Oregon Constitution "ARTICLE XI-B STATE PAYMENT OF IRRIGATION AND DRAINAGE DISTRICT INTEREST"
Oregon Constitution – Article XI-B: State Payment of Irrigation and Drainage District Interest
Summary:
Article XI-B of the Oregon Constitution was added to authorize the State of Oregon to assist irrigation and drainage districts by paying the interest on certain bonded indebtedness of those districts. This was particularly important for supporting agricultural infrastructure and water management in rural areas.
Key Provisions:
Purpose:
Allows the state to pay interest on bonds issued by irrigation and drainage districts for the development and maintenance of water-related infrastructure (like canals, ditches, and drainage systems).
State Involvement:
The State may pay the interest, but not the principal, of the district bonds.
This financial support helps reduce the burden on local landowners and farmers who would otherwise have to cover all costs.
Bond Limitations:
Only bonds issued within specific timeframes and under certain statutory conditions are eligible.
The article limits the total amount of interest the state can pay annually.
Legislative Control:
The Oregon Legislature is authorized to enact laws to implement this article and set eligibility requirements.
Purpose of Support:
The goal is to promote agricultural development and efficient water use in Oregon’s arid and semi-arid regions.
RELATED Blog
0 comments