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Oregon Limitations on Real Property Tax, Measure 3 (1982)

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The Oregon Limitations on Real Property Tax Amendment, also known as Measure 3, was on the November 2, 1982 ballot in Oregon as an initiated constitutional amendment, where it was defeated. The measure would have limited the annual real property tax to 1.5% of 1979 true cash value of property, prohibited special ad volorem or sales tax on reality, required a two-thirds vote in the legislature or majority popular vote and limited the number of tax elections per year to two.[1]

Election results

Oregon Measure 3 (1982)
ResultVotesPercentage
Defeatedd No515,62650.53%
Yes 504,836 49.47%

Election results via: Oregon Blue Book

Text of measure

The language appeared on the ballot as:[1]

3. CONSTITUTIONAL REAP PROPERTY TAX LIMIT PRESERVING 85% DISTRICTS’ 1979 REVENUE
QUESTION - Shall constitution limit real property tax rates and valuations, preserve HARRP, require elections for certain taxes and limit tax elections?

PURPOSE - Constitutional amendment limits annual real property tax to 1 1/2% 1979 true cash value, plus among necessary to provide 85% (100% for emergency services) 1979-80 districts’ revenues. Requires equivalent renter relief. Taxable values, district revenues may increase 2% annually. Taxes for existing debts exempted. Preserves HARRP. Prohibits special ad valorem or sales tax on realty. Tax increases require 2/3 legislative or majority popular vote. Certain taxes require elections. Annual limit of two tax elections.

ESTIMATE OF FINANCIAL EFFECTS - The impact of the passage of this measure is based on existing laws and appropriation levels in effect on August 4, 1982. In addition to a revenue impact on local governmental units, passage of this measure will have the following financial impact on state government.
Homeowner and Renter Refund Program (HARRP) will not decrease in 1983, but will decrease by approximately $7.5 million in calendar year 1984 because of total property taxes will be reduced.
Income taxes for corporations will increase by approximately $6.3 million and personal income taxes will increase approximately $20.6 million for a total increase of approximately $26.9 million in calendar year 1983. A decrease in property taxes means less deductions for purposes of Oregon income tax and thereby produces these increased tax revenues.
Passage of this measure will prohibit the state from selling additional general obligation bonds for the following presently authorized programs:

• Oregon State Highway
• State Power Development
• Oregon Forest Rehabilitation and Reforestation
• Oregon Pollution Control
• Irrigation, Drainage and Water Projects
• Oregon Veterans’ Welfare
• High Education (Including Community Colleges) Facilities and Buildings
• Elderly Multi-Family Housing
• Small Scale Energy Projects

Passage of this measure will not affect any outstanding state bonds.

YES □

NO □ [2]

See also

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Suggest a link

Defeatedd Oregon Limitations on Real Property Tax, Measure 6 (1980)

External links

References

  1. 1.0 1.1 Oregon State Library, "State of Oregon Official Voters' Pamphlet," accessed December 10, 2013
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.