Oregon Tax Reductions on Tangible Property, Measure 5 (1936)
The Oregon Tax Reductions on Tangible Property Amendment, also known as Measure 5, was on the November 3, 1936 ballot in Oregon as an initiated constitutional amendment, where it was defeated. The measure would have limited and reduced the total permissible state tax on real and tangible property to six mills per dollar of assessed and equalized valuation thereof.
|Oregon Measure 5 (1936)|
Election results via: Oregon Blue Book
Text of measure
The language appeared on the ballot as:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
Proposed by Initiative Petition
AMENDMENT LIMITING AND REDUCING PERMISSIBLE TAXES ON TANGIBLE PROPERTY - Purpose: Constitutional amendment to limit and reduce the total permissible state tax on real and tangible personal property payable in 1937, to 6 mills per dollar of assessed and equalized valuation thereof, reducing such limit 4 percent annually to 4.8 mills in 1942 and thereafter; limiting county, municipal, district, port and political subdivision levies to same total millage payable in 1937 as for 1935, and reducing such limit 4 percent thereof annually to 80 percent thereof for 1942 and thereafter. People may vote increase anyone year. All such taxable property shall be assessed one-half true cash value at time assessed.
310. Yes. I vote for the proposed amendment.
311. No. I vote against the proposed amendment.
- Oregon 1936 ballot measures
- 1936 ballot measures
- List of Oregon ballot measures
- History of Initiative & Referendum in Oregon
- Oregon Blue Book Initiative, Referendum and Recall: 1930-1936
- Oregon State Constitution
- State of Oregon Official Voters' Pamphlet November 1936
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