13
Special Election
June 22, 1945
Bill Authorizing Tax Levy For
STATE BUILDING. FUND
THIS BILL APPROPRIATES $10,-
000,000 OF INCOME TAX REVENUES,
TO BE COLLECTED $5,000,000 EACH
YEAR FOR TWO YEARS, OF WHICH
$4,000,000 WILL BE USED TO CON
STRUCT BUILDINGS FOR HIGHER
EDUCATIONAL INSTITUTIONS AND
$6,000,000 FOR OTHER STATE IN STI
TUTIONS.
THIS MONEY WILL COME FROM
INCOME TAX REVENUES WHICH
WILL BE COLLECTED WHETHER OR
NOT THIS BILL IS APPROVED BY
THE PEOPLE.
Under Oregon law, income tax
revenues can he used for property tax
reduction and for no other purpose. In
order to make legal the use of income
tax revenues for t h i s proposed
building fund it is necessary to levy
it as a property tax to be offset by
income tax revenues, and a property
tax, above the 6% limitation, can only
be levied by a vote of the people.
Members of the legislature gave this
proposal almost unanimous approval.
The money will be used to provide
badly heeded buildings to house the
wards and inmates of Oregon’s state
institutions arid to correct à ten-year
lag in the building prograrii of the
Board of Higher Education.
PLEASE REMEMBER .the money
will come from income tax surpluses
and will N O T be collected as a prop
erty tax. It will be collected regardless
of the outcome of this election-
VOTE No. 300 "YES”.
Dean H. Walker, State Senator, In
dependence
Giles L. French, State Representa
tive, Moro
Burt K. Snyder, State Representa
tive, Lakeview
Official Voters’ Pamphlet
Oh June 22 the voters of the state
have the chance to modernize t h e i r
older institutions and improve all of
them by voting favorably on the re
ferred measürç to create a. $10,000,000
building fund. Those whose memories
of state finances go back for two de
cades realize what a rare opportunity
now exists, for.-the money is reàlly in
hand, in income tax receipts, needing
only ratification by the people for this
use through the device of authorizing
a property tax levy. For two decades
the state’s poverty when it came to
capital improvements has been chronic.
Luckily PWA came along and helped
out on the capitol group and op other
buildings. Now we have the opportun
ity to improve our state plant. It
should not be lost, a
Charles A. Sprague
State employees are concerned in the
bill to appropriate income tax revenues
to the State Building Fund for two
reasons. First, they are through their
employment acquainted with the ur
gent need for a state building pro
gram and realize | that although build
ing has been postponed for several
years it can not be much longer de
layed. Second, they recognize that state
employee welfare in general and the
financing of the Public Employees Re
tirement Fund in particular will be
greatly facilitated if the State Building
Program is financed by i n c o m e tax
surpluses as proposed by this bill.
I. A. DeFrance