Oregon § 321.855 Land used to grow certain hardwood to be assessed as farm use land; application required for unzoned land

Oregon Statutes

§ 321.855 — Land used to grow certain hardwood to be assessed as farm use land; application required for unzoned land

Oregon § 321.855

Vol.8

Title 29Revenue and Taxation

Ch. 321Timber and Forestland Taxation

This text of Oregon § 321.855 (Land used to grow certain hardwood to be assessed as farm use land; application required for unzoned land) 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. § 321.855 (2026).

Text

(1)Land described in ORS 321.824 (3) (relating to hardwood timberland, including hybrid cottonwood timberland) shall be assessed as farm use land under ORS 308A.050 to 308A.128.

(2)(a) If land is or becomes land described under ORS 321.824 (3) and the land is not located within an exclusive farm use zone, the owner shall make application for special valuation in the manner provided under ORS 308A.077, as follows:

(A)If the change in use takes place on or after July 1, the owner shall file the application on or before April 1 of the following tax year.

(B)If the change in use takes place prior to July 1, the owner shall file the application on or before August 1 of the tax year.

(b)If an application is filed as provided under this subsection, the owner shall have seven years beginning w

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(1) Land described in ORS 321.824 (3) (relating to hardwood timberland, including hybrid cottonwood timberland) shall be assessed as farm use land under ORS 308A.050 to 308A.128.
(2)(a) If land is or becomes land described under ORS 321.824 (3) and the land is not located within an exclusive farm use zone, the owner shall make application for special valuation in the manner provided under ORS 308A.077, as follows:
(A) If the change in use takes place on or after July 1, the owner shall file the application on or before April 1 of the following tax year.
(B) If the change in use takes place prior to July 1, the owner shall file the application on or before August 1 of the tax year.
(b) If an application is filed as provided under this subsection, the owner shall have seven years beginning with the first year of classification to meet the income requirements of ORS 308A.071 and need not meet the two-year farm use requirements of ORS 308A.068.