l9n/ Oregon

2019 Regular Session

Senate Joint Resolution 2

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.

Died when the session ended, on June 30, 2019.

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.

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 Senate Jan 14 – Jun 30

  1. Jan 14Introduced
  2. Jan 15Sent to Finance and Revenue
  3. Feb 20Heard in Finance and Revenue
  4. Jun 30Died when the session ended
All 4 actions, as published
  1. Jan 14Introduction and first reading. Referred to President's desk.Senate
  2. Jan 15Referred to Finance and Revenue, then Rules.Senate
  3. Feb 20Public Hearing held.Senate
  4. Jun 30In committee upon adjournment.Senate