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Oregon Measure 1, Sales and Property Tax Amendment (June 1969)

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Oregon Measure 1

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Election date

June 3, 1969

Topic
Taxes
Status

DefeatedDefeated

Type
Legislatively referred constitutional amendment
Origin

State legislature



Oregon Measure 1 was on the ballot as a legislatively referred constitutional amendment in Oregon on June 3, 1969. It was defeated.

A "yes" vote supported implementing a 3% retail sales tax and exempting food and prescription medications from the tax; prohibiting an increase in the sales tax rate without a statewide vote; increasing the tax rate on corporations; and changing constitutional requirements for school property tax bases, school property tax levies, and school district elections.

A "no" vote opposed implementing a 3% retail sales tax and exempting food and prescription medications from the tax; prohibiting an increase in the sales tax rate without a statewide vote; increasing the tax rate on corporations; and changing constitutional requirements for school property tax bases, school property tax levies, and school district elections.


Election results

Oregon Measure 1

Result Votes Percentage
Yes 65,077 11.43%

Defeated No

504,274 88.57%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Measure 1 was as follows:

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.

Full Text

The full text of this measure is available here.


Path to the ballot

See also: Amending the Oregon Constitution

A simple majority vote is required during one legislative session for the Oregon State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 31 votes in the Oregon House of Representatives and 16 votes in the Oregon State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.

See also


External links

Footnotes