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OR HB2077
Bill
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