Determination of state replacement obligation.

  1. Law
  2. Oregon Revised Statutes
  3. Revenue and Taxation
  4. Property Tax Rates and Amounts; Tax Limitations; Tax Reduction Programs
  5. Determination of state replacement obligation.

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(a) School districts;

(b) Education service districts;

(c) Community college districts; and

(d) Community college service districts.

(2) Amounts appropriated to districts in the categories described in subsection (1) of this section for the fiscal year that equal the amounts determined under subsection (1) of this section shall constitute the state’s replacement obligation under section 11 (9), Article XI of the Oregon Constitution. [1997 c.541 §29a]


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