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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 .
Property taxes dedicated for school funding were capped at $15 per $1,000 of real market value per year and gradually lowered to $5 per $1,000 per year. Property taxes for other purposes were capped at $10 per $1,000 per year. Thus, the total property tax rate would be 1.5% at the end of the five-year phase in period. [2]
A tax on real estate and personal property was created in 1844, [10] that covered a third of that year's expenses. [7] The next year the property tax was doubled to .0025% and a 50¢ poll tax was levied as well, with failure to pay resulting in disenfranchisement. [10]
According to Smartasset, the median home in King County, the most populous in the state, costs around $601,100, with the median annual property tax payment at $6,328.
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]
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After emigrating across the Oregon Trail in 1846, Augustus Fanno settled this land claim — the twelfth claim filed at the Oregon City Land Office and the first in what is now Washington County. Fanno built the New England-style farmhouse with neoclassical details in 1859. The farm continued in productive operation until the 1940s, and the ...
Washington County lost significant portions of its original area when Columbia and Multnomah counties were created in 1854. The county area was increased by 160 acres (65 ha) in 2014 when a section of Multnomah County was attached to Washington. [5] The area was returned to Washington County to allow for property development. [6]
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