Oregon Ballot Measure 53 (2008) - Estimate of Financial Impact

Estimate of Financial Impact

The direct financial impact of the measure to state and local governments was indeterminate due to the inability to accurately predict the number of civil forfeitures that may occur. If the frequency of civil forfeitures increases, then the amount of money going to the state and local jurisdictions would increase correspondingly. Any assets forfeited under the measure were distributed as follows: to the satisfaction of any foreclosed liens, security interests and contracts in the order of their priority; to the state or any of its political subdivisions for actual and reasonable expenses; and to the state or any of its political subdivisions for drug treatment programs. The measure would increase the revenue to the state and its political subdivisions, but the extent of the increase was unknown.

Read more about this topic:  Oregon Ballot Measure 53 (2008)

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