2015 Regular Session
|At the request of:||(at the request of Governor John A. Kitzhaber, M.D., for Department of Revenue)|
|Bill Title:||Relating to categorization of revenue for purposes of Ballot Measure 5 (1990); prescribing an effective date.|
Removes statutory provisions relating to categorization of property tax revenue under Ballot Measure 5 (1990) that were held unconstitutional by Oregon courts.
Removes requirement that all urban renewal revenue be categorized as subject to the $10 limitation per $1,000 of real market value under Ballot Measure 5 (1990). Requires notice filed by urban renewal agency with county assessor to include ordinance or resolution of municipality governing body categorizing urban renewal revenue using Measure 5 categories.] Removes statutory provisions relating to categorization of property tax revenue under Ballot Measure 5 (1990) that were held unconstitutional by Oregon courts. Takes effect on 91st day following adjournment sine die.
|Chapter Number:||Chapter 368|
|Fiscal Impact:||No Fiscal Impact|
|Revenue Impact:||No Revenue Impact|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||Chapter Number Assigned|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|