OAR 150-311-0670: Deferred Taxes Paid by the Department

(1) When the department makes a deferral account payment to the county, the department will pay 97% of the amount of the tax assessed, and the county must credit that amount as full payment of such taxes, regardless of whether the department’s payment is before, on or after the payment deadline. (2) The county may not charge the department interest on any deferral account payment.