Oregon Limitations on Property Taxes, Measure 6 (1978)
The Oregon Limitations on Property Taxes Amendment, also known as Measure 6, was on the November 7, 1978 ballot in Oregon as an initiated constitutional amendment, where it was defeated. The measure would have limited ad valorem real property taxes to 1.5% “full cash value” or appraised value of the property, allowed a maximum of 2% annual inflation increase, required a two-thirds voter of each legislative house to increase state taxes and a two-thirds popular vote for special local taxes and prohibited new ad valorem, sales or transaction taxes on property.
|Oregon Measure 6 (1978)|
Election results via: Oregon Blue Book
Text of measure
The language appeared on the ballot as:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
6. LIMITATIONS ON AD VALOREM PROPERTY TAXES
“ESTIMATE OF FINANCIAL EFFECTS: In addition to the revenue impact on local governmental units, this measure will have the following statewide revenue impacts:
Property tax refunds under Homeowners and Renters Property Tax Refund program and payments under Rental Assistance will be reduced by an estimated $14 millions in fiscal year 1979.
The maximum bonding authority for general obligation bonds is estimated to be reduced as follows:
Oregon State Highway, $45.0 millions; State Power Development, $67.5 millions; Oregon Veterans’ Welfare, $360.0 millions; Oregon Forest Rehabilitation and Reforestation, $8.5 millions; Projects, $33.8 millions; Facilities Community College and Education Center, $33.8 millions; Oregon Pollution Control, $45.0 millions; Irrigation, Drainage and Water Projects, $67.5 millions; Elderly Multi-family Housing, $22.6 millions.”
- Oregon 1978 ballot measures
- 1978 ballot measures
- List of Oregon ballot measures
- History of Initiative & Referendum in Oregon
- Oregon Blue Book Initiative, Referendum and Recall: 1972-1978
- Oregon State Constitution
- State of Oregon Official Voters' Pamphlet November 1978
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