Loading chat...

OR HB3823

Bill

Official Source

Status

Failed

6/27/2025

Primary Sponsor

David Gomberg

Click for details

Origin

House of Representatives

2025 Legislative Measures

AI Summary

  • Exempts from property taxes personal property installed by for-profit or nonprofit businesses to generate or store energy for on-site consumption related to business operations
  • Exempts from property taxes property installed at residences to generate or store energy for consumption on the premises
  • Excludes utility businesses from the business property tax exemption (property assessed under ORS 308.505 to 308.674 does not qualify)
  • Residential exemption amount equals the difference between the home's market value with and without the energy equipment installed
  • Applies to property tax years beginning on or after July 1, 2026, and takes effect 91 days after the 2025 legislative session adjourns

Legislative Description

Relating to property taxes; prescribing an effective date.

Last Action

In committee upon adjournment.

6/27/2025

Committee Referrals

Revenue3/28/2025
Climate, Energy, and Environment3/4/2025

Full Bill Text

No bill text available