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Legislators Looking at Property Taxes


When Oregonians passed Measure 5 and Measures 47 and 50 limiting the growth of property assessed value as a way to prevent big jumps in property tax bills, they didn't realize the inequities they could present. State Senator Chris Telfer says lawmakers are looking at ways to tweak legislation again. “You know, we're looking at even our property tax system and seeing how we can bring some more equity to it; so our next door neighbors aren’t paying huge differentials in property tax, given that they live in the same value of a house.  We're looking at some major things.” Currently the growth of property assessed value in Oregon is limited to a 3% maximum per year.

 

 

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