Bill Text: OR HB2509 | 2013 | Regular Session | Introduced

Oregon House Bill 2509 (Prior Session Legislation)

Bill Title: Relating to land value taxation; prescribing an effective date.

Spectrum: Committee Bill

Status: (Failed) 2013-07-08 - In committee upon adjournment. [HB2509 Detail]

Download: Oregon-2013-HB2509-Introduced.html



     77th OREGON LEGISLATIVE ASSEMBLY--2013 Regular Session

NOTE:  Matter within  { +  braces and plus signs + } in an
amended section is new. Matter within  { -  braces and minus
signs - } is existing law to be omitted. New sections are within
 { +  braces and plus signs + } .

LC 2325

                         House Bill 2509

Introduced and printed pursuant to House Rule 12.00. Presession
  filed (at the request of House Interim Committee on Revenue)

                             SUMMARY

The following summary is not prepared by the sponsors of the
measure and is not a part of the body thereof subject to
consideration by the Legislative Assembly. It is an editor's
brief statement of the essential features of the measure as
introduced.

  Establishes Task Force on Land Value Taxation to compare
methods of property taxation. Requires task force to submit
report to interim committee of Legislative Assembly related to
taxation no later than October 1, 2014.
  Sunsets task force on date of convening of 2015 legislative
session.
  Takes effect on 91st day following adjournment sine die.

                        A BILL FOR AN ACT
Relating to land value taxation; and prescribing an effective
  date.
Be It Enacted by the People of the State of Oregon:
  SECTION 1.  { + (1) The Task Force on Land Value Taxation is
established, consisting of eight members appointed as follows:
  (a) The President of the Senate shall appoint:
  (A) Two members from among members of the Senate.
  (B) Two members with expertise in property taxation.
  (b) The Speaker of the House of Representatives shall appoint:
  (A) Two members from among members of the House of
Representatives.
  (B) Two members with expertise in property taxation.
  (2) The task force shall conduct a study of land value
taxation, to include:
  (a) An examination of the tax shift and equity effects of a
change from property taxation under Measures 5 and 50 to land
value taxation.
  (b) Simulation of a phase-in period and measurement of land
rent capture rates for each stage of the phase-in period.
  (c) Assessment of the revenue-generating effects of land value
taxation within urban renewal areas that currently employ tax
increment financing.
  (d) Assessment of the revenue-generating effects of land value
taxation on overlapping taxing districts.
  (e) Examination of the use of revenue-positive land value
taxation to offset reduction of tax revenues from other sources.
  (f) A simulation model to illustrate an alternative method to
split-rate land value taxation that would reduce assessments on
improvements.
  (g) Consideration of alternative methods of placing limits on
the growth of property taxes.
  (h) Examination of tax burden relief measures that could
accompany land value taxation.
  (3) The task force may study any aspect of land value taxation
it considers important to the success of the task force.
  (4) A majority of the members of the task force constitutes a
quorum for the transaction of business.
  (5) Official action by the task force requires the approval of
a majority of the members of the task force.
  (6) The task force shall elect one of its members to serve as
chairperson.
  (7) If there is a vacancy for any cause, the appointing
authority shall make an appointment to become immediately
effective.
  (8) The task force shall meet at times and places specified by
the call of the chairperson or of a majority of the members of
the task force.
  (9) The task force may adopt rules necessary for the operation
of the task force.
  (10) The task force shall submit a report in the manner
provided by ORS 192.245, and may include recommendations for
legislation, to an interim committee of the Legislative Assembly
related to taxation no later than October 1, 2014.
  (11) The Department of Revenue shall provide staff support to
the task force.
  (12) Members of the task force who are not members of the
Legislative Assembly are not entitled to compensation, but may be
reimbursed for actual and necessary travel and other expenses
incurred by them in the performance of their official duties in
the manner and amounts provided for in ORS 292.495. Claims for
expenses incurred in performing functions of the task force shall
be paid out of funds appropriated to the Department of Revenue
for purposes of the task force.
  (13) All agencies of state government, as defined in ORS
174.111, are directed to assist the task force in the performance
of its duties and, to the extent permitted by laws relating to
confidentiality, to furnish such information and advice as the
members of the task force consider necessary to perform their
duties. + }
  SECTION 2.  { + Section 1 of this 2013 Act is repealed on the
date of the convening of the 2015 regular session of the
Legislative Assembly as specified in ORS 171.010. + }
  SECTION 3.  { + This 2013 Act takes effect on the 91st day
after the date on which the 2013 regular session of the
Seventy-seventh Legislative Assembly adjourns sine die. + }
                         ----------