Oregon Repeal of 6% Property Tax Limitation, Measure 7 (1968)

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The Oregon Repeal of 6% Property Tax Limitation Amendment, also known as Measure 7, was on the November 5, 1968 ballot in Oregon as an initiated constitutional amendment, where it was defeated. The measure would have repealed the 6% property tax limitation, provided a new limitation on property taxes of 1.5% market value and provided various exemptions.[1]

Election results

Oregon Measure 7 (1968)
ResultVotesPercentage
Defeatedd No503,44364.55%
Yes 276,451 35.45%

Election results via: Oregon Blue Book

Text of measure

The language appeared on the ballot as:[1]

7. CONSTITUTIONAL AMENDMENT CHANGING PROPERTY TAX LIMITATION - Purpose: Repeals 6% limitation. Limits property taxes to 1 1/2% market value. Exempts:
(1) Existing bonded indebtedness;
(2) Levies approved in November by majority equaling 20% of registered voters.

“Estimate of Financial Effects: If the voters approve this proposed constitutional amendment, the State Tax Commission estimates that property taxes levied locally by counties, cities, school districts and special districts such as rural fire protection districts would be reduced by about $150 million in the first year of its effect.
The State would then automatically collect at least $6,500,000 more after the first year from personal income taxes, corporation excise taxes and other taxes. This gain in State revenues would result primarily from: (1) smaller deductions for property taxes on itemized income tax returns of home- owners; and (2) smaller property tax deductions on business and commercial property owners' income tax returns.
The administrative costs to carry out this proposed amendment cannot be determined until enabling legislation is enacted.
Oregon law limits this statement to the effect of this proposed amendment on State government finance."

YES □

NO □ [2]

Support

Supporters

  • Oregon Taxpayers, Inc.[1]

Opposition

Opponents

  • League of Women Voters[1]
  • Committee to Keep Our Firemen, Police and Teachers on the Job

See also

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Suggest a link

External links

References

  1. 1.0 1.1 1.2 1.3 Oregon State Library, "State of Oregon Official Voters' Pamphlet," accessed November 29, 2013
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.