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Many Oregon cities face budget shortfalls some blame on structural problems with property taxes created by Measures 5 and 50, passed in the 1990s.
The largest property tax exemption is the exemption for registered non-profit organizations; all 50 states fully exempt these organizations from state and local property taxes with a 2009 study estimating the exemption's forgone tax revenues range from $17–32 billion per year.
The Oregon Tax Court is a state court in the U.S. state of Oregon, which has jurisdiction in questions of law that regard state tax laws. [1] [2] Examples of matters that would come before this court include income taxes, corporate excise taxes, property taxes, timber taxes, cigarette taxes, local budget law, and property tax limitations. [1]
Salem (/ ˈ s eɪ l ə m / ⓘ SAY-ləm) is the capital city of the U.S. state of Oregon, and the county seat of Marion County. It is located in the center of the Willamette Valley alongside the Willamette River , which runs north through the city.
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The biggest non-city-exempt property presence in Salem is the state of Oregon, with about $1.65 billion in real market value. ... payment in lieu of taxes to help cover some of the services that ...
Ballot Measure 47 was an initiative in the U.S. state of Oregon that passed in 1996, affecting the assessment of property taxes and instituting a double majority provision for tax legislation. Measure 50 was a revised version of the law, which also passed, after being referred to the voters by the 1997 state legislature.
Marion County is one of the 36 counties in the U.S. state of Oregon. The population was 345,920 at the 2020 census , [ 1 ] making it the 5th most populous county in Oregon. The county seat is Salem , [ 2 ] which is also the state capital of Oregon.
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