Or. Admin. R. 150-307-0320

Current through Register Vol. 63, No. 6, June 1, 2024

Section 150-307-0320 - Definition of Elderly

Funded exemptions are granted to qualifying non profit homes for the elderly under ORS 307.241 to 307.245. For purposes of 307.241 to 307.245 and 307.375, the term "elderly" refers to a person 62 years of age or older. This rule is to assist in determining the eligibility of a nonprofit home for a funded property tax exemption.

Or. Admin. R. 150-307-0320

RD 9-1989, f. 12-18-89, cert. ef. 12-31-89; Renumbered from 150-307.241, REV 55-2016, f. 8-13-16, cert. ef. 9/1/2016

Stat. Auth.: ORS 305.100

Stats. Implemented: ORS 307.241