Oregon House Joint Resolution 203 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Unknown
Status: Failed on March 8 2020 - 100% progression
Action: 2020-03-08 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

Proposes amendment to Oregon Constitution authorizing new state real property transfer charge or increase in rate of existing state real property transfer charge if state law imposing charge or increase provides for exemption of first $500,000 of taxable value of real property and revenue is used exclusively to fund or finance affordable housing in this state. Requires state law imposing new charge or increasing rate of existing charge to contain definition of "affordable housing." Allows Legislative Assembly to adjust exemption amount to account for inflation. Refers proposed amendment to people for their approval or rejection at next regular general election held throughout this state.

Proposing amendment to Oregon Constitution relating to funding affordable housing.

No sponsor information available at this time.

Date	Chamber	Action
2020-03-08	House	In committee upon adjournment.
2020-02-11	House	Public Hearing held.
2020-02-03	House	Referred to Revenue with subsequent referral to Rules.
2020-02-03	House	First reading. Referred to Speaker's desk.
2020-01-27	House	Presession Released to the Public.

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2020R1/Measures/Overview/HJR203
Text	https://olis.oregonlegislature.gov/liz/2020R1/Downloads/MeasureDocument/HJR203/Introduced