Oregon Code § ORS 311.660

State levy collection limited to levies for payment of bonded indebtedness and interest
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The State of Oregon shall not for any fiscal year collect a state property tax, either directly or by apportionment among the several counties, in any greater amount than it may be necessary to collect by means of such a property tax for that year to pay bonded indebtedness or the interest thereon. [Amended by 1957 s.s. c.6 1; 2005 c.94 64]

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