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SB 322
Bill number SB 322 (2011 Oregon laws, Chapter 266)
 ORS changed 307.603, 307.612, 307.618, and 307.637.
 Effective date September 28, 2011
 Applies to Multi-unit housing exemption applications filed after the effective date.
 DOR contact Greg Kramer  503-945-8262
 Summary Adds commercial uses of multiple-unit housing to list of design elements that city or county may require to receive tax exemption, and makes such commercial portions exempt. Extends the sunset for the multiple-unit exemption from January 1, 2012 to January 1, 2022.
   

 
Section Old law  New law
1 ORS 307.603: Definition of multi-unit housing required property to include public benefit design elements generally as specified by the city or county. ORS 307.603: Definition of multi-unit housing amended to require property to include public benefit design elements, including any commercial use of a portion of the structure, as specified by city or county.
 2 ORS 307.612: No mention of exempting commercial portions of the structure. ORS 307.612: Amended to specifically allow exempting commercial portion of the structure to the extent it's a required design element or public benefit element.
 3 ORS 307.618: Allowed approval of applications with public benefit elements, including open spaces, parks facilities, common meeting rooms, etc. ORS 307.618: Amended to allow approval of applications with public benefit elements including open spaces, parks facilities, common meeting rooms, etc., and commercial uses of a portion of structure.
 4 ORS 307.637: For properties subject to low-income housing assistance contracts with state or federal government, application to city or county must be made by January 1, 2012.
 
 
ORS 307.637: Amended to extend sunset dates.
For properties subject to low-income housing assistance contract with the state or federal government, the application to city or county must be made by January 1, 2022.