Relating to funding the assessment and taxation functions of the property tax system in Oregon; prescribing an effective date.

Requires the Legislative Revenue Officer to study the funding of the assessment and taxation functions of the property tax system in Oregon. Directs the officer to submit a report, with recommendations for legislation, to the interim committees of the Legislative Assembly related to revenue not later than December 1, 2025. Takes effect on the 91st day following adjournment sine die.