Chalkline Spring 2019

Page 5

HJR 2- On residential sales of $1 million or more, homes would be taxed at their Real Market Value rather the current assessed value which is considerably less. This would be a substantial tax increase. HJR 3- This would tax all commercial/industrial properties at Real Market Value instead of the current assessed value. This is a HUGE tax increase for owners of commercial property. SB 88- This would allow ADUs in land zoned for rural residential use. This could be a great opportunity to provide more affordable housing for people in rural areas.

SAVE THE DATE! 2019 HBA Golf Tournament Monday, July 15 Salem Golf Club 12:30pm Shotgun Start

SB 211- This would limit pass-through income eligible for reduced personal income tax rates. SB 608- This highly controversial rent-control bill that would ban no-cause evictions after the first year of tenancy; and would limit rent increases to no more than 7% plus inflation. If you’d like to see how rent control has worked historically, just Google it….you can read until the cows come home on how it doesn’t work. These bills are just some of the estimated 3000 bills the OHBA has and will be vetting. We’ll win some and lose some, but please know we will be working hard to fight like honey badgers for this industry. Our efforts to represent and protect your interests is why you’re a member and why I’d implore you to reach out to others in our industry to join the team.

$109 / Member $159 / Non-Member Event includes: Golf, cart, tee prizes, lunch provided by NW Natural, on-course beverages, prizes & dinner

Thank you for making our Association great and I look forward to serving you.

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Pricing good at the Salem location ONLY. Cannot be combined with other offers, subject to stock on hand. Other restrictions may apply, see a Parr associate for more details.

www.HomeBuildersAssociation.org

Spring 2019 | The Chalkline | 5


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