75th OREGON LEGISLATIVE ASSEMBLY--2009 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 2540
 
                         Senate Bill 589
 
Sponsored by Senators FERRIOLI, DEVLIN, TELFER; Senators
  ATKINSON, ROSENBAUM, VERGER, Representatives HUFFMAN, RILEY,
  ROBLAN
 
 
                             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.
 
  Repeals five-year time limit for exemption from taxation of
Indian tribal land.
  Repeals sunset of exemption for property tax years beginning on
or after July 1, 2012.
  Applies to property tax years beginning on or after July 1,
2008.
  Takes effect on 91st day following adjournment sine die.
 
                        A BILL FOR AN ACT
Relating to taxation of Indian tribal land; creating new
  provisions; amending ORS 307.181; and prescribing an effective
  date.
Be It Enacted by the People of the State of Oregon:
  SECTION 1. ORS 307.181 is amended to read:
  307.181.   { - (1)(a) - }  Land acquired by an Indian tribe by
purchase, gift or without consideration is exempt from taxation
if:
    { - (A) - }   { + (1) + } The land is located within the
ancient tribal boundaries of the tribe; and
    { - (B) - }   { + (2) + } Transfer of the land to a trust
administered by the United States has been requested or is in
process.
    { - (b) The exemption under this section shall continue for
no more than four years after the initial year of exemption under
this section. If the land is not transferred to the trust within
the five-tax-year exemption period, the exemption pursuant to
this subsection shall cease commencing with the first tax year
beginning after the expiration of the five-tax-year period. - }
    { - (2) Property may not be exempt under this section for a
tax year beginning on or after July 1, 2012. - }
  SECTION 2.  { + The amendments to ORS 307.181 by section 1 of
this 2009 Act apply to property tax years beginning on or after
July 1, 2008. + }
  SECTION 3.  { + This 2009 Act takes effect on the 91st day
after the date on which the regular session of the Seventy-fifth
Legislative Assembly adjourns sine die. + }
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