Oregon Revised Statutes Revenue and Taxation § 306.350

(a) As a result of section 11, Article XI of the Oregon Constitution, every property tax exemption or special assessment granted by the Legislative Assembly reduces local resources available for local public services.

(b) The Legislative Assembly creates property tax exemptions and special assessments, but cities, counties and special districts bear the cost of those exemptions in forgone property tax revenues.

(c) The demand for additional property tax exemptions and special assessments is likely to increase.

(a) Providing state funding for new exemptions and special assessments or new expansions of existing exemptions and special assessments; or

(b) Reducing or eliminating other existing exemptions at the time exemptions are created or expanded.