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OR HB2077

Bill

Status

Passed

6/11/2025

Primary Sponsor

Unknown

Origin

House of Representatives

2025 Legislative Measures

AI Summary

  • Extends the property tax exemption for nonprofit corporation low-income housing by six years, from July 1, 2027 to July 1, 2033
  • Applies to tax exemptions under ORS 307.540 to 307.548, which have been in effect since January 1, 1985
  • Takes effect on the 91st day after the 2025 regular legislative session adjourns
  • Passed the House on April 9, 2025 and the Senate on May 21, 2025

Legislative Description

Relating to property tax exemption for nonprofit corporation low income housing; and prescribing an effective date.

Last Action

Chapter 192, (2025 Laws): effective on the 91st day following adjournment sine die.

6/11/2025

Committee Referrals

Finance and Revenue4/10/2025
Revenue1/17/2025

Full Bill Text

No bill text available