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Oregon Limits on Property Tax, Measure 2 (1984)

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The Oregon Limits on Property Tax Amendment, also known as Measure 2, was on the November 6, 1984 ballot in Oregon as an initiated constitutional amendment, where it was defeated. The measure would have limited real property tax to less than 1.5% of 1981 assessed value of property, required a majority popular vote for new or increased taxes and specified two tax-related election dates per year.[1]

Election results

Oregon Measure 2 (1984)
ResultVotesPercentage
Defeatedd No616,25250.69%
Yes 599,424 49.31%

Election results via: Oregon Blue Book

Text of measure

The language appeared on the ballot as:[1]

2. CONSTITUTIONAL REAL PROPERTY TAX LIMIT
QUESTION - Shall the Constitution limit real property tax rates and values, require elections for new taxes and limit tax elections?

EXPLANATION - Amends Constitution. Limits real property tax to lesser of 1 1/2% 1981 assessed value as adjusted or amount levied for 1983-84. Taxes for authorized debts exempted. Assessed values may increase 2% annually. Requires state-financier renter relief. New or increased taxes require majority vote of 50% of legal voters to taxing unit. Specifies two tax election dates. Limits licenses, user fees and service fees to actual cost. Exempts Social Security benefits from taxation.

ESTIMATE OF FINANCIAL EFFECT - The impact of the passage of this measure is based on existing laws and appropriation levels in effect on August 3, 1984. 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 1985, but will decrease by approximately $1.5 million in calendar year 1986 because total property taxes will be reduced.
Income taxes for corporations will increase by approximately $3.2 million and personal income taxes will increase approximately $12.6 million for a total increase of approximately $15.8 million in calendar year 1985. A decrease in property taxes means less deductions for purposes of Oregon income tax and thereby produces these increased income tax revenues.
The measure requires that renters be given property tax relief. At this time, it is impossible to determine how much this item will cost because the type of renter, i.e., agricultural, commercial, industrial and residential has not been determined and the amount of relief must be set by the legislature.

YES □

NO □ [2]

See also

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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.