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Or. Rev. Stat. § 305.487

Findings and policy

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      305.487 Findings and policy. (1) The Legislative Assembly finds that:

      (a) Industrial property that is appraised by the Department of Revenue under ORS 306.126 and property that is centrally assessed by the department under ORS 308.505 to 308.674 involve large amounts of property value and complex appraisal issues.

      (b) Appeals of the value of state-appraised industrial property or centrally assessed property can have significant impact on the stable funding of essential local government services because of the fiscal consequences of substantial tax refunds.

      (c) The people of this state and the owners of state-appraised industrial property or centrally assessed property are best served by the efficient resolution of property tax appeals related to these properties.

      (2) The Legislative Assembly declares that it is the policy of this state to strongly encourage taxpayers, local governments, the department and the Oregon Tax Court to resolve appeals related to the value of state-appraised industrial property or centrally assessed property as quickly and efficiently as possible, in order to reduce the financial impacts of lengthy appeal processes. [2005 c.345 §13; 2015 c.36 §6; 2017 c.315 §4]

 

      Note: 305.487 and 305.489 were added to and made a part of 305.404 to 305.560 by legislative action but were not added to any smaller series therein. See Preface to Oregon Revised Statutes for further explanation.

Notes of Decisions
Cited in 5 cases (1 in the last 5 years), 2010–2021 · leading case: Charter Communications Holding Co. v. Dept. of Rev.
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Charter Communications Holding Co. v. Dept. of Rev. (2020) ortc “See Or Laws 2005, ch 345, § 13 (enacting ORS 305.487). However, just two years later the legislature adopted ORS 308.”
Alaska Airlines, Inc. v. Dept. of Rev. (2021) ortc · cites it 5× “ORDER GRANTING DEFENDANT’S MOTION FOR SUMMARY JUDGMENT AND DENYING PLAINTIFFS’ CROSS-MOTION FOR PARTIAL SUMMARY JUDGMENT TC- MD 200363G; 200367N 8 of the term conference.”
Seneca Sustainable Energy, LLC v. Dept. of Rev. (2019) ortc · cites it 2× “175 and in the interest of efficiently resolving these industrial property cases as the legislature has encouraged courts to do in ORS 305.487. The court concludes that the judgment in the Prior Case was an “order correcting the real market value of a separate assessment of…”
Seneca Sustainable Energy v. Lane County Assessor (2018) ortc · cites it 2× “Finally, neither the public interest in quickly and efficiently resolving industrial property tax appeals, as expressed in ORS 305.487,7 nor the interests of local taxing jurisdictions8 would be served by prematurely 6 Although finding that abeyance is proper here, the court…”
Georgia-Pacific Cons. v. Clatsop Cty. Assr., Tc 4894 (or.tax 7-21-2010) (2010) ortc “In view of the provisions of ORS 305.487, the court has expedited consideration of these motions.”
— Or. Rev. Stat. § 305.487(2) — 1 case
Seneca Sustainable Energy, LLC v. Dept. of Rev. (2019) ortc “175 and in the interest of efficiently resolving these industrial property cases as the legislature has encouraged courts to do in ORS 305.487. The court concludes that the judgment in the Prior Case was an “order correcting the real market value of a separate assessment of…”
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