OR SB517

Amends ORS 275.275 to direct the remaining balance from county sales of real property to the county general fund rather than distributing to governmental units according to the tax collection distribution formula

Changes apply to proceeds from property acquired by foreclosure of delinquent tax liens, exchange for foreclosed property, or other county-acquired real property

Retains existing priority distributions: first to refund county for advanced state taxes, second for penalties and fees, third for maintenance and legal costs, and fourth to satisfy local improvement liens filed by municipal corporations

Maintains special provisions for counties with populations of 650,000+ or 200,000+ that elect to distribute funds for housing services for youth and families with children at or below 30% median family income