2019 Regular Session
|At the request of:||(at the request of House Interim Committee on Revenue)|
|Bill Title:||Proposing amendment to Oregon Constitution relating to the maximum assessed value of business property.|
Proposes amendment to Oregon Constitution relating to ad valorem property taxation.
Provides that maximum assessed value of property held for commercial or industrial purposes shall equal property's real market value. Provides four-year ramp-up from current maximum assessed value to real market value. Refers proposed amendment to people for their approval or rejection at next regular general 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 House Committee|
|Current Committee:||House Committee On Revenue|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|