(1) A school district imposing a construction tax shall impose the tax by a resolution adopted by the district board of the school district. The resolution shall state the rates of tax, subject to ORS 320.176.
(2) Prior to adopting a resolution under subsection (1) of this section, a school district shall enter into an intergovernmental agreement with each local government, local service district or special government body collecting the tax that establishes:
(a) Collection duties and responsibilities;
(b) The specific school district accounts into which construction tax revenues are to be deposited and the frequency of such deposits; and
(c) The amount of the administrative fee that the entity collecting the tax may retain to recoup its expenses in collecting the tax, not to exceed one percent of tax revenues. [2007 c.829 §5]
Note: See notes under 320.170.
Section: Previous 320.120 320.130 320.140 320.150 320.170 320.173 320.176 320.179 320.183 320.186 320.189 320.300 320.302 320.305 320.308 NextLast modified: August 7, 2008