2021 Regular Session SJR 1

• At the request of: (at the request of Senate Interim Committee on Finance and Revenue)
• Bill Title: Proposing amendment to Oregon Constitution relating to the transfer of certain constitutional provisions governing ad valorem property taxation to statute.

Catchline/Summary

Proposes amendment to Oregon Constitution repealing ad valorem property tax system created by House Joint Resolution 85 (1997) (Ballot Measure 50 (1997)) and requiring Legislative Assembly to enact such laws as may be necessary or appropriate to transfer repealed provisions to statute without substantive changes other than changes to address inequities of constitutional property tax system that can be made without affecting stability of system.

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
• Current Location: In Senate Committee
• Current Committee: Senate Committee On Finance and Revenue