ORS 307.030¹
Property subject to assessment generally

(1) All real property within this state and all tangible personal property situated within this state, except as otherwise provided by law, shall be subject to assessment and taxation in equal and ratable proportion.

(2) Except as provided in ORS 308.505 (Definitions for ORS 308.505 to 308.665) to 308.665 (Railroad car exemption), intangible personal property is not subject to assessment and taxation. [Amended by 1993 c.353 §2; 1997 c.154 §28]

Notes of Decisions

Legislative intent is that title insurance companies' "title plants" (certain records and in­for­ma­­tion concerning real prop­erty titles) are not taxable as "tangible per­sonal prop­erty" under this sec­tion. Pioneer Nat. Title Ins. Co. v. Dept. of Rev., 7 OTR 453 (1978)

Assess­ment in equal and ratable propor­tion occurs when similar properties are subject to same classifica­tion and methodology notwithstanding differences in valua­tion. Chart Develop­ment Corp. v. Dept. of Revenue, 16 OTR 9 (2001)

Atty. Gen. Opinions

Exclusion of value of business license from real prop­erty for purposes of prop­erty taxa­tion, (1978) Vol 38, p 1759

Chapter 307

Atty. Gen. Opinions

Validity of ad valorem and severance taxa­tion of logs destined for export, (1975) Vol 37, p 427; applica­tion of Article XI, sec­tion 11b of Oregon Constitu­tion to this chapter, (1990) Vol 46, p 388

Law Review Cita­tions

5 EL 516 (1975)

1 Legislative Counsel Committee, CHAPTER 307—Property Subject to Taxation; Exemptions, https://­www.­oregonlegislature.­gov/­bills_laws/­Archive/­2007ors307.­pdf (2007) (last ac­cessed Feb. 12, 2009).
2 Legislative Counsel Committee, Annotations to the Oregon Revised Stat­utes, Cumulative Supplement - 2007, Chapter 307, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­307ano.­htm (2007) (last ac­cessed Feb. 12, 2009).
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information