Or. Admin. R. 150-321-0310 - Requirements to Qualify Certain Forestland for Special Assessment at Farm Use Values Under Ors 308a.092

150-321-0310
Requirements to Qualify Certain Forestland for Special Assessment at Farm Use Values Under ORS 308A.092

(1) For forestland to qualify for special farm use assessment valuation under ORS 308A.092, the following conditions must be met:

(a) The owner must request the land be changed from a farm use to forestland designation by filing an application under ORS 308A.724 with the county assessor;

(b) Trees must have been planted after October 15, 1983;

(c) The owner must state the average age of timber upon the land involved on the application;

(d) The average age of the timber on the land must be less than 40 years;

(e) The land must have been specially assessed under ORS 308A.092 for at least 10 consecutive years before the request for special assessment as forestland;

(f) The owner of land applying for this special assessment may not own more than 2,000 acres of forestland in Western Oregon.

(2) Application forms for this special assessment program shall must be designed by the Department of Revenue. A copy of the prescribed form shall be distributed to each county assessor for in-county duplication as needed.

(3) Planting defined — planting is defined as the setting of young plants or seeds in the ground. Timber stands established naturally do not qualify as “planted.”

(4) The time for filing an application for this special assessment is governed by ORS 308A.077.

(5) The farm use value for the land must be based on land class irrespective of any vegetation cover.