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OR HB2340

Bill

Official Source

Status

Failed

6/27/2025

Primary Sponsor

Unknown

Origin

House of Representatives

2025 Legislative Measures

AI Summary

  • Reduces the minimum homestead residency requirement for property tax deferral eligibility from five years to three years preceding April 15 of the claim filing year

  • Amends ORS 311.670 governing Oregon's homestead property tax deferral program

  • Applies to property tax years beginning on or after July 1, 2026

  • Takes effect on the 91st day following adjournment sine die of the 2025 regular legislative session

  • Introduced at the request of Governor Tina Kotek for the Department of Revenue

Legislative Description

Relating to eligibility criteria for the homestead property tax deferral program; prescribing an effective date.

Last Action

In committee upon adjournment.

6/27/2025

Committee Referrals

Revenue1/17/2025

Full Bill Text

No bill text available