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Oregon Sales and Property Taxes, Measure 1 (June 1969)

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The Oregon Sales and Property Taxes Amendment, also known as Measure 1, was on the June 3, 1969 ballot in Oregon as a legislatively-referred constitutional amendment, where it was approved. The measure would have reduced property taxes, increased corporation taxes and sales taxes.[1]

Election results

Oregon Measure 1 (June 1969)
ResultVotesPercentage
Defeatedd No504,27488.57%
Yes 65,077 11.43%

Election results via: Oregon Blue Book

Text of measure

The language appeared on the ballot as:[1]

1. PROPERTY TAX RELIEF AND SALES TAX - Purpose: Enacts three percent tax exempting food and prescription medicine. Prohibits increase without people’s vote. Constitutionally dedicates proceeds to reducing property taxes. Changes constitutional school property tax limitations, establishes new property tax bases which school districts cannot exceed without people's vote. Restricts number of school tax elections, provides uniform dates. Increases corporation taxes. Rebates some income taxes to low income families. Prohibits increased property taxes on homesteads of $20,000 or less after owner's age 65.

ESTIMATE OF FINANCIAL EFFECTS: The passage by the people of HJR 8 would make operative three state revenue measures.
House Bill 1055 (Corporation Tax Increase) would increase the rate of taxation from 8 to 9 percent on the taxable.income of banks and other financial corporations as defined by ORS 317.055 and 317.060. The tax rate on all other corporations would be raised from 6 to 7 percent of taxable income. The resulting increase would add approximately $6 million annually to the General Fund in the first year.
House Bill 1126 (Exemptions and Refunds) would enable the head of household with less than $3,500 of annual household income to obtain a refund from the General Fund via the income tax return that would offset a portion of the property tax he had paid to the county. For the purposes of this Act, 25 percent of an individual's rent would be considered as property tax. Annual cost to the General Fund would be approximately $7.7 million, plus an administrative cost of $125,000. HB 1126 would also provide that the taxes on a senior citizen homestead valued at $20,000 or less could not be increased, and would appropriate $800,000 for the purpose of offsetting the tax dollar reduction because of the freeze.
House Bill 1127 (Sales and Use Tax) would impose a three percent retail sales and use tax exempting food, drugs, and other specific items. On an annual basis, approximately $97.7 million would be collected by retail and other businesses. From the amount collected, approximately $1.2 million would be retained by the sellers as a vendor discount, and approximately $1.3 million would be allocated to the Motor Vehicle Use Tax Account, leaving approximately $95.2 million for the Sales Tax Receipts Account of the General Fund.
The state would collect the sales tax monies primarily by' quarter-years. The monies would then be credited to the Local Property Tax Relief Account. The sales and use tax collections for the first fiscal year ending June 30, 1970 (three quarter payments) would be in excess of $71 million. The estimated cost for the administration of the sales tax for the fiscal year 1969-70 would be about $1.5 million.

YES □

NO □ [2]

Support

Supporters

  • State Senator Anthony Yturri[1]
  • State Representative Floyd H. Hart
  • State Representative Sam Johnson
  • Oregonians for Property Tax Relief
  • Over 65 Or Almost Committee
  • The Committee to Clear the Air
  • Do Farmers Have a Future Committee
  • Committee for Sensible School Budget Elections

Opposition

Opponents

  • Oregonians Against Unfair Sales Tax[1]
  • Oregon AFL-CIO
  • United Steelworkers of America
  • Oregon State Grange

See also

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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.