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2015 Regular Session
Overview
At the request of:
Chief Sponsors:
Regular Sponsors:
Bill Title: Proposing revision of Oregon Constitution relating to taxation; and requiring approval by a two-thirds majority.
Catchline/Summary: 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.
Chapter Number:
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
Current Subcommittee:
Subsequent Referral(s):
Potential Conflicts of Interest/Vote Explanations: Potential Conflicts of Interest/Vote Explanation Documents
Measure History
Scheduled Events