Oregon Business Development Department
Chapter 123
Division 668
LOCAL ENTERPRISE ZONE SPONSORSHIP
123-668-0001
Purpose and Scope
This division of administrative rules provides guidance and parameters applicable to:
(1) Selected issues regarding how the local sponsor operates and controls an enterprise zone, including with respect to business tax incentives (primarily for the standard property tax exemption as addressed in OAR 123-674); and
(2) Any situation provided by law, under which the local government or governments that sponsor an enterprise zone may (jointly) impose additional requirements or conditions on a business firm for receiving tax benefits associated with an investment in the enterprise zone.
Statutory/Other Authority: ORS 285A.075 & 285C.060(1)
Statutes/Other Implemented: ORS 285C.050 - 285C.250
History:
OBDD 13-2015, f. & cert. ef. 11-12-15
OBDD 26-2010, f. & cert. ef. 6-14-10