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SB 297
Bill number SB 297 (2011 Oregon laws, Chapter 83)
 ORS changed 294.178, 294.184, 307.475, 307.990, and other nonproperty tax-related statutes.
 Effective date January 1, 2012
 Applies to Nonpolicy corrections.
 DOR contact Gregg Thummel 503-945-8371
 Summary Reviser's bill.
 

 
Section Old law  New law
5 Requires DOR to distribute all funds from the CAFFA account "as of the close of the fiscal quarter." Because there are no funds in the CAFFA account as of the close of the fiscal quarter (deposits are not made until 10 days after the close of the quarter), DOR must distribute all funds available in the account "at the time of calculating the quarterly distribution."
6 The moneys in the CAFFA account "as of the last day of each fiscal quarter," that are necessary to pay specific DOR expenses, are transferred to a suspense account for DOR. Because there are no moneys in the CAFFA account as of the last day of each fiscal quarter, the moneys necessary to pay DOR's expenses are transferred "prior to each quarterly distribution of the moneys in the account under ORS 294.178."
 7 ORS 307.475: An application to DOR director for relief on the grounds of hardship must be made by December 15 "of the year in which the failure to timely file a claim of hardship occurred." Note that this is a circular reference. An application to DOR director for relief on the grounds of hardship must be made by December 15 "of the year in which the failure to timely file a valid claim for exemption, for cancellation of assessment or for a redetermination of value ... occurred."
 8 ORS 307.990: Making willful statements containing a false statement of material fact a misdemeanor. Neutralizes gender-specific terms and improves readability.