2012

Keystone Opportunity Zone (KOZ)

State: 

Year: 

Application Process: 
Annual application required
Geographic Requirements: 
Programs limited to designated geographic areas meeting specific criteria
Local Option in Adoption of Program: 
Local government must take action to opt in
Local Option Regarding Program Features : 
Yes
Description of Local Option Regarding Adoption or Program Features : 
One or more local governing bodies may apply to the Department of Community and Economic Development for designation as a Keystone Opportunity Improvement Zone. The governor may also designate deteriorated property in the state as a zone.
Incentive Type: 
Credit
Incentive Description: 
Eligible taxpayers receive full abatement of property taxation for the duration of the project. In addition, taxpayers receive reductions or credits for other state and local taxes.
Eligibility Criteria: 
Incentives Restricted to Certain Industries or Uses
Incentives Tied to Increasing Jobs or Wages
Incentives Tied to Investment
Description of Eligibility Criteria: 
Businesses relocating to the zone must either increase their full-time employment by 20% within the first year of operation, or make a 10% capital investment in property within the zone. The requirements for a firm to be eligible for the Keystone Opportunity Zone incentives has been reduced in its eligibility criteria. The number of full time jobs was reduced to 1,000 and the minimal capital investment is $500,000,000. If a qualified firm makes a $1,000,000,000 investment and employs at least 400 new permanent full-time jobs in one or more zones, within seven years of the date of designation, then the firm will be entitled to the zone's exemptions, deductions, credits, and abatements for 15 years rather than 10 years.
Local Government Actions: 
Local Legislative Body Approval
Eligible Property Type: 
Agricultural
Commercial
Historic
Industrial
Residential
Description of Eligible Property Type: 
Residential, industrial, commercial, or other real property that is abandoned, unsafe, vacant, undervalued, underutilized, overgrown, defective, condemned, demolished or which contains economically undesirable land use is eligible for inclusion in the zone.
Geographic Area Type: 
Other
Geographic Area Criteria: 
Area Size
Designated Period
Condition of the Built Environment
Income and Employment Conditions
Neighborhood Social and Health Conditions
Population Levels or Trends
Description of Geographic Area Criteria: 
The zone may only be established for a period of 15 years and may not exceed 5,000 acres for a Keystone Opportunity Zone or 1,500 acres for a Keystone Opportunity Enterprise Zone. In order to qualify for designation as a Keystone Opportunity zone, the proposed area must meet at least 2 of the following criteria: (1) at least 20% of the population is below poverty level; (2) the unemployment rate is 125% of the state average; (3) at least 20% of all real property within a 5-mile radius of the proposed zone in a non-urban area, or a 1-mile radius in an urban area, is deteriorated or underutilized; (4) at least 20% of all occupied housing within a 2-mile radius of the proposed zone in an non-urban area, or a 1-mile radius in an urban area, is deteriorated; (5) the median family income is 80% of the statewide average if other than an urban area or 80% of the metropolitan statistical area if within an urban area; (6) the population loss in the area exceeds 10%; (7) the political subdivision in which the area is located has experienced a sudden and severe job loss; (8) at least 33% of the real property is underdeveloped or underperforming; (9) the area has substantial real property with the infrastructure and energy necessary to support new development. They area must include evidence of blight, such as vacant, undervalued, defective, or demolished buildings.
Record ID: 
PA001_ED12
Source State Statutes: 
73 P.S. § 820.101- 820.1309 (in effect for 2012)
Source Web Page: 
PA Keystone Opportunity Zones [http://koz.newpa.com/ Accessed 06/03/2009] View Archived Source
Source Publication: 
PA KOZ: About Keystone Opportunity Zones [http://www.portal.state.pa.us/portal/server.pt/gateway/PTARGS_0_788888_0_0_18/rev-672.pdf Accessed 10/18/2012] View Archived Source
Source Additional: 
Taxation Manual (2004) Pennsylvania Department of Community Economic Development [http://www.newpa.com/get-local-gov-support/publications/download.aspx?id=348 Accessed 06/01/2009] View Archived Source
Footnote: 
Effective 14 Febraury 2012, the requirements for a firm to be eligible for the Keystone Opportunity Zone incentives has been reduced in its eligibility criteria. The number of full time jobs was reduced to 1,000 (as opposed to 1,400) and the minimal capital investment was reduced from $750,000,000 to $500,000,000. Effective 14 Febraury 2012, if a qualified firm makes a $1,000,000,000 investment and employs at least 400 new permanent full-time jobs in one or more zones, within seven years of the date of designation, then the firm will be entitled to the zone's exemptions, deductions, credits, and abatements for 15 years rather than 10 years. Effective 14 Febraury 2012, political subdivisions may now be part of two zones if the department agrees that two zones will bring additional economic benefit to the political subdivision. Beginning 2012, If the redevelopment project area is located within more than one municipality, these municipalities may jointly adopt a redevelopment plan and authorize all necessary obligations. Other tax liabilities that can be reduced through exemptions, deductions, abatements, and credits include state taxes on corporate net income, capital stock, foreign franchises, personal income, sales, bank and trust company shares, mutual thrift institutions taxes, or insurance premiums taxes. Local taxes are also included in the program, such as taxes on net profits, business gross receipts, business occupancy, business privilege, or sales. With respect to zone designation, the governor usually recommends sites to localities, then the localities apply for state approval. Each KOZ has up to twenty subzones.
Data Collection Notes: 
04/26/13 Updated as a result of the statute. FN 1 describes the changes. Updated eligibility criteria to reflect these changes as well. 10/18/2012 Updated access date for source publication documents 04/02/12-ES-Rewrote several sections of the geographic area criteria. Rewrote local option description, incentive description, and eligibility criteria. -KB DM: Replaced "exemption from" with "abatement of" for Incentive. Removed checkmark for "Exemption" under Type of Incentive because exemptions only apply to non-property taxes. Removed application. DM: Added checkmarks to "Incentives Tied to Increasing Jobs or Wages" and "Incentives Tied to Investment"

Revision Type: 

Revision Notes: 
1/10/2010 CLK partial data merge 7/8/2010 KB 2/10/11 DM 2/12/11 DM 04/02/12- ES-verified with edits 04/26/13-ES- Updated and verified

Tax Increment Financing for Urban Renewal Areas

State: 

Year: 

Application Process: 
No application required
Geographic Requirements: 
Programs limited to designated geographic areas meeting specific criteria
Local Option in Adoption of Program: 
Local government must take action to opt in
Local Option Regarding Program Features : 
Yes
Description of Local Option Regarding Adoption or Program Features : 
Urban renewal agencies are created in all municipalities but they are only able to exercise their powers upon adoption of an ordinance by the municipality declaring the need for the agency in blighted areas. The agency will develop a plan that contain a provision to raise funds through tax division. If so, it must also limit the total indebtedness to be incurred through the plan. The plan must be approved by the local governing body after public notice and a hearing.
Incentive Type: 
Other
Incentive Description: 
Taxes are divided into bases and positive increments. The positive increments are used to pay for debt raised as part of the urban renewal plan. A special levy is extended against all taxable property in the District and the revenues resulting from this levy are paid into special funds of the urban renewal agency to be used to pay the principal and interest to finance or refinance the existing urban renewal plans. If annual funds are insufficient to meet yearly budgeted obligations, the agency may make a special levy in the amount of the remainder upon all taxable property in the urban renewal agency.
Eligibility Criteria: 
No Criteria
Local Government Actions: 
Public Notice
Local Public Hearing
Local Legislative Body Approval
Eligible Property Type: 
Agricultural
Commercial
Historic
Industrial
Residential
Other
Description of Eligible Property Type: 
All property in the district is eligible.
Geographic Area Type: 
Tax Increment Financing Districts
Urban Renewal Areas
Geographic Area Criteria: 
Area Size
Area Location
Designated Period
Condition of the Built Environment
Neighborhood Social and Health Conditions
Other Conditions
Description of Geographic Area Criteria: 
The assessed value for the urban renewal area shall not exceed 15% total assessed value of a municipality with a population over 50,000, or 25% of total assessed value for a municipality with a population under 50,000. The area must be a "blighted" area as defined by the plan. The area may consume 15% of total land area of a municipality with a population over 50,000, or 25% of total land area for a municipality with a population under 50,000. Cities of the first and second class are not eligible applicants. TIF shall apply until the indebtedness is fully paid or it is found that deposits in the special fund are sufficient to pay the principal and interest on the indebtedness issued or incurred under the urban renewal plan. Urban renewal areas have the authority to exercise power in the same area of operation given a housing authority of the municipality.
Record ID: 
OR006_ED12
Source State Statutes: 
Or. Rev. Stat. § 457.010 ~ § 457.470 (in effect for 2012)
Footnote: 
Effective 1 January 2010, House Bill 3056, Chapter 700, states that an urban renewal agency may amend a plan that is not a large metropolitan plan to increase maximum indebtedness, so long as the aggregate of all amendments do not exceed 20% of the plan's initial indebtedness. The initial maximum indebtedness may be increased annually on the anniversary date of the initial approval of the plan. Effective 1 January 2010, House Bill 3056, Chapter 700, states that a city with a population of more than 500,000 may in lieu of its urban renewal agency, take any actions that an urban renewal agency is authorized to take under this section and any other actions that are required to certify, collect, revise, hold and apply tax revenues raised for the urban renewal agency. Prior to 1 July 1998, municipalities were able to adopt an ordinance providing for alternative methods of raising special levies when existing revenues were insufficient to meet yearly obligations.
Data Collection Notes: 
1) Removed footnote 2 as this was amended to read what is currently in footnote 1 from 2009 Legislative Session, Chapter 700, H 3056 [http://gov.oregonlive.com/bill/2009/HB3056/]. Moved what was in footnote 1 to footnote 3 and both footnote 1 and 2 reflect legislative changes that take effect in 2010. 2) In legislative updates, I need to discuss section 10 of House Bill 3056, Chapter 700 as this is particularly lengthy and I am not sure how much of these details we would like to capture. 3) Would I uncheck TIF in this record? CS

Revision Type: 

Revision By: 
Alice
Revision Notes: 
12/10/2013 GIR: checked, marked as complete 4/23/2010 full data merge-AL 2/8/2011 CS Update- Session laws, footnote 1 and 2 05/30/12-ES verified 12/17/2013 PA verified 2012 record

Vertical Housing Development Zones

State: 

Year: 

Enrollment Data: 
The 2009-2011 revenue impact of this incentive was less than $100,000.
Geographic Requirements: 
Programs limited to designated geographic areas meeting specific criteria
Local Option in Adoption of Program: 
Local government must take action to opt in
Local Option Regarding Program Features : 
No
Description of Local Option Regarding Adoption or Program Features : 
With prior consent of the local governing body, cities or counties apply to the Housing and Community Services Department for designation of an area as a vertical housing zone. The application shall include a list of local taxing districts with territory in the proposed zone; a copy of written notification that was mailed to such districts; a description of the area, the reasons that all or a portion of the zone constitutes a core area of an urban center; a light rail system area, or a transit area; and any other information requested by the Department. Specific districts may elect not to participate in the zone.
Incentive Type: 
Exemption
Incentive Description: 
The property of a vertical housing development project (excluding land) shall be partially exempt from ad valorem property taxation by local districts, other than the districts that have elected not to participate. The exemption ranges from 20% to 80% based on the amount of floor space allocated to residential housing with higher allocations to residential (especially low-income residential) corresponding to higher exemptions. The partial property tax exemption is available for 10 consecutive years.
Eligibility Criteria: 
Incentives Tied to Investment
Description of Eligibility Criteria: 
Project eligibility criteria include: (1) location within an approved district; and (2) a multiple story building or buildings that have both residential and non-residential uses. Non-residential use requirements include: (1) if the site has frontage on a public street, at least 50% of public street fronting ground floor facades must be committed for non-residential use; (2) for a site with frontage on multiple public streets, one of the streets must be designated as "primary" and 100% of the primary public street footage must be non-residential; and (3) all interior spaces adjacent to public street frontage are constructed to commercial use standards and/or planned for commercial use.
Local Government Actions: 
Local Legislative Body Approval
Eligible Property Type: 
Other
Description of Eligible Property Type: 
Projects for mixed use (residential and nonresidential) are eligible.
Geographic Area Type: 
Other
Geographic Area Criteria: 
Area Location
Description of Geographic Area Criteria: 
The zone must be located in a "core urban area" or close to mass-transit facilities.
Record ID: 
OR005_ED12
Source State Statutes: 
OR. Rev. Stat. § 307.841 ~ § 307.867 (in effect for 2011)
Source Publication: 
2011-2013 Tax Expenditure Report, Chapter 2: Property Tax Oregon Department of Revenue p. 293 [http://www.oregon.gov/DOR/STATS/docs/ExpR11-13/tax-expenditure-report-2011-2013.pdf Accessed 01/30/2012] View Archived Source
Footnote: 
The application for a specific project must include: (1) the address and boundaries of the project; (2) a description of the existing state of the property; (3) a description of the proposed construction or rehabilitation and its cost; (4) the number of floors and residential units; (5) the total square footage for nonresidential and residential uses; (6) the proposed nonresidential uses; (7) the number, nature, and square footage of the residential units that will be low-income residential; (8) a commitment to maintaining the project in a manner consistent with the application for the project's duration; and (9) a calculation of equalized floors among uses (non-residential, residential, and low-income residential). Once designated, the district shall continue to exist indefinitely unless termination is approved by the Department of Housing and Community Services at the request of the district. District boundaries may be modified.
Data Collection Notes: 
CAT05 2014/04/14 GIR OLD: _, NEW: local government must take action to opt in

Revision Type: 

Revision By: 
Alice
Revision Notes: 
4/14/14 GIR: see DCN 4/23/2010 full data merge-AL 2/7/2011 CS Update- no changes from 2009 05/30/12-ES-verified 04/26/13-ES-verified

Enterprise Zones

State: 

Year: 

Geographic Requirements: 
Programs limited to designated geographic areas meeting specific criteria
Local Option Regarding Program Features : 
Yes
Description of Local Option Regarding Adoption or Program Features : 
Areas may be designated by the Federal Government or the Governor as enterprise zones. Any city, county, or port may apply for designation of an areas as an enterprise zone. Applications must be submitted on behalf of one or more local governments and include a description of the area, information sufficient to establish eligibility, a statement that federal economic development or job training funds will be prioritized for use in the zone, and relevant proposals to enhance the provision and/or efficiency of local public services, and regulatory flexibility to businesses. Resolutions must be passed by the governing bodies of all affected local jurisdictions.
Incentive Type: 
Exemption
Incentive Description: 
Construction-in-process property may be exempted from ad valorem taxation for up to two years. Qualified property of an authorized business firm may be exempt from taxation for up to 10 years. The exemption is 100% of assessed value. Longer-term exemptions (7-15 years) are available to qualified businesses in rural zones. Income and corporate excise tax exemptions may also be allowed.
Eligibility Criteria: 
Incentives Restricted to Certain Industries or Uses
Incentives Tied to Increasing Jobs or Wages
Incentives Tied to Investment
Description of Eligibility Criteria: 
Eligible businesses must engage in the business of providing goods, products, or services to businesses or other organizations including but not limited to manufacturing, assembly, fabrication, processing, shipping, or storage. Businesses providing retail or financial services are eligible if: (1) the activity serves customers using telecommunications; and (2) at least 90% of the customers or orders originate in an area for which long-distance charges would apply if the order were placed by telephone. Businesses that operate facilities serving statewide, regional, national, or global operations are eligible. The local governing body may elect to permit a business firm operating a hotel, motel, or destination resort to be an eligible business. Firms engaged in electronic commerce are eligible if the zone has been designated for electronic commerce. Local jurisdictions, at the time authorization is sought by the business, shall establish a minimum number of employees the firm must maintain and any other conditions the firm must meet, including requirements for investment in the zone and/or productivity increases. Firms must also enter into first-source hiring agreements for the period of the exemption.
Local Government Actions: 
Local Legislative Body Approval
Eligible Property Type: 
Other
Description of Eligible Property Type: 
The following property types are qualified for exemption: (1) new constructed buildings or structures; (2) new additions or modifications to existing buildings or structures; and (3) real property machinery or equipment or personal property that is installed on property used by an authorized firm and is new to the zone. Property must meet minimum cost requirements.
Geographic Area Type: 
Enterprise Zones
Geographic Area Criteria: 
Area Size
Income and Employment Conditions
Other Conditions
Description of Geographic Area Criteria: 
The Oregon Business Development Department may approve the designation of up to (1) 20 rural enterprise zones; and (2) up to 15 rural or urban enterprise zones. These designations are in addition to zones established by order of the Governor or by the Federal Government. Proposed enterprise zones must be located in an area which: (1) 50% or more area households have incomes below 80% median state income; (2) unemployment rate is at least 2.0 percentage points greater than that of the state; or (3) evidence shows a level of economic hardship at least as severe as that described under conditions 1 or 2. The area is limited to 12 square miles and unconnected areas must be 5 or fewer miles apart. For rural zones, the size limit is 25 miles for a zone contained in sparsely populated county with unconnected areas no more than 15 miles apart. Zones may be designated for electronic commerce. Zone boundaries may be changed with a request to the Oregon Business Development Department. Enterprise zones may also be designated as Reservation Enterprise Zones if requested by eligible Indian Reservations. Rural areas may apply for designation as rural renewable energy development zones. A reservation partnership zone may also be established as an enterprise zone.
Record ID: 
OR004_ED12
Source State Statutes: 
OR. Rev. Stat. § 285C.045 ~ § 285C.533 (in effect for 2011)
Source Additional: 
2012, HB 4093 A
Footnote: 
Except where inconsistent with the requirements for eligible renewable energy facilities, all provisions governing enterprise zones shall apply to rural renewable energy development zones as if rural renewable energy development zones were enterprise zones. If property granted an exemption is sold, transported, or disposed of for use outside the zone or by an ineligible business or firm, or the business fails to meet the eligibility criteria; the property shall be disqualified for the following year, and 100% of additional taxes shall be assessed for each year that the property had been granted the exemption. All enterprise zones except reservation zones terminate effective 30 June 2025. No new enterprise zones except reservation zones may be designated after that date. The sunset date was extended from 2013 with the 2011 HB 3017. Effective May 29, 2012 and applicable to existing enterprise zones, the limit on zones that the Director of the Oregon Business Development Department may approve is increased to up to 20 rural enterprise zones and up to 15 urban or rural enterprise zones, an urban enterprise zone is limited to 12 square miles, a rural enterprise zone is limited to 15 square miles, and the sponsor of an enterprise zone that is terminated by the sponsor or by the director may not apply for a new enterprise zone for a period not to exceed 10 years after termination.
Data Collection Notes: 
ES-4/26/13- Some LEXSEE UPDATES for 2012. Need to check back later!! Effective , Chapter 76, House Bill 3494 introduces a reservation partnership zone as a qualifying zone to receive an exemption under this act. Bill also changed sunset date from 2013 to June 30, 2023. Must find effective date. Only document that can find: [http://www.leg.state.or.us/11reg/measures/hb3400.dir/hb3494.intro.html]. These are legislative changes that modify footnote 1 and footnote 3, but I am having trouble finding the effective date for these two legislative updates. Also, updated enrollment data. CS

Revision Type: 

Revision By: 
Alice
Revision Notes: 
12/10/2013 GIR: checked, added legislative changes, added note on changes to FN3, updated sunset date, marked as complete 4/23/2010 full data merge-AL 2/28/2011 CS Update- see data collection notes 12/17/2013 PA verified 2012 record

Strategic Investment Program (SIP)

State: 

Year: 

Enrollment Data: 
The 2009-2011 revenue impact of the strategic investment program was $155,600,000.
Geographic Requirements: 
Programs available without regard to any designated geographic area
Local Option in Adoption of Program: 
Local government must take action to opt in
Local Option Regarding Program Features : 
Yes
Description of Local Option Regarding Adoption or Program Features : 
The request for designation of a specific project must be made after approval of the local governing body. This request can only be made after a public hearing and after the city and the business firm have reached an agreement regarding the exemption for the specific project. A county seeking to ensure that all eligible projects constructed or installed within a particular area within the county receive the exemption may request designation of the geographic area as a strategic investment zone after approval of the local governing body and a local public hearing. Requests for both specific projects and for the zone as a whole require an agreement between the county, the city (if the zone is in a city), and at least 75% of the property tax authority of all local taxing districts.
Incentive Type: 
Exemption
Other
Incentive Description: 
Within the strategic investment zone, eligible projects may be exempt from property taxation. That portion of real market value of the project equal to the minimum cost and increased annually for growth at the rate of 3% shall be taxable at assessed value. The remainder of the real market value shall be exempt from taxation for a period of 15 years. The project may also be eligible for funding through the issuance of state revenue bonds.
Eligibility Criteria: 
Incentives Restricted to Certain Industries or Uses
Incentives Tied to Increasing Jobs or Wages
Incentives Tied to Investment
Description of Eligibility Criteria: 
The total cost of the project must be at least $100 or $25 million if the project is located in a rural area. Businesses must enter into a first-source hiring agreement with a publicly funded job training provider for the entire period of the exemption. Applicants shall consider creative and cooperative means to promote gainful work for persons already residing in the proximate area for jobs associated with the applicable facility or operations; and persons employed in the construction or installation of property or by other types of contractors, vendors, or suppliers related to the project or its operation. Property may NOT qualify if: (1) it was previously owned or leased by the business benefiting from the exemption; (2) was previously exempt; or (3) is not newly constructed or installed.
Local Government Actions: 
Local Public Hearing
Local Legislative Body Approval
Eligible Property Type: 
Commercial
Description of Eligible Property Type: 
The site or facility for applicable property must be located, used, and occupied for commercial purposes.
Record ID: 
OR003_ED12
Source State Statutes: 
Or. Rev. Stat. § 285C.600 ~ § 285C.626; Or. Rev. Stat. § 307.123 (in effect for 2012)
Source Publication: 
2011-2013 Tax Expenditure Report, Chapter 2: Property Tax (2009) Oregon Department of Revenue p. 291 [http://www.oregon.gov/DOR/STATS/docs/ExpR11-13/tax-expenditure-report-2011-2013.pdf Accessed 01/30/2012] View Archived Source
Footnote: 
The Oregon Department of Administrative Services shall determine the annual amount of personal income tax revenue attributable to each eligible project for which a business received an exemption and shall transfer 50% of the cumulative amount to a Shared Services Fund. Revenues from the Shared Services Fund are distributed to taxing districts that provided property tax exemptions to eligible projects. Additionally, eligible businesses must submit an annual report to the Oregon Business Development Department disclosing the taxes and fees paid, the assessed value and location of taxable and exempt property of the project; hires and their compensation; and jobs retained and their compensation. Counties and local governments shall consider creative and cooperative means to promote gainful work for persons already residing in the area when creating policy and standards for designation of a Strategic Investment Zone. A SIZ must: (1) be entirely contiguous; (2) be located in a single county; (3) be exclusive of land in any other SIZ; and (4) contain only rural land if designated a rural SIZ. Once designated, a SIZ does not expire and may not be terminated or geographically amended. As part of the agreement, eligible businesses must pay an annual fee for community services support relating to the impact of the project on public services. The fee shall be equal to 25% of the property taxes that would otherwise be paid but is limited to $2 million (or $500,000 in rural areas). Revenues from the fees are to be distributed to the county and any other local taxing district that levies taxes on property located in a tax code area containing the project. These fees are in addition to the application fees charged by the Oregon Business Development Commission.
Data Collection Notes: 
1) Removed session law at it pertained to the 2009 record and removed effective dates and chapter laws from first sentence of footnote 1. 2) Updated enrollment data. CS

Revision Type: 

Revision By: 
Alice
Revision Notes: 
4/23/2010 full data merge-AL 2/8/2011 CS Update- removed session law and edited footnote 1, updated enrollment data 4/26/13- ES No 2012 changes

Exemption of Buildings During Construction

State: 

Year: 

Application Process: 
Annual application required
Enrollment Data: 
During 2009-2011, there was a $9,100,000 revenue loss associated with the exemption for commercial buildings under construction. This total includes construction-in-process in an enterprise zone.
Geographic Requirements: 
Programs available without regard to any designated geographic area
Local Option in Adoption of Program: 
Local government is unable to exercise an option
Local Option Regarding Program Features : 
No
Incentive Type: 
Exemption
Incentive Description: 
Property is exempt from ad valorem property taxation for no more than 2 consecutive years.
Eligibility Criteria: 
Incentives Restricted to Certain Industries or Uses
Incentives Tied to Investment
Description of Eligibility Criteria: 
This exemption only applies to manufacturing property. Eligible property includes new building, structure, or addition to an existing building or structure that is intended primarily for the futherance of the production of income; machinery or equipment located at the construction site or installed in or affixed to a building, structure, or addition; and personal property located at a construction site.
Local Government Actions: 
No Actions
Eligible Property Type: 
Other
Description of Eligible Property Type: 
Residential property is excluded. Property located in an enterprise zone is included.
Record ID: 
OR002_ED12
Source State Statutes: 
Or. Rev. Stat. § 285C.170 (in effect for 2011)
Source Web Page: 
Source Publication: 
2011-2013 Tax Expenditure Report, Chapter 2: Property Tax Oregon Department of Revenue p. 220 [ Accessed 01/30/2012] View Archived Source
Footnote: 
Data Collection Notes: 
1) Edited source admin code as it had been sourced with the incorrect numbering and format. 2) Enrollment data has been updated. CS

Revision Type: 

Revision By: 
Alice
Revision Notes: 
4/23/2010 full data merge-AL 2/7/2011 CS Update- enrollment data, fixed source admin code 3/30/12 ES verified 4/26/13 ES verified

Oregon Food Processor Exemption

State: 

Year: 

Enrollment Data: 
The 2009-2011 revenue loss associated with this exemption was $2,900,000.
Geographic Requirements: 
Programs available without regard to any designated geographic area
Local Option in Adoption of Program: 
Local government is unable to exercise an option
Local Option Regarding Program Features : 
No
Incentive Type: 
Exemption
Incentive Description: 
Qualified machinery and equipment certified by the Department of Agriculture, including both real and personal property of a food processor, is exempt from property taxes for up to 5 years.
Eligibility Criteria: 
Incentives Restricted to Certain Industries or Uses
Incentives Tied to Investment
Description of Eligibility Criteria: 
A food processor means a person engaged in freezing, canning, dehydrating, concentrating, preserving, processing, or repacking food for human consumption in any procedure that occurs prior to the point of first sale. This does not include persons in the business of producing alcoholic beverages.
Local Government Actions: 
No Actions
Eligible Property Type: 
Property Type Not Specified
Description of Eligible Property Type: 
There are no restrictions on eligible property types.
Record ID: 
OR001_ED12
Source State Statutes: 
Or. Rev. Stat. § 307.453 ~ § 307.459 (in effect for 2011)
Source Publication: 
2011-2013 Tax Expenditure Report, Chapter 2: Property Tax Oregon Department of Revenue p. 246 [http://www.oregon.gov/DOR/STATS/docs/ExpR11-13/tax-expenditure-report-2011-2013.pdf Accessed 01/30/2012] View Archived Source
Footnote: 
Data Collection Notes: 
CAT09 2014/06/30 GIR: Eligible Property Types OLD: Agricultural, Commercial, Historic, Industrial, Residential, Other NEW: Property Type Not Specified

Revision Type: 

Revision By: 
Alice
Revision Notes: 
6/30/14 GIR: correction 4/23/2010 2/7/2011 CS Update- same as 2009 03/30/12-ES verified 04/26/13-ES verified

Oklahoma Housing Reinvestment Program

State: 

Year: 

Geographic Requirements: 
Programs limited to designated geographic areas meeting specific criteria
Local Option in Adoption of Program: 
Local government must take action to opt in
Local Option Regarding Program Features : 
Yes
Description of Local Option Regarding Adoption or Program Features : 
The governing body of a municipality or county may establish a housing reinvestment district, designate and adopt the proposed boundaries, and obtain the written consent of each taxing entity levying ad valorem taxes upon property located in the proposed boundaries of the district. The governing body must also provide public notice and hold a public hearing on the proposed boundaries.
Incentive Type: 
Exemption
Incentive Description: 
A municipality or county may provide an exemption from ad valorem taxes in a housing reinvestment district. A school district or taxing entity other than a municipality or county may provide an exemption from ad valorem taxes in a housing reinvestment district through a contractual arrangement with the municipal or county governing body. In the housing reinvestment district, newly constructed residences on a parcel which a residence has not been located within a 10-year period preceding the date of the commencement of construction is exempt from ad valorem taxes for a period of 2 tax years; a newly constructed residence on a parcel which a residence was located within a 10-year period is exempt for 3 tax years. A residential improvement that increases the fair cash value of the property by $20,000 or more, is exempt from ad valorem taxes for 5 tax years, beginning with the first full tax year following completion of the improvement.
Eligibility Criteria: 
Incentives Tied to Investment
Local Government Actions: 
Public Notice
Local Public Hearing
Local Legislative Body Approval
Eligible Property Type: 
Residential
Description of Eligible Property Type: 
All residential housing is eligible.
Geographic Area Type: 
Other
Geographic Area Criteria: 
Area Location
Population Levels or Trends
Description of Geographic Area Criteria: 
This district may only be created in a municipality or county with a population less than 300,000 persons and with the percentage change in population less than the national average percentage change of the previous federal decennial census. The boundaries of the district created must be confined to that territory within the corporate limits of the municipality; any district created by a county must be confined to the territory within the unincorporated areas of the county.
Record ID: 
OK005_ED12
Source State Statutes: 
Okla. Stat. tit. 62, § 881 ~ § 887 (in effect for 2012)
Footnote: 
The provisions of the Oklahoma Housing Reinvestment Program Act will cease to be effective 1 January 2013.
Data Collection Notes: 
No change from 2009 record.

Revision Type: 

Revision By: 
Dan
Revision Notes: 
12/10/2013 GIR: checked, marked as complete 02/03/2011 DC Update 12/17/2013 PA verified 2012 record

Five-Year Exemption for Manufacturing Facilities

State: 

Year: 

Geographic Requirements: 
Programs available without regard to any designated geographic area
Local Option in Adoption of Program: 
Local government is unable to exercise an option
Local Option Regarding Program Features : 
No
Description of Local Option Regarding Adoption or Program Features : 
Incentive Type: 
Exemption
Incentive Description: 
New or expanded qualified manufacturing facilities, including facilities engaged in research and development, shall be exempt from property taxes for up to 5 years. The exemption for an expanded manufacturing facility shall be limited to the increase in property taxes directly attributable to the expansion.
Eligibility Criteria: 
Incentives Restricted to Certain Industries or Uses
Incentives Tied to Increasing Jobs or Wages
Incentives Tied to Investment
Description of Eligibility Criteria: 
A new, acquired or expanded manufacturing facility must: (1) have an annualized payroll of at least $250,000 if the facility is located in a county with a population of fewer 75,000, or at least $1,000,000 if the facility is located in a county with a population of 75,000 or more; and (2) offer 180 days of the date of employment, a basic health benefits plan to the full-time-equivalent employees of the facility. See footnote 2 for specific requirements for automotive final assembly manufacturing facilities, computer data processing, data preparation, or information processing facilities, and electric power generation by means of wind facilities.
Local Government Actions: 
No Actions
Eligible Property Type: 
Commercial
Industrial
Description of Eligible Property Type: 
Only manufacturing facilities are eligible.
Record ID: 
OK003_ED12
Source State Statutes: 
Okla. Stat. 68 § 2902 (in effect for 2012)
Source Constitution: 
Okla. Const. Art. X, § 6B (in effect for 2012)
Footnote: 
Manufacturing facilities are engaged in the mechanical or chemical transformation of materials or substances into new products and include: (1) establishments which have received a manufacturer exemption permit; (2) facilities, including repair and replacement parts, primarily engaged in aircraft repair, building and rebuilding whether or not on a factory basis; (3) establishments primarily engaged in computer services and data processing, which derive at least 50% of their annual gross revenues from the sale of a product or service to an out-of-state buyer or consumer, and at least 80% of their annual gross revenues from the sale of a product or service to an out-of-state buyer or consumer; (4) facilities for which the investment cost of the construction, acquisition or expansion of the manufacturing facility is $250,000.00 or more provided, investment cost will not include the cost of direct replacement, refurbish, repair or maintenance of existing machinery or equipment; and (5) establishments primarily engaged in distribution and have construction with an initial capital investment of at least $5,000,000.00, employ at least 100 full-time-equivalent employees, pay wages or salaries to its employees at a wage which equals or exceeds 175% of the federally mandated minimum wage, and commence construction on or after 1 November 2007, with construction to be completed within 3 years from the date of the commencement of construction. Any new, acquired or expanded automotive final assembly manufacturing facility which does not meet the requirements of a new, acquired or expanded manufacturing facility is granted an exemption if: (1) the investment cost of the construction, acquisition or expansion of the facility is $300,000,000 or more; and (2) the manufacturing facility retains an average employment of 1,750 or more. Any new, acquired, or expanded computer data processing, data preparation, or information processing services provider classified in Industrial Group Number 7374 of the SIC Manual, is eligible if: (1) there is a net increase in annualized payroll of the applicant at any facility or facilities of the applicant in this state of at least $250,000, which is attributable to the capital improvements, or a net increase of $7,000,000 or more; and (2) the facility offers, or will offer within one hundred eighty 180 days of the date of employment of new employees attributable to the capital improvements, a basic health benefits plan to the full-time-equivalent employees of the facility. An entity engaged in electric power generation by means of wind, as described by the North American Industry Classification System that does not meet the requirements of a new, acquired or expanded manufacturing facility is eligible only if: (1) there is a net increase in annualized payroll of at least $250,000; or (2) a net increase of $2,000,000 or more in capital improvements while maintaining or increasing payroll. Effective 1 January 2012 any entity which was granted an exemption in calendar year 2009 but did not meet the base-line payroll requirements may be able to retain the exemption provided that the entity attains or increases payroll at or above the base-line payroll established for the exemption which was in force in 2009.The facility can fail to meet the payroll requirements if it: (1) has been located for at least 5 years as of 31 March 2009, in a county in Oklahoma with a population of 600,000 or more; (2) is owned by an applicant that maintains a workforce of at least 300 employees on the effective date of this act; (3) is owned by an applicant that has filed multiple applications for exemption; and (4) is owned by an applicant that operates at least one facility in the state of at least 730,000 square feet on the effective date of this act.
Data Collection Notes: 
No change from 2009 record. ES- 9/29/2011- Added second portion of FN 2.

Revision Type: 

Revision By: 
Dan
Revision Notes: 
12/10/2013 GIR: checked, marked as complete 02/03/2011 DC New record 12/17/2013 PA verified 2012 record

Tax Increment Financing Districts

State: 

Year: 

Application Process: 
No application required
Geographic Requirements: 
Programs limited to designated geographic areas meeting specific criteria
Local Option in Adoption of Program: 
Local government must take action to opt in
Local Option Regarding Program Features : 
Yes
Description of Local Option Regarding Adoption or Program Features : 
For increment districts in operation for 9 months or more, the governing body of a city, town or county shall submit a project plan to the chief executive officer of each taxing entity. The governing body must also publish in a newspaper of general circulation in the city, town or county, a summary of the relevant financial information along with a notice to the effect that such report has been prepared and that the report is available for inspection.
Incentive Type: 
Other
Incentive Description: 
All or any portion of the increment from local taxes or fees, including property taxes and local sales taxes, are paid into an apportionment fund not to exceed 25 years to fund project costs and the principal of and interest on tax apportionment bonds and notes. A public entity, other than a city, town or county, may issue tax apportionment bonds or notes, other bonds or notes, or both, the proceeds of which may be used to pay project costs pursuant to the plan.
Eligibility Criteria: 
No Criteria
Local Government Actions: 
Public Notice
Eligible Property Type: 
Agricultural
Commercial
Historic
Industrial
Residential
Description of Eligible Property Type: 
All property within the district is eligible.
Geographic Area Type: 
Tax Increment Financing Districts
Geographic Area Criteria: 
Designated Period
Description of Geographic Area Criteria: 
The TIF district may be used for up to 25 years, or the period required for payment of project costs, whichever is less. When all project costs and indebtedness are paid, the governing body will adopt an ordinance or resolution dissolving the TIF.
Record ID: 
OK002_ED12
Source State Statutes: 
Okla. Stat. tit. 62, § 861 ~ § 62-867.1 (in effect for 2012)
Footnote: 
A tax apportionment bond or note issued pursuant to the provisions of this section is not a debt, and may not be included in any computation of the general obligation debt liability, or obligation of the city, town or county creating or approving the plan, project or increment district.
Data Collection Notes: 
No changes from the 2009 record.

Revision Type: 

Revision By: 
Dan
Revision Notes: 
12/10/2013 GIR: checked, marked as complete 02/03/2011 DC Update 12/17/2013 PA verified 2012 record

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