Oregon § 308.671 Elective exemption of certain communication-related property

Oregon Statutes

§ 308.671 — Elective exemption of certain communication-related property

Oregon § 308.671

Vol.8

Title 29Revenue and Taxation

Ch. 308Assessment of Property for Taxation

This text of Oregon § 308.671 (Elective exemption of certain communication-related property) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 308.671 (2026).

Text

(1)A company described in ORS 308.515 (1) that owns, leases or uses property listed in subsection (2) of this section may elect property described in one paragraph of subsection (2) of this section to be exempt from ad valorem property taxation.

(2)The property referred to in subsection (1) of this section consists of:

(a)Licenses granted by the Federal Communications Commission.

(b)If the company is in the business of communication, franchises.

(c)Satellites that are used by the company to provide communication services directly to retail customers or that are being constructed for such use and Federal Communications Commission licenses related to the use of the satellites to provide the communication services.

(3)The value of the property listed in subsection (2) of this section sh

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(1) A company described in ORS 308.515 (1) that owns, leases or uses property listed in subsection (2) of this section may elect property described in one paragraph of subsection (2) of this section to be exempt from ad valorem property taxation.
(2) The property referred to in subsection (1) of this section consists of:
(a) Licenses granted by the Federal Communications Commission.
(b) If the company is in the business of communication, franchises.
(c) Satellites that are used by the company to provide communication services directly to retail customers or that are being constructed for such use and Federal Communications Commission licenses related to the use of the satellites to provide the communication services.
(3) The value of the property listed in subsection (2) of this section shall be equal to the cost of the property carried in the accounting records of the owner of the property, less the accrued depreciation reserve for the property.