Chapter 176 Oregon Laws 2005

AN ACT

SB 839

Relating to the multiple-unit housing property tax exemption; amending ORS 307.691.

Be It Enacted by the People of the State of Oregon:

SECTION 1. ORS 307.691 is amended to read:

307.691. An exemption for multiple-unit housing may not be granted under ORS 307.600 to 307.691 unless:

(1) In the case of multiple-unit housing described in ORS 307.605 (5)(a), the application for exemption is made to the city or county on or before January 1, [2006] 2012.

(2) In the case of multiple-unit housing described in ORS 307.605 (5)(b), the construction, addition or conversion is completed on or before January 1, [2006] 2012.

Approved by the Governor June 7, 2005

Filed in the office of Secretary of State June 8, 2005

Effective date January 1, 2006

__________