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Proposed farm equipment tax clarification delayed

Thursday, May 16, 2019   (0 Comments)
Posted by: Beth Farmer
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The Oregon Legislature will not act this session on House Bill 2264, which would have clarified how county assessors should handle farm equipment and machinery. Instead, the issue has been referred to an interim workgroup, with the goal of introducing a bill in 2020.
“It was clear that the process needed more time than we had left in this session to get a comprehensive solution to our property tax issues,” said Leigh Geschwill, chair of the OAN Government Relations Committee and an owner at F&B Farms and Nursery.
The bill was introduced because some growers, including Geschwill, have received letters from their county assessor asking them to pay personal property taxes on farm equipment that is supposed to be exempt. A handout from the Farm Bureau explains the analysis that is supposed to take place under current state law to determine whether machinery or equipment should be considered or taxed as real property or tangible personal property, and whether it should be tax exempt.