State senate passes bill allowing communities to make earthquake-resistant buildings
SALEM, Ore. – The state Senate has passed a bill aimed at giving communities the tools to make earthquake-resistant buildings.
It gives cities and counties in Oregon the option to take on limited tax exemption programs.
Property owners will be able to retrofit vulnerable multi-family, commercial and industrial buildings to be ready for an earthquake.
The program allows cities and counties to decide if they want the exemptions.
The bill now moves to the House.