Relating to energy-related improvements to property; prescribing an effective date.
Catchline/Summary:
Grants exemption to certain improvements located in most populous city of county with population of 650,000 or more that increase energy efficiency of property or reduce greenhouse gas emissions from property built before 2008. Grants exemption to certain improvements located in most populous city of county with population of 650,000 or more that increase energy efficiency of property or reduce greenhouse gas emissions from property built before 2008. Requires application for first year of exemption to be made before construction or installation of improvements. Specifies calculation for amount of exemption. Requires Department of Revenue to adopt rules for administration of exemption.] Requires county to prescribe application forms and deadlines. Provides that centrally assessed property and industrial property appraised by Department of Revenue are not eligible for exemption.
Takes effect on 91st day following adjournment sine die.
Oregon Legislative Assembly - Public Testimony Registration Form
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HB 3246 Joint Committee On Ways and Means
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