71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
 
NOTE:  Matter within  { +  braces and plus signs + } in an
amended section is new. Matter within  { -  braces and minus
signs - } is existing law to be omitted. New sections are within
 { +  braces and plus signs + } .
 
LC 272
 
                         House Bill 2347
 
Ordered printed by the Speaker pursuant to House Rule 12.00A (5).
  Presession filed (at the request of Joint Interim Judiciary
  Committee)
 
 
                             SUMMARY
 
The following summary is not prepared by the sponsors of the
measure and is not a part of the body thereof subject to
consideration by the Legislative Assembly. It is an editor's
brief statement of the essential features of the measure as
introduced.
 
  Expands definition of disabled person for purpose of homestead
property tax deferral to include persons who are eligible for
Social Security disability benefits but who are not actually
receiving Social Security disability benefits.
  Applies to deferral of property taxes in tax years beginning on
or after July 1, 2001.
 
                        A BILL FOR AN ACT
Relating to homestead deferral of taxes; creating new provisions;
  and amending ORS 311.666.
Be It Enacted by the People of the State of Oregon:
  SECTION 1. ORS 311.666, as amended by section 1, chapter 1097,
Oregon Laws 1999, is amended to read:
  311.666. As used in ORS 311.666 to 311.701:
  (1) 'Department' means the Department of Revenue.
  (2) 'Disabled person' means a person  { + who is eligible to
receive or who is + } receiving federal Social Security
disability benefits { + , including a person who is receiving
Social Security survivor benefits in lieu of Social Security
disability benefits + }.
  (3) 'Homestead' means the owner occupied principal dwelling,
either real or personal property, owned by the taxpayer and the
tax lot upon which it is located. If the homestead is located in
a multiunit building, the homestead is the portion of the
building actually used as the principal dwelling and its
percentage of the value of the common elements and of the value
of the tax lot upon which it is built. The percentage is the
value of the unit consisting of the homestead compared to the
total value of the building exclusive of the common elements, if
any.
  (4) 'Taxpayer' means an individual who has filed a claim for
deferral under ORS 311.668 or individuals who have jointly filed
a claim for deferral under ORS 311.668.
  (5) 'Tax-deferred property' means the property upon which taxes
are deferred under ORS 311.666 to 311.701.
  (6) 'Taxes' or 'property taxes' means ad valorem taxes,
assessments, fees and charges entered on the assessment and tax
roll.
 
  SECTION 2.  { + The amendments to ORS 311.666 by section 1 of
this 2001 Act apply only to the deferral of property taxes in tax
years beginning on or after July 1, 2001. + }
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