Los Angeles -- Gov. Barbara Roberts yesterday proposed Oregon's first-ever statewide sales tax and other tax changes to help address a budget shortfall caused by Measure 5, a voter-approved limit on property taxes.

Gov. Roberts said the 3.5% sales levy and the rest of her restructuring proposal, known as the Oregon Tax plan, will at most close 85% of a projected $1.3 billion shortfall the state faces in its biennial general fund general that begins July 1, 1993.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.