Or. Admin. Code § 123-623-1900

Current through Register Vol. 64, No. 1, January 1, 2025

Section 123-623-1900 - Community Service Fee

(1) The local agreement included with the Application and described in OAR 123-623-1525 or 123-623-1550 shall:

(a) Provide for the community service fee under ORS 285C.609(4)(b) and (c) or 285C.623(4)(b) and (c); and

(b) Stipulate the means by which the Applicant will annually pay the fee not earlier than December 1 of each tax year for which the Applicant receives the Abatement.

(2) The depositing of community service fee moneys (under ORS Chapter 294) or their allocation, distribution or transfer by the County or any other entity in OAR 123-623-1950(1) does not affect the Approved Project's eligibility or receipt of the Abatement.

(3) The annual maximum of the community service fee is:

(a) $500,000, or $2 million with an Urban Project, for any Approved Project by determination of the Commission before October 6, 2017, or with an SIZ;

(b) $2.5 million, if the determination occurred on or after October 6, 2017, and the agreement was entered into before September 24, 2023; or

(c) Otherwise, under ORS 285C.609(5):

(A) $3 million, in tax year 2024-2025 of the Abatement.

(B) In any later tax year, an amount evenly divisible by $1,000 that is closest to the product of $3 million multiplied by the greater of one or one plus the percent change between the annual average of:

(i) The CPI-U/W for 2023; and

(ii) The most recently available CPI-U/W.

(C) Subject to increasing or even decreasing with each year of Abatement.

Or. Admin. Code § 123-623-1900

EDD 10-2004, f. & cert. ef. 5-24-04; EDD 25-2008, f. 7-31-08, cert. ef. 8-1-08; Renumbered from 123-023-1900 by OBDD 18-2010, f. 4-30-10, cert. ef. 5-1-10; OBDD 2-2016, f. & cert. ef. 1/29/2016; OBDD 13-2017, amend filed 11/29/2017, effective 11/29/2017; OBDD 14-2024, amend filed 06/10/2024, effective 6/10/2024

Statutory/Other Authority: ORS 285A.075 & 285C.615(7)

Statutes/Other Implemented: ORS 285C.609 & 285C.623