2015 ORS 310.230¹
Adjustment of Measure 47 comparison taxes and supplemental statutory reduction to account for certain additions of value

(1) If the total statewide amount of additions of value certified to the Department of Revenue under ORS 310.220 (Assessor certification to Department of Revenue) (4) exceeds four percent of the assessed value of taxable property in this state for the tax year beginning July 1, 1997 (not taking into account the additions of value certified under ORS 310.220 (Assessor certification to Department of Revenue)), the department shall subtract the portion of the Measure 47 comparison taxes attributable to additions of value in excess of four percent from the statewide total of Measure 47 comparison taxes, prior to making the computation under ORS 310.222 (Computation of 1997 Measure 50 reduction and supplemental statutory reduction).

(2) The supplemental statutory reduction percentage determined under ORS 310.222 (Computation of 1997 Measure 50 reduction and supplemental statutory reduction) (6) shall be adjusted so as to achieve the same total reduction percentage for the taxes described in ORS 310.222 (Computation of 1997 Measure 50 reduction and supplemental statutory reduction) (1)(b) as is achieved for the statewide constitutional reduction percentage following the calculation in subsection (1) of this section. [1997 c.541 §30]

Notes of Decisions

Authority to assess at permanent rate is independent of any considera­tion of needs or resources of school district. Luedtke v. Estacada School District #108, 16 OTR 114 (2002)

Chapter 310

Law Review Cita­tions

5 EL 516 (1975)


1 Legislative Counsel Committee, CHAPTER 310—Property Tax Rates and Amounts; Tax Limitations; Tax Reduction Programs, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors310.­html (2015) (last ac­cessed Jul. 16, 2016).
 
2 Legislative Counsel Committee, Annotations to the Oregon Revised Stat­utes, Cumulative Supplement - 2015, Chapter 310, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ano310.­html (2015) (last ac­cessed Jul. 16, 2016).
 
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent.