Item 3: Ratification of IGR Committee Actions and Direction on Legislative Policy

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URL:http://www.leg.state.or.us/09reg/measpdf/sb0100.dir/sb0192.intro.pdf RespondentDept Updated Priority Policy Poli Numb Recommendation Contact Richie Weinman Richie Weinman PDD-DEV 1/20/2009 Comments: Planning issue. They should be lead. Richie ContactRespondentDept Updated Priority Policy Poli Numb Recommendation Larry Hill Larry Hill CS-FIN 1/20/2009 Pri 2 Yes II. A2 Oppose Comments: SB 192 would establish a new 15 year partial exemption from property taxes for properties for which historic preservation plans have been submitted to and approved by the state. Participating residential property would be taxed on 60% of assessed value, and commercial property would be taxed on 50% of assessed value, for 15 years, after which the exemption could be renewed. The state would not reimburse local jurisdictions for lost property tax revenue. It is unknown how many properties would qualify for the exemption, so financial impact on the City of Eugene cannot be accurately estimated. SB 0199 Relating Clause: Relating to affordable housing tax credits; prescribing an effective date. Title: Increases monetary cap on allowable affordable housing tax credits. Applies to affordable housing tax credits claimed in tax years beginning on or after January 1, 2010. Takes effect on 91st day following adjournment sine die. Sponsored by: Governor Theodore R. Kulongoski for Housing and Community Services Department URL:http://www.leg.state.or.us/09reg/measpdf/sb0100.dir/sb0199.intro.pdf ContactRespondentDept Updated Priority Policy Poli Numb Recommendation Richie Weinman PDD-DEV 1/20/2009 Pri 1 Yes IV. C Support Comments: This is a critical bill. This program has been effective at helping to finance low-income housing projects. However,the program is capped out and if the cap isn't raised the program doesn't operate. This supports the heart of our housing policy. ContactRespondentDept Updated Priority Policy Poli Numb Recommendation Larry Hill Larry Hill CS-FIN 1/20/2009 Pri 1 Yes IV. C Support Comments: SB 199 would have no financial impact on the City of Eugene. I defer to Richie Weinman's recommendation to support under the legislative housing policy. SB 0200 Relating Clause: Relating to homelessness. Title: Establishes state policy regarding homelessness. Sponsored by: Governor Theodore R. Kulongoski for Housing and Community Services Department URL:http://www.leg.state.or.us/09reg/measpdf/sb0200.dir/sb0200.intro.pdf ContactRespondentDept Updated Priority Policy Poli Numb Recommendation Richie Weinman PDD-DEV 1/20/2009 Pri 2 Yes IV. C Support Comments: This bill will increase the state's commitment to addrerssing homelessness and could lead to more local funds. This directly supports a City Council goal and could, if it becomes controversial, become something that I upgrade to a #1 priority later. 18