This program exempts from property taxes a portion of large capital investment.

• Locally approved 15-year property tax exemption of all investment value over $100 million in urban areas or $25 million in rural areas.
  
• Company pays a community service fee equal to 25 percent of the exemption, up to a yearly maximum of $2 million in urban areas or $500,000 in rural areas.
  
• Exemption also is available with pre-established local requirements and approval if project will locate in a designated Strategic Investment Zone.

Resources
Complete program information (PDF)
Chart of procedures and approval (PDF)
Application (PDF)
Example of tax treatment (PDF)
Oregon Revised Statutes (ORS): Chapter 285C
Administrative Rules