Report on Constitutional Real Property Tax Limit Preserving 85% District's 1977 Revenue (State Measure No. 6)

Authors

City Club of Portland (Portland, Or.)

Publication Date

10-3-1980

Document Type

Report

Subjects

Urban policy -- Oregon -- Portland -- Periodicals, Portland (Or.) -- Politics and government -- Periodicals, Portland (Or.) -- Social conditions -- Periodicals, Property tax -- Oregon

Notes

Purpose: "Constitutional Amendment limits annual real property tax to 1% of 1977 true cash value, plus amount necessary to provide 85% (100% for emergency services) 1977-1978 district's revenue. Taxable values, district revenues may increase 2% annually. Tax for existing bonded indebtedness not affected. Preserves HARRP. Requires equivalent renter relief. State ad valorem, all sales, transaction taxes on real property prohibited; tax increases require two-thirds legislative or popular vote. Levies outside 6% limitation require two-thirds popular vote."

Persistent Identifier

http://archives.pdx.edu/ds/psu/15251

Recommended Citation

City Club of Portland (Portland, Or.), "Report on Constitutional Real Property Tax Limit Preserving 85% District's 1977 Revenue (State Measure No. 6)" (1980). City Club of Portland. 548.
http://archives.pdx.edu/ds/psu/15251