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

  1. Law
  2. Oregon Revised Statutes
  3. Revenue and Taxation
  4. Property Tax Rates and Amounts; Tax Limitations; Tax Reduction Programs
  5. Adjustment of Measure 47 comparison taxes and supplemental statutory reduction to account for certain additions of value.

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


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