Bill Text: OR HB2563 | 2011 | Regular Session | Engrossed

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Relating to exemptions to property taxation; and prescribing an effective date.

Spectrum: Unknown

Status: (Passed) 2011-08-02 - Chapter 656, (2011 Laws): Effective date September 29, 2011. [HB2563 Detail]

Download: Oregon-2011-HB2563-Engrossed.html

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     76th OREGON LEGISLATIVE ASSEMBLY--2011 Regular Session

SA to A-Eng. HB 2563

LC 2502/HB 2563-A8

                      SENATE AMENDMENTS TO
                   A-ENGROSSED HOUSE BILL 2563

               By COMMITTEE ON FINANCE AND REVENUE

                             June 16

  In line 2 of the printed A-engrossed bill, after 'amending '
insert 'ORS 307.175 and'.
  In line 3, after the semicolon insert 'repealing sections 4 and
7, chapter 957, Oregon Laws 1999;'.
  Delete lines 22 and 23 and insert:
  '  { +  SECTION 3. + } ORS 307.175 is amended to read:
  ' 307.175. (1)  { + As used in this section, 'alternative
energy system' means  + }property   { - equipped with - }
 { + consisting of + } solar, geothermal, wind, water, fuel cell
or methane gas energy systems for the purpose of heating, cooling
or generating  { + electricity. + }
  { - electrical energy shall be exempt from ad valorem taxation
in an amount that equals any positive amount obtained by
subtracting the real market value of the property as if it were
not equipped with such systems, from the real market value of the
property so equipped. - }
  '  { - (2) This section applies to tax years beginning prior to
July 1, 2012. - }
  '  { - (3) Except as provided in subsection (4) of this
section, this section does not apply to property owned or leased
by any person whose principal business activity is directly or
indirectly the production, transportation or distribution of
energy, including but not limited to public utilities as defined
in ORS 757.005 and people's utility districts as defined in ORS
261.010. - }
  '  { - (4) This section applies to an alternative energy system
that is owned or leased by a person whose principal business
activity is directly or indirectly the production, transportation
or distribution of energy if the system is a net metering
facility, as defined in ORS 757.300, or other system primarily
designed to offset onsite electricity use. - }
  '  { +  (2) An alternative energy system is exempt from ad
valorem property taxation if the system is:
  ' (a) A net metering facility, as defined in ORS 757.300; or
  ' (b) Primarily designed to offset onsite electricity use.
  ' (3) Notwithstanding ORS 307.110 and 308.505 to 308.665, any
portion of the real property to which an alternative energy
system is affixed is exempt under this section if:
  ' (a) The real property is otherwise exempt from ad valorem
property taxation; and
  ' (b) The alternative energy system is exempt under this
section.
  ' (4) Property equipped with an alternative energy system is
exempt from ad valorem property taxation in an amount that equals
any positive amount obtained by subtracting the real market value
of the property as if it were not equipped with an alternative
energy system from the real market value of the property as
equipped with the alternative energy system. + }

  '  { +  SECTION 4. + }  { + The amendments to ORS 307.175 by
section 3 of this 2011 Act apply to tax years beginning on or
after July 1, 2011, and before July 1, 2018. + }
  '  { +  SECTION 5. + }  { + (1) Section 4, chapter 957, Oregon
Laws 1999, as amended by section 1, chapter 795, Oregon Laws
2003, and section 2, chapter 852, Oregon Laws 2009, is repealed.
  ' (2) Section 7, chapter 957, Oregon Laws 1999, as amended by
section 2, chapter 795, Oregon Laws 2003, and section 3, chapter
852, Oregon Laws 2009, is repealed. + }
  '  { +  SECTION 6. + }  { + This 2011 Act takes effect on the
91st day after the date on which the 2011 regular session of the
Seventy-sixth Legislative Assembly adjourns sine die. + } ' .
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