Oregon Senior Citizen Homestead Exemption (2010)

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Oregon Senior Citizen Homestead Exemption, also known as Initiative 19, did not appear on the November 2, 2010 statewide ballot in Oregon as an initiated state statute. According to the secretary of state, supporters did not file signatures in an attempt to qualify the measure for the 2010 ballot.

Ballot summary

The ballot title read as follows:[1]

Establishes property tax exemption for senior citizen's primary residence; reduces local government property tax revenue.

Result of "Yes" Vote: "Yes" vote establishes a property tax exemption for senior citizen's primary residence; exemption increases with age; excludes specified voter approved taxes; reduces property tax revenues.

Result of "No" Vote: "No" vote retains current laws regarding ad valorem residential property taxation, including potential low income deferral but no exemption for primary residence of senior citizen.

Summary: Establishes property tax exemption for the primary residence owned and occupied by senior citizen, beginning in tax years on or after January 1, 2011. Reduces revenue for school, other local government services. For a senior citizen aged 65 to 69, exemption applies to the first $100,000 of assessed value of property; for ages 70 to 74, $150,000; for ages 75 to 79, $200,000. Exemption is 100 percent for property owner aged 80 and older. Exemption does not apply to voter approved add-on taxes, such as serial levies, local options, and bond measures. Exemption increases by 3 percent per annum beginning in 2012. The measure directs the legislature to adopt legislation to prevent fraud in implementation of the exemption. Other provisions.

Path to the ballot

See also: Oregon signature requirements

According to the secretary of state, supporters did not file signatures in an attempt to qualify the measure for the 2010 ballot. Initiative petitions for statutes required six percent of 1,379,475, or 82,769 signatures. The deadline for filing signatures for the November 2, 2010 ballot was July 2, 2010.

See also

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References