Relating to the waiver of property tax charges; and prescribing an effective date.

Authorizes county to adopt ordinance or resolution authorizing county assessor to waive penalties and ] waiver of interest charged for failure to file property tax return or ] pay taxes when due. Applies only to 2020-2021 and 2021-2022 ] property tax years ] year, to interest on taxes imposed on real property used in taxpayer's business, provided no uncontested delinquent property taxes were outstanding on such property as of February 15, 2020, and to delinquencies substantially due to effects of COVID-19 pandemic or 2020 Oregon fire season. Sets forth criteria for determining that delinquency is substantially due to effects of COVID-19 pandemic or 2020 Oregon fire season. Requires county that adopts ordinance or resolution to submit report to Legislative Revenue Officer that includes findings and statement of financial impact of waiver of interest on county. Sunsets January 2, 2023. Takes effect on 91st day following adjournment sine die.