What is Ballot Measure 26-48?
Ballot Measure 26-48 is a proposed ordinance that would provide three years of bridge funding for Multnomah County schools, senior and low-income health services and public safety needs such as decreasing the early release of prisoners. If enacted, the ordinance would establishes a three-year, personal income tax of 1.25% on Oregon taxable income. The net effective tax paid is graduated because the first $2,500 for a single tax filer and first $5,000 for Joint/Head of Household tax filer is exempt. The effective rate would range from .06 – 1.25%. This is not a property tax proposal. This Measure applies to residents of Multnomah County only.
