Died when the session ended, on June 30, 2019.
2019 Regular Session
House Joint Resolution 1
Proposes amendment to Oregon Constitution providing that, for purposes of ad valorem property taxation, ratio of maximum assessed value to real market value of property may not be less than 0.75.
What it does
The synopsis the Legislative Assembly published with the bill.
Proposes amendment to Oregon Constitution providing that, for purposes of ad valorem property taxation, ratio of maximum assessed value to real market value of property may not be less than 0.75. Provides that if such ratio is less than 0.75, maximum assessed value of such property shall be increased so that ratio is equal to 0.75. Provides five-year ramp-up for new assessment policy. Exempts from ad valorem property taxes lesser of first $25,000 or first 25 percent of real market value of each homestead. Requires Legislative Assembly to enact laws for administration of exemption, including adjusting $25,000 for inflation. Refers proposed amendment to people for their approval or rejection at next regular general election held throughout this state.
Text
Each version as the Legislative Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.
In the House of Representatives Jan 14 – Jun 30
- Jan 14Introduced
- Jan 18Sent to Revenue
- Jun 30Died when the session ended