Chapter 224 Oregon Laws 2005

AN ACT

SB 267

Relating to tax court jurisdiction.

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

SECTION 1. Section 2 of this 2005 Act is added to and made a part of ORS 305.404 to 305.560.

SECTION 2. When the determination of real market value or the correct valuation of any property subject to special assessment is an issue before the tax court, the court has jurisdiction to determine the real market value or correct valuation on the basis of the evidence before the court, without regard to the values pleaded by the parties.

SECTION 3. Section 2 of this 2005 Act applies to any appeal filed in the tax court on or after the effective date of this 2005 Act and to any appeal pending in the tax court on the effective date of this 2005 Act.

Approved by the Governor June 14, 2005

Filed in the office of Secretary of State June 15, 2005

Effective date January 1, 2006

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