The assessed value of taxable property of a taxing district shall be further adjusted by the assessor for purposes of determining the district’s amount of taxes before compression under ORS 310.242 by subtracting any assessed value in the district attributable to an urban renewal increment in the district.
ORS 310.232
Applied in 1 court decision — leading case Shilo Inn Portland/205, LLC v. Multnomah County (2001)
Most recently applied in Shilo Inn Portland/205, LLC v. Multnomah County (December 2001)
1997 c.541 §31
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.