Proposes an amendment to the Oregon Constitution imposing a tax on property, providing that the tax is not subject to specified other constitutional limits on property taxes, providing that revenues from the tax must be deposited in an emergency resilience fund, providing that moneys in the fund may be used only for emergency resilience projects, and repealing these provisions on June 30, 2046. Refers the proposed amendment to the people for their approval or rejection at the next regular general election.

Summary

Digest: The measure asks voters to impose a tax on property to pay for projects to reduce risks from disasters. The tax would end after 20 years. The measure asks voters to say yes or no at the next general election. (Flesch Readability Score: 72.7). Proposes an amendment to the Oregon Constitution imposing a tax on property, providing that the tax is not subject to specified other constitutional limits on property taxes, providing that revenues from the tax must be deposited in an emergency resilience fund, providing that moneys in the fund may be used only for emergency resilience projects, and repealing these provisions on June 30, 2046. Refers the proposed amendment to the people for their approval or rejection at the next regular general election.