2015 Regular Session
|At the request of:|
|Bill Title:||Proposing revision of Oregon Constitution relating to taxation; and requiring approval by a two-thirds majority.|
Proposes revision of Oregon Constitution repealing ad valorem property tax system created by Ballot Measure 50 (1997), eliminating equalization grant system established with respect to local option taxes approved pursuant to Ballot Measure 50 and directing Legislative Assembly to provide for exemption from ad valorem property taxes for owner-occupied primary residences.
Refers proposed revision to people for their approval or rejection at next primary election.
|Fiscal Impact:||May Have Fiscal Impact, But No Statement Yet Issued|
|Revenue Impact:||May Have Revenue Impact, But No Statement Yet Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In Senate Committee|
|Current Committee:||Senate Committee On Finance and Revenue|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|