2011 Legislative Session
Requires public notice and hearing before governing body of municipality may activate urban renewal agency. Requires ordinance activating urban renewal agency to include determinations and findings that particularize nature of blighted areas in municipality.
Requires urban renewal agency to determine every year whether maximum indebtedness of urban renewal plan will be fully paid within subsequent 12-month period and, if so, to notify county assessor. Directs Secretary of State to conduct audit of each urban renewal agency every five years. Requires Secretary of State to issue report to each respective agency and make all reports available for public inspection. Requires each urban renewal agency to reimburse Secretary of State for cost of conducting respective audit. Requires Secretary of State to refer criminal matters included in audit report to district attorney of county where urban renewal area is located. Authorizes any person to bring mandamus action against urban renewal agency for noncriminal matters included in audit report.
Permits urban renewal plans to include school construction or reconstruction projects. Permits certain urban renewal plans to add certain noncontiguous lands to urban renewal areas. Requires urban renewal agencies to categorize tax increment revenues used for school projects within urban renewal plan as school system funds. Takes effect on 91st day following adjournment sine die.
Directs Oregon Business Development Department to establish program to allow rural airport in State of Oregon, with approval of all cities, counties and other local property taxing jurisdictions within which district exists, and to create airport tax increment financing district in which up to 50 percent of incremental tax revenues generated by commercial and industrial development or expansion can be used to pay for airport-related infrastructure and services for period of up to 25 years.
2009 Legislative Session
HB 3056 – Enrolled
Sets initial maximum indebtedness for specified urban renewal plans. Increases, on July 1 of each year, beginning in 2010, allowable amount of initial maximum indebtedness for plans that are not large metropolitan plans by use of specified index and for large metropolitan plans by use of change in average construction costs.
Allows urban renewal agency to amend certain plans to increase maximum indebtedness. Allows urban renewal agency to limit collection of taxes under specified circumstances and according to specified procedures. Allows urban renewal agency to notify assessor to collect maximum division of taxes for newly approved urban renewal plans and substantially amended plans, including certain plans classifiable as large metropolitan plans. Creates exceptions.
2007 Legislative Session
HB 3455: Urban Renewal Consolidated billing Tax Rate
HB 3455 revises the definition of an urban renewal plan’s consolidated billing rate to include certain urban renewal plans that have been substantially amended. Specifically, if the urban renewal plan is a “reduced rate” plan before it is substantially amended, it remains a “reduced rate” plan after it has been substantially amended. This clarification ensures that local option taxes will not be diverted into urban renewal if the urban renewal plan was not an “option 3” plan prior to October 1, 2001, and if this plan was subsequently amended by adding land to the urban renewal area or by increasing the amount of maximum indebt.