Add to ORKGLegislative Constitutional Amendment. Provides for minimum exemption of $750.00 assessed valuation for owner occupied dwelling, if owner not granted veteran\u27s or other exemption. Legislature shall provide for grants to counties, cities and counties, cities, and districts for revenue lost by such exemption. Legislature may establish maximum tax rates and bonding limitations for local government. Legislature may effect exemption for fiscal year 1968-1969 by direct payment of $70.00 to taxpayers entitled thereto. Declares there is a conflict between this measure and Proposition No.9 and one passed by greater vote shall prevail