Oregon House Bill 2321, introduced on January 13, 2025, aims to establish the Task Force on Impacts of Ballot Measures 5 and 50. This legislative initiative seeks to investigate the effects of these significant property tax measures on historically disadvantaged communities in Oregon.

The bill mandates the task force to study any disparate impacts resulting from Ballot Measure 5, passed in 1990, and Ballot Measure 50, enacted in 1997. Specifically, the task force will examine how these measures may have affected rental variations and other economic factors within these communities. The findings are to be compiled into a report, which must be submitted to the interim committees of the Legislative Assembly related to taxation by December 15, 2026. The task force is set to sunset on January 2, 2027.

The task force will consist of 11 members, with appointments made by the President of the Senate and the Speaker of the House of Representatives. It will operate under a majority rule and is empowered to adopt necessary operational rules. Additionally, the task force can propose legislation based on its findings.

The introduction of this bill has sparked discussions among lawmakers regarding the long-term implications of property tax measures on equity and access to housing. Advocates for the bill argue that understanding these impacts is crucial for creating fair taxation policies that do not disproportionately burden marginalized communities. However, some opposition may arise from those concerned about the potential for increased taxation or regulatory measures stemming from the task force's recommendations.

As the bill progresses through the legislative process, its outcomes could significantly influence future property tax legislation in Oregon, particularly in addressing equity issues within the state's taxation framework. The establishment of this task force reflects a growing recognition of the need to assess and rectify systemic disparities in the state's economic policies.