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HB 2474 <br />Relating Clause: Relating to property tax collection; prescribing an effective date; providing for revenue <br />raising that requires approval by a three-fifths majority. <br />Title: <br />Reduces discount on payment of property taxes. <br /> Applies to property tax years beginning on or after July 1, 2008. <br /> Takes effect on 91st day following adjournment sine die. <br />Sponsored by: COMMITTEE ON REVENUE <br />URL:http://www.leg.state.or.us/09reg/measpdf/hb2400.dir/hb2474.intro.pdf <br />ContactRespondentDept Updated Priority Policy Poli Numb Recommendation <br />Larry Hill Larry Hill CS-FIN 2/2/2009 Pri 2 Yes YesII. A1 Support <br />Comments: <br />HB 2474 would reduce the statutory discount allowed on early payment of property taxes <br />from 2% to 1% for 1/3 payment by November 15, and from 3% to 2% for full payment by <br />November 15. <br />The reduced discount would decrease discount-related losses of revenue to the City, but <br />this may be mitigated because athe remaining discount may not be a sufficient incentive <br />for early payment and so would in turn reduce interest earnings on fund account <br />balances. These considerations make it difficult to estimate the revenue impact on the <br />City. On balance I think the measure is likely to benefit the City's revenue. <br />HB 2483 <br />Relating Clause: Relating to physical hazards to air navigation. <br />Title: <br />Requires person to get permit from Oregon Department of Aviation before constructing <br />object or structure that constitutes physical hazard to air navigation. <br />Sponsored by: Representative CLEM (at the request of Oregon Department of Aviation) (at the request <br />of Oregon Department of Aviation) <br />URL:http://www.leg.state.or.us/09reg/measpdf/hb2400.dir/hb2483.intro.pdf <br />ContactRespondentDept Updated Priority Policy Poli Numb Recommendation <br />Cathryn Stephens PW-APT 2/3/2009 Pri 2 Oppose <br />Comments: <br />Oppose unless amended to add "with approval from local airport sponsor." The language <br />in Section 2 would currently permit the ODA to allow the construction of an object or <br />structure that poses a hazard to air navigation with no input from the airport sponsor. This <br />could potentially impact the Eugene Airport. <br />HB 2493 <br />Relating Clause: Relating to greenhouse gas cap-and-trade systems. <br />Title: <br />Prohibits Environmental Quality Commission from establishing greenhouse gas cap-and- <br />trade system. <br />Sponsored by: Representative SCHAUFLER <br />URL:http://www.leg.state.or.us/09reg/measpdf/hb2400.dir/hb2493.intro.pdf <br />ContactRespondentDept Updated Priority Policy Poli Numb Recommendation <br />Ethan Nelson PDD-BPS 2/2/2009 Pri 1 Yes YesVII. A1 Oppose <br />Comments: <br />7 <br /> <br />