Fewer property tax deferrals; reverse mortgage not allowed

In the next few days, Oregonians who applied for the Senior and Disabled Property Tax Deferral program in July will receive letters from the Department of Revenue. The letters tell them if the state will pay their property taxes in November. The 2011 Legislature made significant changes to the program hit hard by the recession….

Two programs to assist elderly are restored

By Sen. Doug Whitsett (Distr. 28)Last week the Ways and Means General Government Subcommittee restored funding to two programs sponsored by the Department of Revenue that provide rent payment assistance to low income elderly Oregonians. Both programs had previously been eliminated in Governor Kitzhaber’s Recommended Budget. The combined programs provide critical funding for rent assistance…

Finance commission looks at initiatives

A five-member Committee composed of the Secretary of State, the State Treasurer, the Director of the Department of Revenue, the Director of the Department of Administrative Services, and a local government representative must prepare an estimate of the financial impact of each measure to be voted on statewide. The Financial Estimate Committee will meet on…