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- Title 29. REVENUE AND TAXATION
- Chapter 310. Property Tax Rates and Amounts; Tax Limitations; Tax Reduction Programs
- Tax Limitations
- Calculation of 1997 Measure 50 Permanent and Supplemental Statutory Rate Limits on Operating Taxes and 1997-1998 Tax Reductions
ORS 310.208 - 1997-1998 urban renewal certification
Cite as | ORS 310.208 |
(1) Notwithstanding ORS 457.440, for the tax year beginning July 1, 1997, an urban renewal agency shall certify to the assessor for each urban renewal plan the amount that would have been certified under ORS 457.440 (1995 Edition) and the other laws of this state applicable to the certification as set forth in Oregon Revised Statutes (1995 Edition) and as further modified by the laws of this state applicable to the tax year beginning July 1, 1997, other than:
(a) Section 11, Article XI of the Oregon Constitution, and the other provisions of House Joint Resolution 85 (1997) (Ballot Measure 50 (1997)); and
(b) ORS 310.212 to 310.242.
(2) If the urban renewal plan is an existing urban renewal plan, as defined in ORS 457.010, the urban renewal agency shall include in the certification a notice of a potential special levy made by the municipality, as defined in ORS 457.010, as permitted under section 11 (16), Article XI of the Oregon Constitution, in an amount to be subsequently determined under ORS 310.240(4). If the urban renewal plan is not an existing urban renewal plan, no special levy described in this subsection shall be made.
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