74th OREGON LEGISLATIVE ASSEMBLY--2007 Regular Session
 
NOTE:  Matter within  { +  braces and plus signs + } in an
amended section is new. Matter within  { -  braces and minus
signs - } is existing law to be omitted. New sections are within
 { +  braces and plus signs + } .
 
LC 3779
 
                           A-Engrossed
 
                         House Bill 3532
                  Ordered by the House March 29
            Including House Amendments dated March 29
 
Sponsored by COMMITTEE ON REVENUE
 
 
                             SUMMARY
 
The following summary is not prepared by the sponsors of the
measure and is not a part of the body thereof subject to
consideration by the Legislative Assembly. It is an editor's
brief statement of the essential features of the measure.
 
  Permits counties to reduce certain certified expenditures
subject to conditions.
   { +  Declares emergency, effective on passage. + }
 
                        A BILL FOR AN ACT
Relating to county assessment function funding assistance
  payments; and declaring an emergency.
Be It Enacted by the People of the State of Oregon:
  SECTION 1.  { + Notwithstanding ORS 294.178 (4), for the fiscal
year beginning July 1, 2006, and ending June 30, 2007, a county's
reduction in expenditures certified by the Department of Revenue
does not alter the percentage to be paid to the county under ORS
294.178 (4) or the payments from the County Assessment Function
Funding Assistance Account under ORS 294.178 (3), provided:
  (1) The revenue of the county for the previous fiscal year was
supplemented by federal payments pursuant to the Secure Rural
Schools and Community Self-Determination Act of 2000
(P.L. 106-393) in an amount equal to at least 10 percent of the
revenue;
  (2) The reduction in county expenditures does not exceed 10
percent of the expenditures certified by the department; and
  (3) The reduction in county expenditures does not result in a
failure by the county to adequately provide the resources needed
to achieve proper compliance with ORS 308.232 and 308.234, ORS
chapter 309, other laws requiring equality and uniformity in the
system of property taxation and applicable rules of the
department. + }
  SECTION 2.  { + This 2007 Act being necessary for the immediate
preservation of the public peace, health and safety, an emergency
is declared to exist, and this 2007 Act takes effect on its
passage. + }
                         ----------