1. (1) If the assessor reduces the value of property under ORS 308.242(2) after a petition has been filed with PVAB, but prior to January 1 of the tax year, or under ORS 311.205, prior to the time the board convenes, and in neither case is a stipulation filed with the board prior to the time the board convenes, the board will act on the petition in the following manner:

   1. (a) The board will schedule a hearing and notify the petitioner of the time and place the board will meet to resolve the petition.
   2. (b) If the value requested in the petition is higher than or equal to the adjusted value, the board must issue an order dismissing the petition.
   3. (c) If the value requested in the petition is lower than the adjusted value, the board must review the adjusted value and issue an order sustaining or correcting the adjusted value.
2. (2) Not withstanding (1)(b) of this rule, the board will issue an order to sustain or reduce the adjusted value if the petitioner amends the value requested pursuant to section 5 of OAR 150‐309‐0100 prior to or during the board hearing.
3. (3) This rule is effective January 1, 2016.

Statutory/Other Authority

ORS 305.100

Statutes/Other Implemented

ORS 309.110

History

REV 33-2024, minor correction filed 06/25/2024, effective 06/25/2024
Renumbered from 150-309.110-(A), REV 26-2016, f. 8-12-16, cert. ef. 9-1-16
REV 4-2015, f. 12-23-15, cert. ef. 1-1-16
REV 4-2014, f. & cert. ef. 8-11-14
Renumbered from 150-309.110(1)-(E), REV 17-2008, f. 12-26-08, cert. ef. 1-1-09
REV 6-2003, f. & cert. ef. 12-31-03