the assessor determines that the
requirements of subsection (1) of this section have not been met,
the interest shall be added to the tax extended against the
property as prescribed in ORS 358.525 (1). + }
  '  { +  SECTION 12c. + }  { + Section 12b of this 2001 Act
applies to property that is both disqualified from historic
property special assessment pursuant to ORS 358.515 (1)(a) and
subsequently classified as historic property on or after January
1, 2001. + } ' .
  On page 11, line 12, delete 'commercial'.
  On page 17, after line 8, insert:
  '  { +  SECTION 27a. + }  { + (1) The amendments to ORS
358.480, 358.482, 358.487, 358.490, 358.495, 358.505, 358.509,
358.511, 358.540, 358.543 and 358.545 by sections 2 to 6, 8 to 10
and 15 to 17 of this 2001 Act apply to tax years beginning on or
after July 1, 2001.
  ' (2) Notwithstanding subsection (1) of this section, the
amendments to ORS 358.480, 358.482, 358.487, 358.490, 358.495,
358.505, 358.509, 358.511, 358.540, 358.543 and 358.545 by
sections 2 to 6, 8 to 10 and 15 to 17 of this 2001 Act do not
apply to property for which a reapplication under ORS 358.540 was
filed pursuant to section 33, chapter 579, Oregon Laws 1999.
  ' (3) Nothing in the amendments to ORS 358.480, 358.482,
358.487, 358.490, 358.495, 358.505, 358.509, 358.511, 358.540,
358.543 and 358.545 by sections 2 to 6, 8 to 10 and 15 to 17 of
this 2001 Act permits a change in the specially assessed value of
historic property that has been classified and assessed as
historic property pursuant to an application or reapplication
filed prior to July 1, 2001. + } ' .
  Delete lines 9 through 34 and insert:
  '  { +  NOTE: + } Section 28 was deleted by amendment.
Subsequent sections were not renumbered.'.
  In line 42, after 'requirements' insert a period and delete the
rest of the line.
  On page 22, delete lines 15 and 16 and insert 'this section in
the county clerk lien records.'.
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