(at the request of Multnomah County Tax Supervising and Conservation Commission)
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Regular Sponsors:
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Bill Title:
Relating to local budgets; and prescribing an effective date.
Catchline/Summary:
Permits municipal corporation to include amount necessary to pay principal and interest on bonded indebtedness in estimation of ad valorem taxation revenues for budget period. Permits municipal corporation to include amount necessary to pay principal and interest on bonded indebtedness in estimation of ad valorem taxation revenues for budget period. Requires taxing district to provide copy of budget to tax supervising and conservation commission in certain circumstances. Applies to tax years beginning on or after July 1, 2007.
Authorizes Douglas and Lane Counties to expend forest reserve moneys received from federal government for patrolling county roads by county law enforcement officials. Sunsets January 2, 2014.
Authorizes mass transit districts to enter into transactions for supply or delivery of electricity or diesel fuel on economic, dependable and cost-effective basis.
Takes effect on 91st day after adjournment sine die.
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SB 808
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