Item 3: Ratification of Unanimous IGR Actions and Action on Non-Unanimous IGR Actions

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HB 2569 Relating Clause: Relating to property tax appeals; prescribing an effective date. Title: Authorizes county assessor to order deferred billing credit to taxpayer if dollar amount at issue in property tax appeal exceeds $1 million. Sponsored by: Introduced and printed pursuant to House Rule 12.00. Presession filed (at the request of House Interim Committee on Revenue) URL: http://www.leg.state.or.us/11reg/measpdf/hb2500.dir/hb2569.intro.pdf Contact Respondent Dept Updated Priority Recommendation Larry Hill CS-FIN 01/20/2011 Pri 1 Support Comments: HB 2569 has the potential to save the City loss of tax revenue due to large property tax appeals that may occur in the future. This bill comes from an Association of Oregon Counties interim task force that worked with assessors to come up with an idea to give a discretionary "tool" to the assessors tool box when the assessor receive notice of large value appeals. The bill would allow the property under appeal with a disputed value above $1 million to be assessed, taxed and sent a tax bill as normal but then the assessor in certain circumstances could then issue a "deferred billing credit" notice to the taxpayer informing them to not pay some portion of the tax related to the disputed value. The taxpayer holds their own money pending the appeal and therefore the district does incur the 12% interest required by statute on the refund if the appeal succeeds. If the value is upheld and/or no change in original tax amount occurs, then the taxpayer must pay the tax amount due within 30 days for immediate distribution to the districts. The intent is for this to be used in very limited circumstances as a way to mitigate the 12% interest that accrues to all the districts on refunds for appeals that go on for years. Right now, assessors only have the ability to set up a refund reserve for disputed principal in certain situations but no way to stop the interest accrual or set aside money for the interest for districts. Under the current statutory scheme, sophisticated taxpayers may be utilizing the property tax appeal process and the 12% interest on refunds as an investment strategy, which is to the detriment of our local governments and schools. Given the Comcast and Hynix appeals and impacts to districts for multiple years of large refunds that may be owed when this is done, the assessors responded in HB 2569 with a workable idea that didn't mess with the valuation process or the tax bill/tax distribution schedule. HB 2584 Relating Clause: Relating to employment of temporary employees by public employers; declaring an emergency. Title: Limits period for which certain public employers may employ temporary workers. Sponsored by: By Representative SCHAUFLER; Representative MATTHEWS (Presession filed.) URL: http://www.leg.state.or.us/11reg/measpdf/hb2500.dir/hb2584.intro.pdf 18