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Sponsored by: Regular Sponsors: Revenue <br /> <br /> <br />URL: http://www.leg.state.or.us/13reg/measpdf/hjr1.dir/hjr0022.intro.pdf <br /> <br /> <br />Contact Respondent Dept Updated Priority Recommendation <br />Larry Hill CS FIN 03/05/2013 Pri. 1 Support <br /> <br />Comments: HJR 22 would amendmend the State Constitution to allow local option property taxes <br />approved by the voters in an election in November of an even-numbered year to be <br />outside the Measure 5 limits of $10/1000 real market value, tehere by avoiding <br />compression of that revenue. It would also allow LOLs to extend for up to 10 years <br />maximum, rather than the current maximum of 5 years. This concept is a high priority of <br />the LOC. I recommend support for the concept, which several bills address this session. <br /> <br /> <br /> <br />HJR 0008 <br />Relating Clause: Proposing amendment to Oregon Constitution relating to local option ad valorem <br />property taxes. <br /> <br />Title: Proposes amendment to Oregon Constitution to authorize local taxing districts to impose <br />local option taxes not subject to compression under Ballot Measure 5 (1990) if approved <br />by voters. <br /> <br />Sponsored by: at the request of House Interim Committee on Revenue, Presession Filed <br /> <br /> <br />URL: https://olis.leg.state.or.us/liz/2013R1/Measures/Overview/HJR8 <br /> <br /> <br />Contact Respondent Dept Updated Priority Recommendation <br />Larry Hill CS FIN 04/09/2013 Pri. 1 Support <br /> <br />Comments: This is a high priority for LOC. HJR 8 is part of a long term strategy by the LOC and <br />member cities to mitigate the increasingly detrimental impacts of Constitutional property <br />tax limitations on municipal revenues. Specifically HJR 8 is a proposed Constitutional <br />amendment that would permit voters to approve a local option property tax that would be <br />outside the compression limits set by the 1990 Measure 5 amendments to the <br />Constitution. However, unlike SJR 10, this bill would not extend the maximum length of <br />Local Option Levies, which would remain at five years. This would allow the voters to <br />approve a LOL that would not contribute to revenue loss due to compression. LOC <br />recogonizes that passage of the content of HJR 8 will likely be a multi-year effort. A <br />letter of support will be helpful to LOC's efforts. - 03/06/2013 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />4 | Page <br />April 17, 2013 IGR Committee Meeting <br />