Relating to: levy increase limit for the village of Oregon and the towns of Oregon and Rutland. (FE)

SB 439 authorizes annual state funding to three local governments in Oregon: the Village of Oregon ($172,400), the Town of Oregon ($51,100), and the Town of Rutland ($1,100) for the 2026-27 fiscal year. It creates a new process where the Department of Revenue must distribute these specific amounts by June 30 each year as "levy adjustment grants" under statute 73.50. These grants are designed to offset local tax levy increases, providing direct financial support to these communities. The bill passed unanimously in November 2025 and establishes a recurring funding mechanism for these municipalities.