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2005 Legislative Session IGR Committee Bill Approval April 11, 2005 <br /> <br /> Proposes amendment to Oregon Constitution to create Oregon Stabilization Fund. Specifies <br /> sources of fund and conditions under which moneys in fund may be spent. Refers proposed <br /> S JR 0023 1 Support amendment to people for their approval or rejection at next regular general election. 3~24 <br /> Proposes amendment to Oregon Constitution to permit local taxing districts to propose, and <br /> district voters to adopt, a rate limit on property taxes that is less than district's permanent rate limit. <br /> Refers proposed amendment to people for their approval or rejection at special election held on <br /> S JR 0025 3 Monitor same date as next primary election. 3/24 <br /> Proposes amendment to Oregon Constitution to establish reserve fund consisting of excess tax <br /> revenues collected. Requires two-thirds vote of members of each house of Legislative Assembly to <br /> appropriate moneys from reserve fund. Refers proposed amendment to people for their approval <br /> S JR 0029 1 Support or rejection at next regular general election. 3~24 <br /> <br /> <br />