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Bill > SB114


OR SB114

OR SB114
Relating to the property tax system in Oregon.


summary

Introduced
01/13/2025
In Committee
01/17/2025
Crossed Over
Passed
Dead
06/27/2025

Introduced Session

2025 Legislative Measures

Bill Summary

The statement includes a measure digest written in compliance with applicable readability standards. Digest: The Act would require a study of the property tax system in this state. A report will be submitted by September 15 of next year. (Flesch Readability Score: 72.3). Requires the Legislative Revenue Officer to study the property tax system in this state. Directs the officer to submit a report to the interim committees of the Legislative Assembly related to re- venue no later than September 15, 2026. Sunsets on January 2, 2027.

AI Summary

This bill requires the Legislative Revenue Officer, a state legislative staff position responsible for analyzing tax-related matters, to conduct a comprehensive study of Oregon's property tax system. The officer must prepare and submit a detailed report of their findings to the interim legislative committees that handle revenue-related issues by September 15, 2026. The study appears intended to review and potentially recommend improvements to the state's current property tax structure. The bill includes a sunset provision, meaning the requirement for this study automatically expires on January 2, 2027, which ensures the study is a time-limited initiative. By mandating this review, the bill seeks to provide legislators with an in-depth examination of the property tax system, potentially informing future policy decisions about taxation in Oregon.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Last Action

In committee upon adjournment. (on 06/27/2025)

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