Section 308.521 - Property of cooperative providing steam or hot water heat by combustion of biomass exempt.

OR Rev Stat § 308.521 (2019) (N/A)
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(2) Property that is owned or used by a cooperative for the purpose of providing steam or hot water heat by combustion of biomass, as defined in ORS 315.141, is exempt from ad valorem property taxation.

(3) An exemption granted under this section does not relieve the cooperative of the obligation to file the statement required under ORS 308.524. [2019 c.159 §2]