Authorizes local governments to propose transit benefit districts covering area within quarter-mile radius of rail stations. Authorizes local governments to propose transit benefit districts covering area within quarter-mile radius of rail stations. Provides that transit benefit districts are eligible for public works projects that support transit-oriented development, to be funded by property taxes assessed on increase in land value directly attributable to benefit derived by property from presence of rail station.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Oregon Legislative Assembly - Public Testimony Registration Form
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HB 3178 House Committee On Transportation and Economic Development
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