Section 307.430 - Correction of assessment and tax rolls; termination of exemption(1) Upon receipt of notice of the revocation of a certification of a pollution control facility pursuant to ORS 468.185(1)(a), the county assessor shall proceed to correct the assessment and tax roll or rolls from which the facility was omitted from taxation, in the manner provided in ORS 311.216 to 311.232, and in all cases shall add interest in the manner provided in ORS 311.229. The five-year limitation provided for in ORS 311.205 shall not apply to such corrections.(2) Upon receipt of notice of the revocation of a certification of a pollution control facility pursuant to ORS 468.185(1)(b), if the final revocation occurs before September 15 of any assessment year, the exemption otherwise allowable shall terminate and not be allowed beginning with the assessment and tax rolls prepared as of January 1 of the assessment year. 1967 c.592 §15; 1991 c.459 §59; 1997 c.541 §121