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.

Statutory/Other Authority

ORS 305.100

Statutes/Other Implemented

ORS 307.241

History

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