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

# (1)

(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)

(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)

(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)

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

# (5)

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